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    648 Canfield-Niles Rd Youngstown, OH 44515

    For Sale
    $887,500

    Ohio commercial land near I-80 & casino.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 22-acre commercial property presents a unique investment opportunity in Austintown, Ohio. Ideally situated directly across from the Mahoning Valley Casino entrance and just 0.25 miles from Interstate I-80, this location offers unparalleled visibility and accessibility. The property boasts 22,500 vehicles per day on North Canfield Niles Road, ensuring high traffic volume. Currently zoned as land suitable for self-storage, senior living, or special purpose development, the site offers significant potential for a variety of commercial ventures. The expansive acreage also allows for large-scale development projects. Further enhancing its appeal, this property is located within an Enterprise Zone, providing lucrative tax advantages for developers. The asking price is $887,500. Additional acreage may be available for larger development opportunities. This is a rare chance to acquire a strategically located, high-traffic commercial parcel with substantial growth potential in a thriving area. The property is located at 648 S Canfield-Niles Rd, Austintown, OH 44515, in Mahoning County.

    Property Features for 648 Canfield-Niles Rd

    General Information

    Property type
    Retirement homes
    Lot Size
    304,920 SF

    HighLights

    • High‑traffic location with 22,500 vehicles per day on North Canfield Niles Road.
    • Excellent visibility directly across from the Mahoning Valley Casino entrance.
    • Convenient access to Interstate I‑80 (0.25 miles).
    • Expansion potential with additional acreage available for large‑scale development.
    • Enterprise Zone offering significant tax benefits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Map

    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.769705
    Latitude
    41.117921

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    FAQs

    What type of property is this?
    Retirement home - Ohio commercial land near I-80 & casino.
    Where is this retirement home located?
    The property is located at 648 Canfield-Niles Rd Youngstown, OH.
    What is the asking price?
    The asking price for this property is $887,500.
    What are key features of this property?
    This property features: High-traffic location with 22,500 vehicles per day on North Canfield Niles Road.; Excellent visibility directly across from the Mahoning Valley Casino entrance.; Convenient access to Interstate I-80 (0.25 miles).
    Request Owner's contact information
    648 Canfield-Niles Rd Youngstown, OH 44515
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    Youngstown, OH 44515
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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
    648 Canfield-Niles Rd Youngstown, OH 44515
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