Steel Retail Building with Divisible
For Sale
Contact for pricing
4450 Mahoning Ave, Youngstown, OH 44515
Steel retail building with a layout that can be divided into individually leased units.
Property Size8,320 SF
Price / SF$103.85
Days on Market637
Property Features for 4450 Mahoning Ave
General Information
Standard status
Active
Size
8,320 SF
Property subtype
RETAIL
Building Details
Year Built
2015
Construction
steel
Listing Agency:
Platz Realty Group
(330) 757-4889
Listed By:
Gary Lasko
(330) 509-4546
Source:
Moodyscre
Added: Jan 16, 2025
Changed: Oct 12
Last Checked: Oct 15 at 1:59AM
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 retail property is a steel building constructed in 2015 with 8,320 square feet of space. Formerly occupied by Family Dollar, the building offers a divisible configuration that can support separate units rented individually.
The property is located at 4450 Mahoning Ave in Youngstown, Ohio, just west of Raccoon Rd and near SR 11. Its existing retail format and flexible layout provide a straightforward platform for continued single-user occupancy or multiple suites.
The property is located at 4450 Mahoning Ave in Youngstown, Ohio, just west of Raccoon Rd and near SR 11. Its existing retail format and flexible layout provide a straightforward platform for continued single-user occupancy or multiple suites.
Key Highlights
- 8,320‑square‑foot steel retail building constructed in 2015
- Former Family Dollar location
- Layout can be divided into separate units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,208
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,160
$524.2K
Cap Rate 7%
$374,400
$374.4K
Cap Rate 9%
$291,200
$291.2K
Market Conditions
NOI Build-Up for 8,320 SF
Gross rent
$49.9K $6.00/SF
− Vacancy
−$12.5K −$1.50/SF
EGI
$37.4K $4.50/SF
− OpEx
−$11.2K −$1.35/SF
NOI
$26.2K $3.15/SF
Area
Mahoning County, OH
Vacancy
25.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,160
Cap Rate 7%
$374,400
Cap Rate 9%
$291,200
Alternative Uses
Best Use
Retail
$374.4K
$327.6K – $436.8K
NOI $26,208 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Steel retail building with a layout that can be divided into individually leased units.
Where is this retail space located?
The property is located at 4450 Mahoning Ave Youngstown, OH.
What is the asking price?
The asking price for this property is $864,000.
What are key features of this property?
This property features: 8,320‑square‑foot steel retail building constructed in 2015; Former Family Dollar location; Layout can be divided into separate units
