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    58 Hubbard Rd Youngstown, OH 44505

    Sponsored
    For Sale
    $450,000

    18,140 SF Industrial Property, 10 Docks

    Property size:
    18,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 18,140-square-foot industrial property, located at 58 Hubbard Rd, Youngstown, OH 44505, presents a compelling owner-user opportunity. The single-story building sits on a generous 2.9-acre lot and is zoned for industrial use. The property features ten loading docks, enhancing operational efficiency for distribution or manufacturing needs. Two drive-in doors provide additional access and flexibility. The property's APN is 53-011-0-042.00-0. Currently, a portion of the building is leased, generating a monthly income of $825. Additionally, a separate lease agreement for trailer storage on a portion of the yard space yields a monthly income of $1,000. This provides a potential income stream for the new owner. The asking price for this strategically located Youngstown, Mahoning County industrial space is $450,000. This property is ideal for businesses seeking a versatile and income-generating industrial space in a prime Ohio location. The property's classification includes distribution, manufacturing, and warehouse uses. This is a rare opportunity to acquire a well-situated industrial property with existing income streams.

    Property Features for 58 Hubbard Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    18,140 SF
    Lot Size
    126,324 SF

    Building Details

    Stories
    1

    HighLights

    • Existing tenant pays $825/month in net rent.
    • Trailer storage lease generates $1,000/month in net rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.635748097162
    Latitude
    41.122024473707

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    FAQs

    What type of property is this?
    Distribution property - 18,140 SF Industrial Property, 10 Docks
    Where is this distribution property located?
    The property is located at 58 Hubbard Rd Youngstown, OH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Existing tenant pays $825/month in net rent.; Trailer storage lease generates $1,000/month in net rent.;
    Request Owner's contact information
    58 Hubbard Rd Youngstown, OH 44505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    58 Hubbard Rd Youngstown, OH 44505
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