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    3418 Elm Rd Warren, OH 44483

    For Sale
    $5,100,000

    High-Occupancy Industrial Warehouse, Excellent Investment

    Property size:
    79,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 79,175 square foot, single-story warehouse located at 3418 Elm Rd NE in Warren, Ohio (44483), Trumbull County. The property is currently 100% occupied under a Net Net Net (NNN) lease with Cabinetworks, the nation's largest privately held kitchen cabinet manufacturer, boasting over $1.8 billion in sales. This is a true NNN lease, meaning the tenant is responsible for all property expenses, including roof maintenance. The building consists of a single structure, offering a stable and predictable income stream. The asking price for this industrial property is $5,100,000. This represents a compelling investment opportunity due to the long-term lease with a financially strong and established tenant in a strategically located warehouse. The property's size and occupancy rate make it an attractive asset for investors seeking a secure and high-return investment in the industrial real estate sector. The property's location in Warren, Ohio provides easy access to major transportation routes, further enhancing its appeal.

    Property Features for 3418 Elm Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    79,175 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 79,175 SF single‑story warehouse in Warren, OH (44483).
    • 100% occupied by Cabinetworks under a NNN lease.
    • Asking price: $5,100,000.
    • Long‑term lease with a financially strong tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ohio Cabinet Outlet Cabinet Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop 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
    -80.782052439093
    Latitude
    41.26836857447

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    FAQs

    What type of property is this?
    Distribution property - High-Occupancy Industrial Warehouse, Excellent Investment
    Where is this distribution property located?
    The property is located at 3418 Elm Rd Warren, OH.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: 79,175 SF single-story warehouse in Warren, OH (44483).; 100% occupied by Cabinetworks under a NNN lease.; Asking price: $5,100,000.
    Request Owner's contact information
    3418 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
    3418 Elm Rd Warren, OH 44483
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