Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2662 Mahoning Ave Warren, OH 44483

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic location, multiple units available

    Lot size:
    127,440 SF

    Property Features for 2662 Mahoning Ave

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,440 SF
    Total Rate
    106200

    Spaces For Lease

    at 2662 Mahoning Ave, Warren, OH 44483 Contact us
    Unit Suite 2750-6

    $12 /Mo

    Size
    1,900 SF
    Contact us
    Unit Suite 2750-7

    $12 /Mo

    Size
    2,000 SF
    Contact us
    Unit Suite 2750-8

    $12 /Mo

    Size
    2,000 SF
    Contact us
    Unit Suite 2750-10

    $10 /Mo

    Size
    8,380 SF
    Contact us
    Unit Suite 2700

    $10 /Mo

    Size
    6,825 SF
    Contact us
    Unit Suite 2662-A

    $12 /Mo

    Size
    1,298 SF
    Contact us
    Unit Suite 2662-C

    $12 /Mo

    Size
    1,364 SF
    Contact us
    Unit Suite 2668

    $10 /Mo

    Size
    3,500 SF
    Contact us
    Unit Suite 2672

    $10 /Mo

    Size
    6,500 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Shea Macmillan
    Shea Macmillan

    Listing Agency: Platz Realty Group Listing Agent: Shea Macmillan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail strip mall, located at 2662 Mahoning Ave NW in Warren, Ohio, presents a compelling investment opportunity. The property boasts a total of 127,440 square feet, offering a diverse range of unit sizes to suit various business needs. Tenants can choose from spaces ranging from a minimum of 1,298 square feet to a maximum contiguous space of 8,380 square feet, providing flexibility for both small and large businesses. Currently, there are 41,767 square feet of vacant space available for lease, representing a significant opportunity for expansion or new tenancy within a well-established center. The property's prime location in Trumbull County, Ohio, ensures high visibility and accessibility for customers. The address is 2662 Mahoning Ave NW, Warren, OH 44483. This multi-tenant property is ideal for a variety of retail uses and offers a strong potential for return on investment. The property's size and layout provide ample opportunity for a diverse tenant mix, creating a vibrant and thriving retail environment. Don't miss this chance to secure a prominent position in a bustling Warren commercial district. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Great Wall Chinese ... Restaurant ATM Atm Citywide Wireless Electronics & Wireless Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.8488498
    Latitude
    41.2420649

    Nearby Similar for Lease

    • $2,750 /Mo
      435,600 SF

      Downtown Warren Versatile Commercial Space

      Versatile commercial space in downtown Warren, suitable for various businesses.
      145 W Market St, Warren, OH 44483
      View Details
    • $9 SF/Yr
      2,800 SF

      Downtown Warren Office Space Available

      Clean, secure office space in downtown Warren for rent.
      197 W Market St, Warren, OH 44481
      View Details
    • $8 SF/Yr
      2,000 SF

      Retail Space in Jamestown Village

      Retail space available in centrally located Trumbull County plaza.
      2700-2790 Mahoning Ave NW, Warren, OH 44483
      View Details
    • $12 SF/Yr
      800 SF

      Versatile Space in Howland District

      Office, medical, and retail spaces available for rent.
      8720 E Market St, Warren, OH 44484
      View Details
    • $13 SF/Yr
      375 SF

      Office Space in Howland Square

      Office space for rent in the Howland Commercial District.
      8001-8031 E Market St, Warren, OH 44484
      View Details
    • $9 SF/Yr
      1,900 SF

      Downtown Warren Retail/Office Space

      Clean retail/office space in downtown Warren near Courthouse Square.
      112-118 E Market St, Warren, OH 44481
      View Details
    • $11 SF/Yr
      7,493 SF

      Downtown Office Space Available

      Professional office space in downtown location with 24-hour security.
      108 Main Ave Sw, Warren, OH 44481
      View Details
    • $950,000
      7,559 SF

      Freestanding Building Near Eastwood Mall

      Freestanding retail building with drive-in door and ample parking.
      3454 Youngstown Rd SE, Warren, OH 44484
      View Details
    • $11 SF/Yr
      72,500 SF

      Downtown Office Space For Lease

      Office space for lease in downtown location.
      108 Main Street Ext SW, Warren, OH 44481
      View Details
    • Contact for pricing
      6,996 SF

      Turnkey Medical Facility For Rent

      Turnkey medical facility near Mercy Hospital and Kent State Trumbull.
      4554 Mahoning Ave NW, Warren, OH 44483
      View Details
    • Contact for pricing
      6,536 SF

      Auto Repair and Service Property

      Established auto shop and repair facility available for rent.
      4877 Mahoning Ave NW, Warren, OH 44483
      View Details
    • Contact for pricing
      1,540 SF

      Warren Class A Office Space

      Class A office space in Warren's Central Business District.
      200 Chestnut Ave NE, Warren, OH 44483
      View Details

    FAQs

    What type of property is this?
    Strip mall - High-traffic location, multiple units available
    Where is this strip mall located?
    The property is located at 2662 Mahoning Ave Warren, OH.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    What are key features of this property?
    This property features: Giant Eagle, Pizza Hut, and Get Go anchored shopping center in Jamestown Village Plaza.; Prime Trumbull County location.; Excellent access to proposed Mercy Hospital and Kimberly-Clark manufacturing plant.
    (330) 757-4889 Call to check price and availability
    Request Owner's contact information
    2662 Mahoning Ave Warren, OH 44483
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2662 Mahoning Ave
    Warren, OH 44483
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2662 Mahoning Ave Warren, OH 44483
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shea Macmillan
    Shea Macmillan
    Real Estate License ID: SAL.2023005004
    (330) 757-4889 (330) 360-9299
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!