Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1285 Boardman-Canfield Rd Boardman, OH 44512

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $10 SF/Yr ($7,500 /Mo)

    Modern Office Suites, Prime Location

    Lot size:
    9,000 SF

    Property Features for 1285 Boardman-Canfield Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,000 SF
    Total Rate
    7500

    Building Details

    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 1285 Boardman-Canfield Rd, Boardman, OH 44512 Contact us
    Unit 1-2

    $10 /Mo

    Size
    2,500 SF
    Contact us
    Unit 3/5

    $10 /Mo

    Size
    784 SF
    Contact us

    We can help!

    Listing Contact
    Matthew Wilson
    Matthew Wilson

    Listing Agency: Platz Realty Group Listing Agent: Matthew Wilson

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

    Learn more

    Overview

    This single-story, 9,000 square foot multi-tenant office building offers exceptional flexibility for businesses of various sizes. Located in the vibrant Boardman/Canfield retail and restaurant district, directly across from a major Meijer store, this property boasts a highly desirable location with excellent visibility and accessibility. The building has recently undergone updates, ensuring a modern and comfortable workspace. Available spaces range from a minimum of 784 square feet to a maximum contiguous space of 2,500 square feet, catering to a variety of business needs. Multiple tenants are currently occupying the building, creating a thriving and collaborative environment. Ample parking is available for tenants and their clients, ensuring convenient access. The building is situated in Mahoning County, Ohio, providing easy access to major transportation routes and a wealth of amenities. This is an excellent opportunity to secure prime office space in a thriving commercial area. The property features a traditional office layout, ideal for a range of professional businesses. Contact us today to schedule a viewing and explore the possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Boardman
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.705021526846
    Latitude
    41.023656090084

    Nearby Similar for Lease

    • $500 /Mo
      28,837 SF

      Renovated Office Space for Lease

      Newly renovated office spaces with all-inclusive amenities in Boardman, OH.
      7227 Glenwood Ave, Boardman, OH 44512
      View Details
    • Contact for pricing
      7,000 SF

      Boardman Office Space Available

      1,400 SF Office Suite - Boardman, OH
      4921 Market St, Boardman, OH 44512
      View Details
    • $10 SF/Yr
      19,306 SF

      Boardman Flex Space - Available Now

      Class A Flex Space, 19,306 SF, Boardman, OH
      6224 South Ave, Boardman, OH 44512
      View Details
    • Contact for pricing
      1,129 SF

      Established Shopping Center Retail Space

      Retail spaces available in well-established shopping center.
      201-285 Boardman-Canfield Rd, Boardman, OH
      View Details
    • $11 SF/Yr
      3,400 SF

      Boardman Retail Space - US 224

      High-traffic retail space, prime location.
      112 Boardman Poland Rd, Boardman, OH 44512
      View Details
    • $12 SF/Yr
      20,870 SF

      Boardman Retail Space - Ohio

      High-traffic retail space, multiple suites available.
      8578 Market St, Boardman, OH 44512
      View Details
    • $8 SF/Yr
      7,800 SF

      Boardman Industrial Flex Space

      7,800 SF Flex/Warehouse Available
      97 Karago Ave, Boardman, OH 44512
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Suites, Prime Location
    Where is this office property / space located?
    The property is located at 1285 Boardman-Canfield Rd Boardman, OH.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 9,000 SF single-story office building in Mahoning County.; Multi-tenant building with two available spaces.; Spaces range from 784 to 2,500 contiguous square feet.
    (330) 757-4889
    Request Owner's contact information
    1285 Boardman-Canfield Rd Boardman, OH 44512
    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.
    1285 Boardman-Canfield Rd
    Boardman, OH 44512
    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
    1285 Boardman-Canfield Rd Boardman, OH 44512
    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!
    Listing Contact
    Matthew Wilson
    Matthew Wilson
    (330) 757-4889 (330) 347-9677
    Learn more
    Google sign-in failed. Please try again or use another login method.