Adjacent Office
For Sale
Contact for pricing
5437 Mahoning Ave, Youngstown, OH 44515
Two office properties offer flexible acquisition as a combined asset or as separate buildings.
Property Size16,080 SF
Price / SF$161.69
Days on Market134
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Property Features for 5437 Mahoning Ave
General Information
Standard status
Active
Size
16,080 SF
Property subtype
OFFICE
Building Details
Buildings
2
Listing Agency:
Platz Realty Group
(330) 757-4889
Listed By:
Adam Divelbiss
(501) 551-3817
Source:
Moodyscre
Added: Jun 4
Changed: Oct 12
Last Checked: Oct 15 at 12:44AM
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 offering includes two adjacent office buildings with a combined 16,080 square feet of property size. The buildings may be acquired together or separately, providing flexibility for different ownership or occupancy plans.
The property is located at 5437 Mahoning Ave in Youngstown, Ohio 44515.
The property is located at 5437 Mahoning Ave in Youngstown, Ohio 44515.
Key Highlights
- Two adjacent office buildings
- Combined property size of 16,080 square feet
- Buildings can be purchased together or separately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,982
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,079,640
$3.1M
Cap Rate 7%
$2,199,743
$2.2M
Cap Rate 9%
$1,710,911
$1.7M
Market Conditions
NOI Build-Up for 16,080 SF
Gross rent
$256.6K $15.96/SF
− Vacancy
−$51.3K −$3.19/SF
EGI
$205.3K $12.77/SF
− OpEx
−$51.3K −$3.19/SF
NOI
$154.0K $9.58/SF
Area
Mahoning County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,079,640
Cap Rate 7%
$2,199,743
Cap Rate 9%
$1,710,911
Alternative Uses
Best Use
Office B
$2.20M
$1.92M – $2.57M
NOI $153,982 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.66M – $3.54M
NOI $212,410 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
840
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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two office properties offer flexible acquisition as a combined asset or as separate buildings.
Where is this office building located?
The property is located at 5437 Mahoning Ave Youngstown, OH.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Two adjacent office buildings; Combined property size of 16,080 square feet; Buildings can be purchased together or separately
