Standalone Office Building with
For Sale
Contact for pricing
3826 Main St, Mineral Ridge, OH 44440
Existing parking and a dedicated service window support office, branch, retail, and food-service configurations.
Property Size2,465 SF
Lot Size0.75 Acres
Price / SF$121.66
Days on Market398
Property Features for 3826 Main St
General Information
Standard status
Active
Size
2,465 SF
Lot size
0.75 Acres
Property subtype
OFFICE
Site & Location
Drive-Thru
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
2,465 SF
Listing Agency:
Platz Realty Group
(330) 518-6082
Listed By:
Theresa Morse · License #SAL.2022004714
(330) 518-6082
Source:
Moodyscre
Added: Jul 29, 2025
Changed: Aug 29
Last Checked: Aug 29 at 10:02PM
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
Investment Insights
Based on property information with market context.
This standalone 2,465-square-foot office building sits on 0.75 acres and includes a drive-through window with dedicated parking. The existing layout and site improvements support a range of configurations identified for the property, including a bank or financial branch, drive-thru coffee shop or café, fast-casual restaurant, professional or medical office, and retail use.
The property is located at 3826 Main St along South Main Street in Mineral Ridge, Ohio. Its setting includes frontage, signage exposure, and access for both vehicle and pedestrian traffic. The site also provides ingress and egress from the street, along with parking capacity suited to a standalone commercial operation.
The property is located at 3826 Main St along South Main Street in Mineral Ridge, Ohio. Its setting includes frontage, signage exposure, and access for both vehicle and pedestrian traffic. The site also provides ingress and egress from the street, along with parking capacity suited to a standalone commercial operation.
Key Highlights
- 2,465 SF standalone office building on 0.75 acres
- Existing drive‑through window with dedicated parking
- Frontage along South Main Street in Mineral Ridge
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,567
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$531,340
$531.3K
Cap Rate 7%
$379,529
$379.5K
Cap Rate 9%
$295,189
$295.2K
Market Conditions
NOI Build-Up for 2,465 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.0K $15.00/SF
− Vacancy
−$1.6K −$0.63/SF
EGI
$35.4K $14.37/SF
− OpEx
−$8.9K −$3.59/SF
NOI
$26.6K $10.78/SF
Area
Trumbull County, OH
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$531,340
Cap Rate 7%
$379,529
Cap Rate 9%
$295,189
Alternative Uses
Best Use
Specialty Retail
$379.5K
$332.1K – $442.8K
NOI $26,567 @ 7.0% cap · market cap 8.86%
Second Best
Retail
$340.1K
$297.6K – $396.7K
NOI $23,804 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$467.9K
$409.4K – $545.9K
NOI $32,751 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 44440, OH
4,648
Population
2,177
Households
2.1
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
8.4 sq mi
ZIP Area
553
Density / Sq Mi
$67,805
Median Household Income
$40,951
Median Earnings
$807
Median Rent
$159,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Existing parking and a dedicated service window support office, branch, retail, and food-service configurations.
Where is this office building located?
The property is located at 3826 Main St Mineral Ridge, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,465 SF standalone office building on 0.75 acres; Existing drive‑through window with dedicated parking; Frontage along South Main Street in Mineral Ridge
