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    8420 Market St Youngstown, OH 44512

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    Youngstown, OH Mixed-Use Property - 0.5 Acres

    Property size:
    1,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.5-acre mixed-use property, located at 8420 Market Street in Youngstown, Ohio, presents a unique investment opportunity. The property boasts a convenient location with easy access to major roadways, including Route 224 and Interstate 680, ensuring high visibility and accessibility for any business. The existing structure on the site is a 1,616 square foot house, which offers flexibility to potential buyers. The house can be renovated, repurposed, or demolished to accommodate a new development, allowing for a wide range of possibilities. The property's zoning is designated as commercial, opening doors to a variety of uses. Its proximity to numerous retail establishments, hotels, restaurants, and medical facilities further enhances its appeal and potential for success. The lot size provides ample space for development or expansion, making it an ideal location for a variety of commercial ventures. The property is situated in Mahoning County, Ohio, with a zip code of 44512. The square footage of the existing building is estimated between 1,616 and 1,652 square feet. This prime location and versatile property offer significant potential for growth and return on investment. This is a rare opportunity to acquire a strategically located commercial property in a thriving area. Serious inquiries are encouraged.

    Property Features for 8420 Market St

    General Information

    Property type
    Land
    Square Feet
    1,616 SF
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre lot on Market Street with easy access to RT‑224 and I‑680.
    • Excellent location near major retail, hospitality, dining, and medical facilities.
    • Existing 1,616 SF house; demolition or renovation options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.662677498113
    Latitude
    40.994196750493

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    FAQs

    What type of property is this?
    Land - Youngstown, OH Mixed-Use Property - 0.5 Acres
    Where is this land located?
    The property is located at 8420 Market St Youngstown, OH.
    What are key features of this property?
    This property features: 0.5-acre lot on Market Street with easy access to RT-224 and I-680.; Excellent location near major retail, hospitality, dining, and medical facilities.; Existing 1,616 SF house; demolition or renovation options available.
    Request Owner's contact information
    8420 Market St Youngstown, OH 44512
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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
    8420 Market St Youngstown, OH 44512
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