Automotive Service
For Sale
$675,000
792 Youngstown Kingsville, Vienna, OH 44473
Operational facility includes service equipment, inventory, and additional office area.
Property Size5,228 SF
Price / SF$135
Days on Market40
Property Features for 792 Youngstown Kingsville
General Information
Standard status
Active
Size
5,228 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Service Bays
2
Taxes and HOA fees
Annual Taxes
$3,745
Building Details
Building Size
5,228 SF
Year Built
1960
Buildings
1
Listing Agency:
Kelly Warren and Associates RE Solutions
(330) 272-6889
Listed By:
James Lynn · License #2021006826
(330) 272-6889
Source:
Carolgoffrealestate
Added: Jul 22
Changed: Aug 29
Last Checked: Aug 29 at 10:22AM
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 Kelly Warren and Associates RE Solutions
Investment Insights
Based on property information with market context.
This automotive service property includes a 5,000 square foot building with two mechanic service bays and space formerly used as offices. The sale includes the business, equipment, and existing inventory, supporting continued operation from the site. The business has operated since 1973, while the building dates to 1960.
The offering includes two parcels at 792 Youngstown Kingsville in Vienna, Ohio. Additional land provides room for future improvements, added structures, or outdoor storage, as supported by the existing property configuration.
The offering includes two parcels at 792 Youngstown Kingsville in Vienna, Ohio. Additional land provides room for future improvements, added structures, or outdoor storage, as supported by the existing property configuration.
Key Highlights
- Established automotive business operating since 1973
- 5,000 square foot building constructed in 1960
- Two mechanic service bays
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
$48,283
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
7.15%
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%
$965,660
$965.7K
Cap Rate 7%
$689,757
$689.8K
Cap Rate 9%
$536,478
$536.5K
Market Conditions
NOI Build-Up for 5,000 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
$72.0K $14.40/SF
− Vacancy
−$3.0K −$0.60/SF
EGI
$69.0K $13.80/SF
− OpEx
−$20.7K −$4.14/SF
NOI
$48.3K $9.66/SF
Area
Trumbull County, OH
Vacancy
4.20%
Lease Rate
$14.40 /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%
$965,660
Cap Rate 7%
$689,757
Cap Rate 9%
$536,478
Alternative Uses
Best Use
Retail
$689.8K
$603.5K – $804.7K
NOI $48,283 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$293.5K
$256.8K – $342.4K
NOI $20,546 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$949.0K
$830.4K – $1.11M
NOI $66,432 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44473, OH
3,719
Population
1,961
Households
1.9
Avg Household Size
51
Median Age
29%
College-Educated
97%
High-School Grad
24.5 sq mi
ZIP Area
152
Density / Sq Mi
$76,382
Median Household Income
$40,102
Median Earnings
$953
Median Rent
$174,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vienna Lawn & Garden Inc — 1122 Youngstown Kingsville Rd SE, Vienna, OH 44473
Frequently Asked Questions
What type of property is this?
Auto shop - Operational facility includes service equipment, inventory, and additional office area.
Where is this auto shop located?
The property is located at 792 Youngstown Kingsville Vienna, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Established automotive business operating since 1973; 5,000 square foot building constructed in 1960; Two mechanic service bays
