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    1250 Canfield Niles Rd Mineral Ridge, OH 44440

    Sponsored
    For Sale
    $1,500,000

    Prime Ohio location, high traffic, vacant land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial development site is strategically located at the Mineral Ridge Highway exit in Mineral Ridge, Ohio (44440), boasting over 541 feet of frontage along Canfield Niles Road (1250 N Canfield Niles Rd). The property is zoned for a variety of uses, including retail, hospitality, mixed-use, and QSR/fast food establishments, as well as gas stations. With a vacant status and an asking price of $1,500,000, this presents a unique opportunity for developers seeking high-visibility locations. The site benefits from exceptional traffic counts of 20,167 vehicles per day (VPD), as reported by ODOT TIMS. This high traffic volume is further enhanced by the presence of established businesses in the immediate vicinity, including Pilot, Sheetz, Travel Centers, Chipotle, Starbucks, and Dunkin'. While a separate self-storage property is available for sale, it is not included in this offering. This prime location offers significant potential for a variety of commercial developments. The property is sold as-is, with a NNN lease type and zero remaining lease term. The land is currently vacant and offers a blank canvas for a new commercial venture. This is a rare opportunity to acquire a highly visible and well-located development site in a thriving commercial area.

    Property Features for 1250 Canfield Niles Rd

    General Information

    Property type
    Automotive properties
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial development site for sale at the Mineral Ridge Highway exit in Mineral Ridge, OH (44440).
    • High‑traffic location with 20,167 VPD (ODOT TIMS).
    • Adjacent to Pilot, Sheetz, Travel Centers, Chipotle, Starbucks, and Dunkin'.
    • 541+ feet of frontage on Canfield Niles Road.
    • Separate self‑storage property available for separate sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    HVAC Service Daycare Center Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineral Ridge
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.76856899987
    Latitude
    41.129522029877

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    FAQs

    What type of property is this?
    Automotive property - Prime Ohio location, high traffic, vacant land.
    Where is this automotive property located?
    The property is located at 1250 Canfield Niles Rd Mineral Ridge, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 5-acre commercial development site for sale at the Mineral Ridge Highway exit in Mineral Ridge, OH (44440).; High-traffic location with 20,167 VPD (ODOT TIMS).; Adjacent to Pilot, Sheetz, Travel Centers, Chipotle, Starbucks, and Dunkin'.
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    Mineral Ridge, OH 44440
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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
    1250 Canfield Niles Rd Mineral Ridge, OH 44440
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