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    - 21.3 acres Clarkins Dr Austintown, OH 44515

    Sponsored
    For Sale
    Contact for pricing

    21.3 Acres, Vacant, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21.3-acre commercial land parcel presents a unique investment opportunity in Austintown, Ohio. Located in Mahoning County, this vacant property boasts a highly desirable location on State Route 46 (Canfield Niles Road) and Webb Road, with convenient access to the I-80 on/off ramp. Its strategic positioning offers unparalleled visibility and accessibility for a wide range of commercial ventures. The property's zoning allows for diverse development options, making it ideal for restaurants, hotels, or fast-food establishments. The land is priced at $40,250 per acre, representing a significant value proposition given its prime location and development potential. Consider the proximity to Hollywood Gaming, a large 180-acre racetrack and casino, which further enhances the property's appeal and potential for high traffic and customer base. This is a rare chance to acquire a substantial tract of land in a thriving area with excellent infrastructure and high visibility, perfect for a variety of commercial uses. The property is currently vacant, providing immediate development opportunities for the discerning investor. The land is classified as Retail and Land, with a subtype of Restaurant and Commercial. The zip code is 44515.

    Property Features for - 21.3 acres Clarkins Dr

    General Information

    Property type
    Restaurants
    Lot Size
    927,828 SF

    HighLights

    • 21.3‑acre commercial land parcel in Austintown, OH.
    • Highly visible location on State Route 46 and Webb Road, with I‑80 access.
    • Zoned for diverse commercial uses, including restaurants and hotels.
    • $40,250 per acre; prime location near Hollywood Gaming.
    • Vacant land, ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Austintown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.766816
    Latitude
    41.1261787

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    FAQs

    What type of property is this?
    Restaurant - 21.3 Acres, Vacant, High Visibility
    Where is this restaurant located?
    The property is located at - 21.3 acres Clarkins Dr Austintown, OH.
    What are key features of this property?
    This property features: 21.3-acre commercial land parcel in Austintown, OH.; Highly visible location on State Route 46 and Webb Road, with I-80 access.; Zoned for diverse commercial uses, including restaurants and hotels.
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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
    - 21.3 acres Clarkins Dr Austintown, OH 44515
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