Flex Industrial
For Sale
$399,000
4343 Mahoning Ave, Youngstown, OH 44515
For sale flex and industrial commercial property at 4343 Mahoning Ave in Youngstown, Ohio.
Property Size4,360 SF
Days on Market49
Property Features for 4343 Mahoning Ave
General Information
Standard status
Active
Size
4,360 SF
Property subtype
Industrial - Flex - Industrial
Building Details
Building Size
4,360 SF
Year Built
1986
Listing Agency:
Platz Realty Group
(330) 757-4889
Listed By:
Don Thomas
Source:
Commercialcafe
Added: Jul 13
Changed: Aug 25
Last Checked: Aug 29 at 6:08AM
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 commercial property is classified as flex space, with industrial property designation as well. It is presented as a single commercial asset suitable for a range of general business uses typical of flex and light industrial configurations.
The property is located at 4343 Mahoning Ave in Youngstown, Ohio 44515. Specific building details, unit layout, and condition information are not provided in the available data.
Interested parties should request additional property specifics to confirm dimensions, improvements, and any site or access details before proceeding.
The property is located at 4343 Mahoning Ave in Youngstown, Ohio 44515. Specific building details, unit layout, and condition information are not provided in the available data.
Interested parties should request additional property specifics to confirm dimensions, improvements, and any site or access details before proceeding.
Key Highlights
- Flex and industrial commercial property for sale at 4343 Mahoning Ave in Youngstown, Ohio
- Built in 1986
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
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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Similar Off Market Nearby
- The Upstairs Catering — 4500 Mahoning Ave, Youngstown, OH 44515
Frequently Asked Questions
What type of property is this?
Flex space - For sale flex and industrial commercial property at 4343 Mahoning Ave in Youngstown, Ohio.
Where is this flex space located?
The property is located at 4343 Mahoning Ave Youngstown, 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 and industrial commercial property for sale at 4343 Mahoning Ave in Youngstown, Ohio; Built in 1986
