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    421 Hall St Warren, OH 44483

    Sponsored
    For Sale
    $75,000

    High-yield income property with warehouse.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity in Warren, Ohio, presents a unique blend of income-generating potential and versatile storage space. The property encompasses a 0.076-acre lot featuring a 607-square-foot warehouse building situated at 421 Hall Street NW, 44483. A significant advantage is the inclusion of a separate rental property located at 417 Hall Avenue. This residential unit boasts 1360 square feet, three bedrooms, and one and a half bathrooms, currently generating a monthly rental income of $850. The properties share a convenient driveway, enhancing accessibility and operational efficiency. The asking price for this combined offering is $75,000, presenting a compelling opportunity for investors seeking a diversified portfolio with immediate income and substantial storage capabilities. The warehouse provides ample space for storage or potential business operations, complementing the consistent rental income from the residential property. This package offers a rare chance to acquire a turnkey investment with both short-term and long-term growth potential in a desirable location. The property is zoned for commercial use and is conveniently located in Warren, Ohio. This is an ideal investment for those seeking a blend of income generation and practical storage solutions.

    Property Features for 421 Hall St

    General Information

    Property type
    Land
    Lot Size
    3,311 SF

    HighLights

    • Exceptional Warren, OH investment opportunity: 0.076‑acre lot with 607 sq ft warehouse at 421 Hall St NW, 44483.
    • Includes a separate 1,360 sq ft, 3 bed/1.5 bath residential rental property at 417 Hall Ave generating $850/month.
    • Shared driveway enhances accessibility.
    • $75,000 asking price offers diversified income and storage.
    • Commercial zoning in desirable Warren, OH location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.8215143
    Latitude
    41.2493713

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    FAQs

    What type of property is this?
    Land - High-yield income property with warehouse.
    Where is this land located?
    The property is located at 421 Hall St Warren, OH.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Exceptional Warren, OH investment opportunity: 0.076-acre lot with 607 sq ft warehouse at 421 Hall St NW, 44483.; Includes a separate 1,360 sq ft, 3 bed/1.5 bath residential rental property at 417 Hall Ave generating $850/month.; Shared driveway enhances accessibility.
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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
    421 Hall St Warren, OH 44483
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