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    1514 Gypsy Ln Youngstown, OH 44505

    For Sale
    $235,000

    Mixed-use, 1.86 acres, high potential

    Property size:
    1,344 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional redevelopment opportunity in Youngstown, Ohio, presents 1.86 acres of commercially zoned land, ideal for a variety of uses. The property includes two parcels: a 0.5-acre lot featuring a three-bedroom house on Gypsy Lane, conveniently located near the DOY credit union, Belmont Avenue, and the 711 connector; and a contiguous 1.36-acre rear parcel accessible from Crumrine Street off Belmont Avenue. The Gypsy Lane parcel boasts 60 feet of frontage and 357 feet of depth, while the Crumrine Street parcel offers 365 feet of frontage and 161 feet of depth. The combined property offers significant development potential, with its prime location and ample space making it suitable for a flex warehouse, or other commercial ventures. The existing structures, including a 1,344 square foot, two-story, 1935-built building, could be repurposed or removed to accommodate new construction. The property's APN numbers are 12-275100 and 12-12820. This vacant property is listed at $235,000, or $174.85 per square foot. Don't miss this chance to acquire a highly desirable development site in a growing area.

    Property Features for 1514 Gypsy Ln

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,344 SF
    Lot Size
    81,022 SF

    Building Details

    Year Built
    1935
    Buildings
    1
    Stories
    2

    HighLights

    • $235,000 asking price for a redevelopment opportunity in Youngstown, OH.
    • 1,344 square feet, 2‑story building on a 1.86‑acre lot.
    • Property includes a three‑bedroom house and offers commercial zoning.
    • Located near Belmont Avenue and the 711 connector, with excellent access.
    • Ideal for flex warehouse or other commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.66749355909
    Latitude
    41.133611116411

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    FAQs

    What type of property is this?
    Multifamily property - Mixed-use, 1.86 acres, high potential
    Where is this multifamily property located?
    The property is located at 1514 Gypsy Ln Youngstown, OH.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: $235,000 asking price for a redevelopment opportunity in Youngstown, OH.; 1,344 square feet, 2-story building on a 1.86-acre lot.; Property includes a three-bedroom house and offers commercial zoning.
    Request Owner's contact information
    1514 Gypsy Ln Youngstown, OH 44505
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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
    1514 Gypsy Ln Youngstown, OH 44505
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