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    850 Wick Ave Youngstown, OH 44505

    Sponsored
    For Sale
    $715,000

    0.43-acre lot, owner financing available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.43-acre commercial land parcel, located at 850 Wick Avenue in Youngstown, Ohio (zip code 44505), presents a unique investment opportunity. The property is zoned for mixed-use development and boasts a strategic location within Youngstown's revitalization zone. Currently, an over 11,000 square foot auto body shop occupies the site, complete with a full paint booth and frame straightening machines. This existing structure offers immediate income potential or redevelopment possibilities. The property includes a large fenced parking lot, providing ample space for customers or employees. The asking price is $715,000, and owner financing is available, making this an attractive proposition for buyers seeking flexible payment options. The property's address is 850 Wick Avenue, situated in Mahoning County, Ohio. Its central location within Youngstown's redevelopment area makes it an ideal site for a variety of commercial ventures. The substantial size of the existing building and the ample parking provide significant advantages for potential investors or business owners. This is a rare opportunity to acquire a sizable commercial property in a rapidly growing area. An additional lot is also available for purchase, expanding the potential development footprint. This property is listed as "Special Purpose, Land" and is classified as "Commercial, Other".

    Property Features for 850 Wick Ave

    General Information

    Property type
    Land
    Lot Size
    18,905 SF

    HighLights

    • 0.43‑acre mixed‑use commercial lot at 850 Wick Avenue, Youngstown, OH 44505.
    • 11,000+ sq ft auto body shop with paint booth and frame equipment provides immediate income or redevelopment potential.
    • Large fenced parking lot.
    • Asking price: $715,000 with owner financing available.
    • Adjacent lot also available for purchase.
    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 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
    -80.6413845
    Latitude
    41.1121283

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    FAQs

    What type of property is this?
    Land - 0.43-acre lot, owner financing available
    Where is this land located?
    The property is located at 850 Wick Ave Youngstown, OH.
    What is the asking price?
    The asking price for this property is $715,000.
    What are key features of this property?
    This property features: 0.43-acre mixed-use commercial lot at 850 Wick Avenue, Youngstown, OH 44505.; 11,000+ sq ft auto body shop with paint booth and frame equipment provides immediate income or redevelopment potential.; Large fenced parking lot.
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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
    850 Wick Ave Youngstown, OH 44505
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