Former Family Dollar Retail
4450 Mahoning Ave Austintown, OH 44515
4450 Mahoning Ave, Austintown, OH, 44515
Contact for pricing
For Sale
Contact for pricing
Retail building near Raccoon Rd and SR 11 available for sale.
Property Size8,320 SF
Price / SF$93.15
Days on Market765
Property Features for 4450 Mahoning Ave
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing Agency
Platz Realty Group
(330) 509-4546
Listed by
Gary Lasko · License #OH
Source
Crexi
Added: Jun 17, 2024 Updated: Jul 6 at 7:53 am Checked: Jul 19 at 9:45 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platz Realty Group
Investment Insights
Based on property information with market context.
This 8,320-square-foot retail building, formerly a Family Dollar, was constructed in 2015. The steel building is located just west of Raccoon Rd and close to SR 11. It presents an opportunity for an end user or investor. The property can be subdivided, and the resulting units rented individually.
Key Highlights
- Steel building constructed in 2015
- Suitable for end user or investor
- Opportunity to subdivide and rent units individually
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $6.00 |
| − Vacancy | −$12.5k | −$1.50 |
| EGI | $37.4k | $4.50 |
| − OpEx | −$11.2k | −$1.35 |
| NOI | $26.2k | $3.15 |
8,320 SF · lease $6.00/SF/yr · vacancy 25.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$374.4K
$327.6K – $436.8K
NOI $26,208 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building near Raccoon Rd and SR 11 available for sale.
Where is this retail space located?
The property is located at 4450 Mahoning Ave Austintown, OH.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Steel building constructed in 2015; Suitable for end user or investor; Opportunity to subdivide and rent units individually
