Flex Space Building With New
For Sale
Contact for pricing
5780 South Ave, Boardman, OH 44512
Corner-lot commercial building with South Avenue signage and access to Youngstown, Boardman, Poland, and Struthers.
Property Size15,920 SF
Price / SF$75.38
Days on Market105
Property Features for 5780 South Ave
General Information
Standard status
Active
Size
15,920 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
1972
Buildings
1
Building Size
15,920 SF
Listing Agency:
Platz Realty Group
Listed By:
Don Thomas · License #OH
(330) 757-4889
Source:
Crexi
Added: Jul 3
Changed: Oct 6
Last Checked: Oct 14 at 10:40PM
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 15,920-square-foot flex space building was constructed in 1972 and previously operated as Rulli Bros Market. The property includes a brand new roof and signage positioned on South Avenue, with the building located on a high-trafficked corner lot.
The site offers access to Youngstown, Boardman, Poland, and Struthers. The seller will split the parcel from the building parcel, and an additional 0.54-acre outparcel is available separately.
The site offers access to Youngstown, Boardman, Poland, and Struthers. The seller will split the parcel from the building parcel, and an additional 0.54-acre outparcel is available separately.
Key Highlights
- 15,920 SF flex space building constructed in 1972
- Brand new roof and South Avenue signage
- High‑trafficked corner‑lot position
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,418
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,308,360
$1.3M
Cap Rate 7%
$934,543
$934.5K
Cap Rate 9%
$726,867
$726.9K
Market Conditions
NOI Build-Up for 15,920 SF
Gross rent
$102.0K $6.41/SF
− Vacancy
−$8.6K −$0.54/SF
EGI
$93.5K $5.87/SF
− OpEx
−$28.0K −$1.76/SF
NOI
$65.4K $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 Rate 5%
$1,308,360
Cap Rate 7%
$934,543
Cap Rate 9%
$726,867
Alternative Uses
Best Use
Industrial
$934.5K
$817.7K – $1.09M
NOI $65,418 @ 7.0% cap · market cap 5.45%
Second Best
Flex RnD
$887.0K
$776.1K – $1.03M
NOI $62,088 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$3.00M
$2.63M – $3.50M
NOI $210,297 @ 7.0% cap · market cap 17.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44512, OH
33,282
Population
15,770
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
94%
High-School Grad
17.0 sq mi
ZIP Area
1,958
Density / Sq Mi
$62,311
Median Household Income
$38,828
Median Earnings
$788
Median Rent
$158,800
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 - Corner-lot commercial building with South Avenue signage and access to Youngstown, Boardman, Poland, and Struthers.
Where is this flex space located?
The property is located at 5780 South Ave Boardman, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 15,920 SF flex space building constructed in 1972; Brand new roof and South Avenue signage; High‑trafficked corner‑lot position
