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Renovated Office Building

784 McClurg Road, Boardman, OH 44512

For Sale
$399,000

A two-level professional property pairs client-facing rooms with private offices, a full basement and a two-car garage.

Property Size1,924 SF
Lot Size2.90 Acres
Price / SF$207.38
Days on Market364

Property Features for 784 McClurg Road

General Information

Standard status Active
Size 1,924 SF
Total Parking Spaces 2
Lot size 2.90 Acres
Property subtype Commercial
Zoning Residential

Additional Details

Condition Newly Renovated
Property Use Office

Taxes and HOA fees

Annual Taxes $5,335

Building Details

Building Size 1,924 SF
Year Built 1951
Buildings 1
Stories 2
Listing Agency: Berkshire Hathaway HomeServices Stouffer Realty
Listed By: Nick Maglis · License #2018000807
Source: Kimberlysrealtycorp
Added: Nov 10, 2025 Changed: Nov 7 Last Checked: Nov 7 at 6:22PM

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 Berkshire Hathaway HomeServices Stouffer Realty

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Investment Insights

Based on property information with market context.

At 784 McClurg Road in Boardman, this 1,924-square-foot office building occupies 2.9 acres and was built in 1951. The first floor includes a 20-by-16-foot meeting room, a 27-by-15-foot showroom or office area, a 24-by-18-foot kitchen and dinette, and a full bathroom. Two second-floor offices measure 16 by 11 feet and 15 by 12 feet, with a half bath nearby. A full basement and two-car garage add further space. The property is zoned Residential.

Renovations include the roof shingles, windows, HVAC, electrical service, flooring, paint and lighting. Exterior work includes an 18-by-6-foot covered porch, new concrete and landscaping. The property is 83 miles from Cleveland, 51 miles from Pittsburgh, 403 miles from New York City and 410 miles from Chicago.

Key Highlights

  • 1,924‑square‑foot office building on 2.9 acres
  • First‑floor meeting room measures 20 by 16 feet
  • 27‑by‑15‑foot showroom or office area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,424
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,480 $368.5K
Cap Rate 7%
$263,200 $263.2K
Cap Rate 9%
$204,711 $204.7K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$30.7K $15.96/SF
− Vacancy
−$6.1K −$3.19/SF
EGI
$24.6K $12.77/SF
− OpEx
−$6.1K −$3.19/SF
NOI
$18.4K $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%
$368,480
Cap Rate 7%
$263,200
Cap Rate 9%
$204,711

Alternative Uses

Best Use
Office B
$263.2K
$230.3K – $307.1K (±1% cap)
NOI $18,424 @ 7.0% cap · market cap 4.62%
Second Best
Retail
$86.6K
$75.8K – $101.0K (±1% cap)
NOI $6,061 @ 7.0% cap · market cap 1.52%
Theoretical Best
Office A
$363.1K
$317.7K – $423.6K (±1% cap)
NOI $25,415 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Auto Parts Store Dental Office Spa & Massage Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

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

Properties on Market for Office buildings in Mahoning County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - A two-level professional property pairs client-facing rooms with private offices, a full basement and a two-car garage.
Where is this office building located?
The property is located at 784 McClurg Road Boardman, 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: 1,924‑square‑foot office building on 2.9 acres; First‑floor meeting room measures 20 by 16 feet; 27‑by‑15‑foot showroom or office area
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