624 Elm Rd Warren, OH 44483
- Specialty properties
- 0.23 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 624 Elm Rd
- Lot size
- 0.23 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This unique 0.226-acre commercial property in Warren, Ohio, presents a compelling investment opportunity. Situated near the corner of Elm and Woodland Roads, this lot offers significant potential for mixed-use development. Previously utilized as a used car lot, the property is ideally suited for a variety of retail businesses. The site includes a duplex building, each unit offering 1364 square feet of living space, arranged as one unit upstairs and one downstairs. The upstairs unit is currently occupied by a tenant until September. The property's convenient location at the intersection of Elm and Woodland Roads ensures high visibility and accessibility. With its versatile zoning and prime location, this property is perfect for an entrepreneur seeking a blend of residential and commercial income streams. The asking price is $209,900. This is a rare chance to acquire a property with significant upside potential in a thriving Ohio community. The absence of square footage data for the land itself reflects the focus on the development potential of the site. The existing duplex provides immediate income potential, while the land itself offers ample space for expansion or redevelopment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.8086
- Latitude
- 41.2421
