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    5502 Mahoning Ave Youngstown, OH 44515

    Sponsored
    For Sale
    $1,250,000

    .8-acre corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .8-acre commercial land parcel presents a unique redevelopment opportunity in Austintown, Ohio. Located at 5502 Mahoning Avenue, this property boasts a highly visible corner location at the intersection of Mahoning Avenue and State Route 46 (Canfield Niles Road). Its B2 Business zoning allows for a variety of commercial uses, making it particularly well-suited for fast-food restaurants, coffee shops, or similar businesses. The property's strategic location offers excellent accessibility and high traffic volume, situated just west of State Route 11 and south of Interstate 80, placing it in close proximity to the Hollywood Racetrack and Gaming. The asking price is $1,250,000. The parcel's APN is 48-029-0-034, and it is situated within Mahoning County, Ohio, with a zip code of 44515. This is a rare opportunity to acquire a prime commercial lot in a thriving area with significant development potential. The property's size and location make it an attractive investment for businesses seeking high visibility and convenient access to major transportation routes.

    Property Features for 5502 Mahoning Ave

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • .8‑acre commercial lot at the highly visible corner of Mahoning Ave and SR 46 (Canfield Niles Rd).
    • Prime location just west of SR 11 and south of I‑80, near Hollywood Racetrack and Gaming.
    • B2 zoning ideal for fast‑food restaurants, coffee shops, and similar businesses.
    • $1,250,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fast Trac BP Grocery Store bp Gas Station ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.7643519
    Latitude
    41.0999475

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    FAQs

    What type of property is this?
    Land - .8-acre corner lot, ideal for development.
    Where is this land located?
    The property is located at 5502 Mahoning Ave Youngstown, OH.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: .8-acre commercial lot at the highly visible corner of Mahoning Ave and SR 46 (Canfield Niles Rd).; Prime location just west of SR 11 and south of I-80, near Hollywood Racetrack and Gaming.; B2 zoning ideal for fast-food restaurants, coffee shops, and similar businesses.
    (330) 509-4546
    Request Owner's contact information
    5502 Mahoning Ave Youngstown, OH 44515
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    Youngstown, OH 44515
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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
    5502 Mahoning Ave Youngstown, OH 44515
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