Retail and Industrial
For Sale
Contact for pricing
917 North Main Street, Hubbard, OH 44425
9,804 SqFt retail and industrial property available for sale.
Property Size9,804 SF
Price / SF$46.18
Days on Market169
Property Features for 917 North Main Street
General Information
Standard status
Active
Size
9,804 SF
Property subtype
Retail, Industrial, Mixed Use
Occupancy
100%
Listing Agency:
Platz Realty Group
(740) 627-0431
Listed By:
Alicia Angelo · License #OH 2017002852
Source:
Crexi
Added: Mar 5
Changed: Aug 11
Last Checked: Aug 20 at 4:47PM
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
Investment Insights
Based on property information with market context.
This property offers 9,804 square feet of retail and industrial space. It is located at 917 N Main St, Hubbard, OH 44425.
Key Highlights
- Retail Property
- 9,804 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,287
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$805,740
$805.7K
Cap Rate 7%
$575,529
$575.5K
Cap Rate 9%
$447,633
$447.6K
Market Conditions
NOI Build-Up for 9,804 SF
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.
Gross rent
$62.8K $6.41/SF
− Vacancy
−$5.3K −$0.54/SF
EGI
$57.6K $5.87/SF
− OpEx
−$17.3K −$1.76/SF
NOI
$40.3K $4.11/SF
Area
Trumbull County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$805,740
Cap Rate 7%
$575,529
Cap Rate 9%
$447,633
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.58M
NOI $94,674 @ 7.0% cap · market cap 20.91%
Second Best
Industrial
$575.5K
$503.6K – $671.5K
NOI $40,287 @ 7.0% cap · market cap 8.90%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,260 @ 7.0% cap · market cap 28.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 44425, OH
14,280
Population
6,614
Households
2.2
Avg Household Size
47
Median Age
27%
College-Educated
96%
High-School Grad
30.5 sq mi
ZIP Area
468
Density / Sq Mi
$62,287
Median Household Income
$42,293
Median Earnings
$804
Median Rent
$128,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 9,804 SqFt retail and industrial property available for sale.
Where is this retail property located?
The property is located at 917 North Main Street Hubbard, OH.
What is the asking price?
The asking price for this property is $452,700.
What are key features of this property?
This property features: Retail Property; 9,804 SqFt
