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    Updated Office Space For Sale Title is generated by Realmo AI

    650 Youngstown Warren Rd, Niles, OH 44446

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    Recently updated office space with private offices and conference room.

    Type:Office
    Property size:
    2,344 SF
    Price / SF:
    $117/SF
    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

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    Adam Divelbiss
    Adam Divelbiss

    Listing office Platz Realty Group

    Listing date Jun 15, 2024

    Source Crexi

    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

    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

    This updated office space offers a straightforward, walk-in layout and includes a monument sign. The interior features private offices, a large conference room, a kitchen area, and two restrooms. The property is situated east of State Route 46 (Niles Cortland Road) in a high-traffic location less than 2 miles from Eastwood Mall. The property size is 2,344 square feet.

    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
    2,344 SF · lease $15.96/SF/yr · vacancy 19.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $322.7K
    $282.3K – $376.4K (±1% cap)
    NOI $22,586 @ 7.0% cap · market cap 8.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $444.9K
    $389.3K – $519.1K (±1% cap)
    NOI $31,143 @ 7.0% cap · market cap 11.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Michael O'bruba Physician

    Suggested Use

    Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center Law Firm Auto Parts Store Dental Office Skin Care Clinic Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7271194
    Latitude
    41.1941245

    FAQs

    What type of property is this?
    Office units - Recently updated office space with private offices and conference room.
    Where is this office units located?
    The property is located at 650 Youngstown Warren Rd Niles, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: High traffic location less than 2 miles from Eastwood Mall; Straight walk‑in office space with a monument sign; Recently updated
    (330) 757-4889 Call to check price and availability
    More about this property
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