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    3050 Elm Rd Warren, OH 44483

    For Sale
    $675,000

    High-Traffic Retail & Mobile Home Park

    Property size:
    4,464 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use property in Warren, Ohio, presents a unique investment opportunity. Located at 3050 Elm Rd NE, this 4,464 square foot shopping center boasts 4 units and 6 mobile home pads, complemented by two self-storage buildings. The property features a desirable location with high traffic counts, ensuring strong visibility and potential for increased revenue. The building offers ample front door parking for customer convenience and prominent pylon and building signage for tenants. With a total of 4,664 net rentable square feet, the asking price is $675,000, translating to $151.21 per square foot. This versatile property is ideal for investors seeking a diversified portfolio with strong rental income potential from retail, office, and mobile home spaces. The property's strategic location and diverse income streams make it an attractive investment prospect in a thriving market. The combination of retail/office space and the mobile home park provides a unique and potentially lucrative investment opportunity. The self-storage units add further diversification to the income stream. This property offers a compelling blend of established income and future growth potential. The property is situated in Trumbull County, Ohio, with a zip code of 44483.

    Property Features for 3050 Elm Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    4,464 SF

    Building Details

    Units
    4

    HighLights

    • $675,000 asking price for this mixed‑use property.
    • 4,664 square feet of net rentable space in a 4,464 square foot building.
    • $151.21 price per square foot.
    • Four units and six mobile home pads are included in this Warren, Ohio shopping center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Daprile Insurance Group, ... Insurance Agency Olympus Chiropractic and Wellness ... Chiropractor Apprisen Non-Profit Organization Dr. Michael C. ... Chiropractor IFW Consulting Llc Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7830503
    Latitude
    41.2624354

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    FAQs

    What type of property is this?
    Lifestyle center - High-Traffic Retail & Mobile Home Park
    Where is this lifestyle center located?
    The property is located at 3050 Elm Rd Warren, OH.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: $675,000 asking price for this mixed-use property.; 4,664 square feet of net rentable space in a 4,464 square foot building.; $151.21 price per square foot.
    Request Owner's contact information
    3050 Elm Rd Warren, OH 44483
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    Warren, OH 44483
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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
    3050 Elm Rd Warren, OH 44483
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