650 Youngstown Warren Rd, Niles, OH 44446
Recently updated office space with private offices and conference room.
- Added:
- Jun 15, 2024
- Days on Market:
- 753
- Last Refresh:
- Jul 5 at 7:53 am
Property Features for 650 Youngstown Warren Rd
General Information
- Standard status
- Active
- Size
- 2,344 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing office Platz Realty Group (330) 757-4889
Listing date Jun 15, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Platz Realty Group
HighLights
- High traffic location less than 2 miles from Eastwood Mall
- Straight walk‑in office space with a monument sign
- Recently updated
- Private offices and large conference room
- Kitchen area and 2 restrooms
- Located east of SR 46 (Niles Cortland Rd)
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $15.96 |
| − Vacancy | −$7.3k | −$3.11 |
| EGI | $30.1k | $12.85 |
| − OpEx | −$7.5k | −$3.21 |
| NOI | $22.6k | $9.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Niles
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.7271194
- Latitude
- 41.1941245