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    1849 Niles Cortland Rd Warren, OH 44484

    Sponsored
    For Sale
    $3,390,000

    9 Acres, High-Traffic Location, $3.39M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9-acre commercial land parcel presents a unique development opportunity in Howland, Ohio. Strategically located on Niles Cortland Road (SR 46), it boasts over 700 feet of frontage and enjoys unparalleled visibility due to its proximity to the Eastwood Mall Complex (a 1,600,000 square foot shopping center). The site's advantageous position places it within close reach of major retailers including Bass Pro Shops, Meijer, Best Buy, Texas Roadhouse, Chick-fil-A, Aldi, Dillards, Five Guys, Chipotle, and Starbucks, ensuring high traffic volume and strong consumer demographics. The property is zoned CRD2, offering flexibility for a variety of commercial developments. Its location less than one mile from Route 82 further enhances its accessibility and appeal. This exceptional site is ideal for developers seeking a high-impact location with significant potential for return on investment. The property is situated at 1849 Niles Cortland Rd SE, Warren, OH 44484, and is conveniently located near the intersection of SR 46 and Hidden Hills Drive. The asking price for this prime development opportunity is $3,390,000.

    Property Features for 1849 Niles Cortland Rd

    General Information

    Property type
    Land
    Lot Size
    392,040 SF
    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
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.740399599376
    Latitude
    41.218304730991

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    FAQs

    What type of property is this?
    Land - 9 Acres, High-Traffic Location, $3.39M
    Where is this land located?
    The property is located at 1849 Niles Cortland Rd Warren, OH.
    What is the asking price?
    The asking price for this property is $3,390,000.
    Request Owner's contact information
    1849 Niles Cortland Rd Warren, OH 44484
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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
    1849 Niles Cortland Rd Warren, OH 44484
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