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    1590 Warren Ave Niles, OH 44446

    Sponsored
    For Lease
    $3 SF/Yr

    600,000 SF Multi-Use Industrial Complex

    Lot size:
    600,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 600,000 square foot industrial property, located at 1590 Warren Ave, Niles, OH 44446, presents a unique investment opportunity. The property, classified as Class C and built in 1950, comprises three single-story buildings situated on 50 acres of land. Offering flexible space configurations, it's ideally suited for a variety of uses including refrigerated/cold storage, flex space, manufacturing, warehousing, R&D, and distribution. The property boasts a 20 building floor area ratio (FAR) and features ceiling heights ranging from 15 to 17 feet. With a minimum divisible space of 25,000 square feet and a maximum contiguous space of 600,000 square feet, the property caters to businesses of all sizes. Currently, the entire 600,000 square feet is vacant. Ample parking is available with 200 total spaces and 60 drive-in doors. Utilities include power. The property is zoned for industrial use and benefits from a convenient location within the Warren/Niles submarket cluster of the Youngstown-Warren submarket. Property taxes are $0.15 per square foot. While there are no loading docks or elevators, the flexibility and size of this property make it a compelling option for a wide range of industrial tenants.

    Property Features for 1590 Warren Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    600,000 SF
    Class
    C
    Total Rate
    175000

    Building Details

    Year Built
    1950
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    25,000 SF - 600,000 SF
    Size
    600,000 SF
    Rate per SF
    $3

    HighLights

    • 600,000 SF industrial property on 50 acres in Niles, OH.
    • Class C, 1950 construction, three single‑story buildings.
    • Flexible space for various uses including cold storage, manufacturing, and distribution.
    • 15‑17' ceiling heights, 60 drive‑in doors, 200 parking spaces.
    • Divisible to 25,000 SF, up to 600,000 SF contiguous; currently vacant.
    • $0.15/SF property taxes; zoned industrial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Nail Salon Kitchen & Bath HVAC Service Storage Facility Garden Center Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7968077
    Latitude
    41.1986312

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 600,000 SF Multi-Use Industrial Complex
    Where is this refrigerated / cold storage located?
    The property is located at 1590 Warren Ave Niles, OH.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 600,000 SF industrial property on 50 acres in Niles, OH.; Class C, 1950 construction, three single-story buildings.; Flexible space for various uses including cold storage, manufacturing, and distribution.
    Request Owner's contact information
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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
    1590 Warren Ave Niles, OH 44446
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