Property profile

1737 Salt Springs Rd Mineral Ridge, OH 44440

OFF-MARKET
Warehouses
5,744 SF 2.75 ac lot Built 1952
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Property summary

AI-generated overview

This exceptional industrial property, located at 1737 Salt Springs Rd in Mineral Ridge, Ohio (44440), presents a unique investment opportunity. Priced at $149,000, this offering encompasses a 2.75-acre lot featuring three buildings totaling 5,744 square feet. The property is classified as a Class B industrial space with single tenancy. Construction dates back to 1952, and the buildings are two stories high. The main structure boasts a 48x40 foot footprint, including a 100AMP electric service, two 16-foot doors, an office area, a partial loft for storage, and a concrete floor. The roof is only three years old. A second building, measuring 40x30 feet, offers a gravel floor and electric service, previously used for machinery storage. While the property does not have direct frontage on Salt Springs Road, an easement ensures convenient access. The property's history includes use as an excavating company. This versatile property is ideal for a variety of industrial or storage uses. The APN is 21-448646-546893. This is a rare opportunity to acquire a substantial industrial property in Trumbull County, Ohio at an attractive price point.

Property profile

Verified
Property type Warehouses
Year built 1952
Total area 5,744 SF
Lot 2.75 ac (119,790 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1737 Salt Springs Rd Mineral Ridge, OH 44440
Mineral Ridge metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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