Automotive Shop with Powered
For Sale
Contact for pricing
4343 Mahoning Ave, Austintown, OH 44515
Flex-style automotive facility with offices, a second-floor warehouse area, and shop infrastructure built for service operations.
Property Size4,360 SF
Price / SF$91.51
Days on Market101
Property Features for 4343 Mahoning Ave
General Information
Standard status
Active
Size
4,360 SF
Total Parking Spaces
16
Property subtype
Industrial
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Sprinkler System
Yes
Additional Details
Fenced Yard
Yes
Service Bays
2
Building Details
Year Built
1986
Stories
2
Listing Agency:
Platz Realty Group
Listed By:
Don Thomas · License #OH
(330) 757-4889
Source:
Crexi
Added: May 27
Changed: Aug 14
Last Checked: Sep 2 at 6:52PM
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 for-sale automotive flex building combines office space with a functional service shop and a warehouse component. The property includes over 960 square feet of offices and a reception area, along with a second-floor warehouse area accessed by overbuilt stairs. The shop is equipped with a 10' x 12' powered door and a 12' high ceiling, and the building is sprinklered. Inside the shop, there are two automotive lifts and a compressor, with air lines in place. A wash bay is also included, and the shop has Co-ray-vac heat, air filters, and overhead power and air systems.
Out front, there is more than 16 parking spaces, and the property also features a fenced-in yard in the rear. The automotive shop layout is supported by the existing service-oriented infrastructure, including the overhead power/air setup and the wash bay.
For tenants or buyers seeking a ready-to-operate vehicle service environment, the combination of office/reception space, shop mechanics’ equipment, and warehouse storage space can support multiple service workflows under one roof. The presence of the sprinkler system and the ability to stage equipment and vehicles using the rear yard and front parking further supports practical day-to-day operations. The property is located at 4343 Mahoning Ave, Austintown, OH 44515.
Out front, there is more than 16 parking spaces, and the property also features a fenced-in yard in the rear. The automotive shop layout is supported by the existing service-oriented infrastructure, including the overhead power/air setup and the wash bay.
For tenants or buyers seeking a ready-to-operate vehicle service environment, the combination of office/reception space, shop mechanics’ equipment, and warehouse storage space can support multiple service workflows under one roof. The presence of the sprinkler system and the ability to stage equipment and vehicles using the rear yard and front parking further supports practical day-to-day operations. The property is located at 4343 Mahoning Ave, Austintown, OH 44515.
Key Highlights
- Flex‑style automotive facility built in 1986 with office, reception, second‑floor warehouse, and a 2,440 SF shop
- Shop includes a 10' x 12' powered door, a 12' high ceiling, and overhead power and air
- Automotive shop setup includes 2 automotive lifts, compressor, and air lines, plus a wash bay
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
$17,916
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
4.49%
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%
$358,320
$358.3K
Cap Rate 7%
$255,943
$255.9K
Cap Rate 9%
$199,067
$199.1K
Market Conditions
NOI Build-Up for 4,360 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
$27.9K $6.41/SF
− Vacancy
−$2.4K −$0.54/SF
EGI
$25.6K $5.87/SF
− OpEx
−$7.7K −$1.76/SF
NOI
$17.9K $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 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%
$358,320
Cap Rate 7%
$255,943
Cap Rate 9%
$199,067
Alternative Uses
Best Use
Industrial
$255.9K
$224.0K – $298.6K
NOI $17,916 @ 7.0% cap · market cap 4.49%
Second Best
Flex RnD
$242.9K
$212.6K – $283.4K
NOI $17,004 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$822.8K
$719.9K – $959.9K
NOI $57,594 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
2
Service bays
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44515, OH
27,480
Population
13,992
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
18.5 sq mi
ZIP Area
1,485
Density / Sq Mi
$52,831
Median Household Income
$36,156
Median Earnings
$766
Median Rent
$142,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex-style automotive facility with offices, a second-floor warehouse area, and shop infrastructure built for service operations.
Where is this flex space located?
The property is located at 4343 Mahoning Ave Austintown, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Flex‑style automotive facility built in 1986 with office, reception, second‑floor warehouse, and a 2,440 SF shop; Shop includes a 10' x 12' powered door, a 12' high ceiling, and overhead power and air; Automotive shop setup includes 2 automotive lifts, compressor, and air lines, plus a wash bay
