For Sale
Contact for pricing
3501 Mahoning Ave, Youngstown, OH 44509
Automotive properties
Property Size5,675 SF
Price / SF$52.86
Days on Market1041
Property Features for 3501 Mahoning Ave
General Information
Standard status
Active
Size
5,675 SF
Property subtype
Retail
Zoning
MU-C
Building Details
Year Built
1998
Stories
1
Units
1
Listing Agency:
Platz Realty Group
Listed By:
Bill Kutlick · License #OH
(330) 565-5701
Source:
Crexi
Added: Dec 22, 2023
Changed: Oct 26
Last Checked: Oct 26 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platz Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Great visibility for your business.
- 5,675 SF of space.
- Features a convenient drive‑in door.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,320
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,400
$466.4K
Cap Rate 7%
$333,143
$333.1K
Cap Rate 9%
$259,111
$259.1K
Market Conditions
NOI Build-Up for 5,675 SF
Gross rent
$36.4K $6.41/SF
− Vacancy
−$3.1K −$0.54/SF
EGI
$33.3K $5.87/SF
− OpEx
−$10.0K −$1.76/SF
NOI
$23.3K $4.11/SF
Area
Mahoning County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,400
Cap Rate 7%
$333,143
Cap Rate 9%
$259,111
Alternative Uses
Best Use
Industrial
$333.1K
$291.5K – $388.7K
NOI $23,320 @ 7.0% cap · market cap 7.77%
Second Best
Retail
$255.4K
$223.5K – $297.9K
NOI $17,876 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.07M
$937.1K – $1.25M
NOI $74,964 @ 7.0% cap · market cap 24.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44509, OH
10,934
Population
5,581
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
84%
High-School Grad
5.6 sq mi
ZIP Area
1,953
Density / Sq Mi
$36,472
Median Household Income
$30,544
Median Earnings
$744
Median Rent
$56,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
Where is this automotive property located?
The property is located at 3501 Mahoning Ave Youngstown, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Great visibility for your business.; 5,675 SF of space.; Features a convenient drive‑in door.
