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    3860 Elm Rd Warren, OH 44483

    For Sale
    $475,000

    0.6-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.6-acre commercial land parcel presents a unique investment opportunity in Warren, Ohio. Strategically positioned at a traffic light intersection on Elm Rd NE, between a BP gas station and Perkins Restaurant, this property enjoys high visibility and accessibility. Its location directly across from a Menards and adjacent to a Perkins Restaurant ensures consistent high traffic flow, maximizing exposure for any commercial development. The property's proximity to the Route 82 on/off ramp further enhances its convenience and accessibility for customers and employees. The lot's size offers ample space for a variety of commercial ventures, making it an ideal site for businesses seeking a prominent location with strong foot and vehicle traffic. Situated in Trumbull County, Ohio, with the address 3860 Elm Rd NE, Warren, OH 44483, this property is ready for development and represents a compelling investment opportunity in a thriving commercial area. The asking price is $475,000.

    Property Features for 3860 Elm Rd

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • $475,000 asking price.
    • 0.6‑acre commercial land parcel.
    • High‑traffic corner lot at Elm Rd and Blair Dr NE in Warren, OH.
    • Excellent visibility; located between BP and Perkins, across from Menards, and near Family Farm Home.
    • Convenient access to Route 82 on/off ramp.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    bp Convenience Store Uni-Mart Convenience Store Sunoco Gas Station

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.779495984021
    Latitude
    41.272074101283

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    FAQs

    What type of property is this?
    Land - 0.6-acre lot, prime commercial location.
    Where is this land located?
    The property is located at 3860 Elm Rd Warren, OH.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; 0.6-acre commercial land parcel.; High-traffic corner lot at Elm Rd and Blair Dr NE in Warren, OH.
    Request Owner's contact information
    3860 Elm Rd Warren, OH 44483
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    Warren, OH 44483
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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
    3860 Elm Rd Warren, OH 44483
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