Multi-Tenant Warehouse with Drive-In
For Sale
Contact for pricing
8060 Southern Blvd, Boardman, OH 44512
Multi-tenant warehouse with available space, drive-in access, and 200-amp power.
Property Size18,000 SF
Price / SF$61.11
Days on Market188
Property Features for 8060 Southern Blvd
General Information
Standard status
Active
Size
18,000 SF
Property subtype
Industrial
Occupancy
67%
Lease Type
Modified Gross
Investment Type
Owner/User
Warehouse & Industrial
Drive-In Doors
5
Power
200 amps
Building Details
Year Built
1988
Buildings
1
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Platz Realty Group
Listed By:
Don Thomas · License #OH
(330) 757-4889
Source:
Crexi
Added: Apr 15
Changed: Oct 15
Last Checked: Oct 16 at 6:28AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1988, this 18,000-square-foot warehouse is configured for multiple tenants and includes available space for an owner-user or additional occupancy. The property offers five drive-in doors and 200-amp power, supporting warehouse operations that require direct vehicle access and commercial electrical service.
Located at 8060 Southern Blvd in Youngstown, Ohio, the building combines established warehouse improvements with a multi-tenant layout and existing availability.
Located at 8060 Southern Blvd in Youngstown, Ohio, the building combines established warehouse improvements with a multi-tenant layout and existing availability.
Key Highlights
- 18,000‑square‑foot warehouse constructed in 1988
- Multi‑tenant configuration with available space
- Five drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,815
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,300
$1.8M
Cap Rate 7%
$1,283,071
$1.3M
Cap Rate 9%
$997,944
$997.9K
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$115.4K $6.41/SF
− Vacancy
−$9.7K −$0.54/SF
EGI
$105.7K $5.87/SF
− OpEx
−$15.8K −$0.88/SF
NOI
$89.8K $4.99/SF
Area
Mahoning County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,300
Cap Rate 7%
$1,283,071
Cap Rate 9%
$997,944
Alternative Uses
Best Use
Warehouse
$1.28M
$1.12M – $1.50M
NOI $89,815 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.40M
$2.97M – $3.96M
NOI $237,773 @ 7.0% cap · market cap 21.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
5
Drive-in doors
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Balanced
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
Similar Off Market Nearby
- Patriot Storage — 8060 southern blvd, boardman, oh 44512
- Extra Space Storage — 7986 Southern Blvd, Boardman, OH 44512
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-tenant warehouse with available space, drive-in access, and 200-amp power.
Where is this warehouse located?
The property is located at 8060 Southern Blvd Boardman, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 18,000‑square‑foot warehouse constructed in 1988; Multi‑tenant configuration with available space; Five drive‑in doors
