4242 Boardman-Canfield Rd Canfield, OH 44406
This exceptional 12.35-acre commercial property, located at 4242 Boardman-Canfield Road in Canfield, Ohio (44406), presents a remarkable development opportunity. The property boasts 5,880 square feet of existing retail space, situated within a thriving business district (Business District zoning). Its strategic location offers unparalleled visibility and accessibility. Less than one mile from the Route 11 interchange, the property benefits from a signalized intersection entrance, ensuring convenient ingress and egress. The site enjoys exceptional visibility from I-76, maximizing exposure to a large volume of traffic. Furthermore, its proximity to Westford Center, a bustling commercial hub featuring establishments such as Kensington Golf, Courtyard by Marriott, and Panera Bread, provides immediate access to a strong customer base. The asking price for this prime development opportunity is $2,400,000. Annual real estate taxes are $18,959. The property's APN is 26-068-0-033. This is a rare chance to acquire a significant commercial parcel in a high-growth area of Mahoning County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.