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    5498 Webb Rd Youngstown, OH 44515

    For Sale
    $190,000

    2-Acre Development Site Near I-80

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Youngstown, Ohio. Strategically located at 5498 W Webb Rd, this corner lot boasts prominent frontage on State Route 46 and W Webb Rd, offering unparalleled visibility and accessibility. Its advantageous position is further enhanced by its proximity to the I-80 on/off ramp, ensuring convenient access for businesses and customers. The property is situated just north of Hollywood Gaming, benefiting from the high traffic volume and established commercial presence in the area. Currently, a pet grooming business occupies a portion of the land on a month-to-month lease, providing immediate potential rental income. The property is zoned B2, opening doors to a wide range of commercial development possibilities. This prime location, combined with its size and zoning, makes this a highly desirable site for investors seeking to capitalize on Youngstown's growing commercial market. The asking price is $190,000. This represents a compelling opportunity to acquire a well-positioned commercial property with significant development potential in a thriving area. Don't miss this chance to secure a valuable asset in a high-traffic location. The property's address is 5498 W Webb Rd, Youngstown, OH 44515, within Mahoning County.

    Property Features for 5498 Webb Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $190,000 asking price for 2 acres of commercial land.
    • B2 zoning.
    • Prime development site near I‑80 on/off ramp.
    • Located just north of Hollywood Gaming.
    • Corner lot with frontage on SR 46 and W Webb Rd.
    • Currently features a month‑to‑month tenant (pet groomer).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.768380806345
    Latitude
    41.129497355405

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    FAQs

    What type of property is this?
    Land - 2-Acre Development Site Near I-80
    Where is this land located?
    The property is located at 5498 Webb Rd Youngstown, OH.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: $190,000 asking price for 2 acres of commercial land.; B2 zoning.; Prime development site near I-80 on/off ramp.
    (740) 627-0431
    Request Owner's contact information
    5498 Webb Rd 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
    5498 Webb Rd Youngstown, OH 44515
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