Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Western Reserve Rd Youngstown, OH 44514
    Back to Search
    Property profile & analytics

    Western Reserve Rd, Youngstown, OH 44514

    View on Map
    • Land
    • 4.35 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Western Reserve Rd

    Lot size
    4.35 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4.35-acre parcel presents a remarkable opportunity for commercial or industrial development. Strategically located in Boardman Township, Mahoning County, Ohio, this property boasts significant frontage on both Southern Boulevard and East Western Reserve Road, ensuring high visibility and accessibility. The land is zoned for both Industrial and General Business uses, offering considerable flexibility for a wide range of projects. Convenient access to city water and sewer services is readily available at the street, simplifying infrastructure needs. Furthermore, the property benefits from direct railroad access along Southern Boulevard, providing an additional logistical advantage for businesses requiring rail transport. The high volume of daytime traffic along these major roadways guarantees substantial exposure for any development. The property's address is E Western Reserve Rd, Boardman, OH 44514. This prime location, coupled with its versatile zoning and convenient infrastructure, makes this a truly exceptional investment opportunity. The asking price for this significant land parcel is $1,300,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.6509
    Latitude
    40.9879

    Comparable in this City

    • Value Estimation by Request

      Crossroad Dr

      Land
      0 Crossroad Dr, Poland, OH 44514
      View Details
    • Value Estimation by Request
      9.90 Acres

      South Ave

      Land
      0 South Ave, Poland, OH 44514
      View Details
    • Value Estimation
      $510,000
      9,746 SF

      7640 Youngstown Pittsburgh Rd

      INDUSTRIAL (GENERAL)
      7640 Youngstown Pittsburgh Rd, Poland, OH 44514-2522
      View Details
    • Value Estimation by Request
      2.88 Acres

      1195 Western Reserve Rd

      Land
      1195 Western Reserve Rd, Poland, OH 44514
      View Details
    • Value Estimation by Request
      15,000 SF

      8525 South Ave

      Distribution properties
      8525 South Ave, Youngstown, OH 44514
      View Details
    • Value Estimation by Request
      5,040 SF

      590 Western Reserve Rd Bldg 9a

      MINI-WAREHOUSE, STORAGE
      590 Western Reserve Rd Bldg 9a, Youngstown, OH 44514-3389
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Undeveloped Land Parcel For Sale

      49-acre undeveloped land parcel with endless development potential.
      3810 Center Rd, Youngstown, OH 44514
      View Details
    • $85,000

      Land For Sale Youngstown

      Land available for sale in Youngstown, Ohio.
      8129 South Ave, Youngstown, OH 44514
      View Details
    • Contact for pricing

      Land For Sale Poland, OH

      Land available for purchase in Poland, Ohio.
      859 E Western Reserve Rd, Poland, OH 44514
      View Details
    • $229,500
      13.08 Acres

      Vacant Land in Poland, Ohio

      13 acres of vacant land with development potential.
      Struthers Rd, Poland, OH 44514
      View Details
    • Contact for pricing
      15,000 SF

      15,000 SF Industrial Warehouse

      15,000 SF warehouse with conversion potential in Youngstown, OH.
      8525 South Ave, Youngstown, OH 44514
      View Details
    • $325,000
      2.58 Acres

      Youngstown Commercial Land For Sale

      2.5-acre commercial lot with high visibility and easy access.
      W Western Reserve Rd, Youngstown, OH 44514
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      6,000 SF Warehouse Space

      Warehouse space with two drive-in doors and easy access.
      4428 Center Rd, Youngstown, OH 44514
      View Details
    • Contact for pricing
      3,772 SF

      Retail Space in High-Traffic Area

      Retail space in Boardman, close to major retailers.
      7375 South Ave, Youngstown, OH 44514
      View Details
    • Contact for pricing
      3,650 SF

      Medical Office Space Available

      Move-in ready medical office space near I-680/US 224 interchange.
      7067 Tiffany Blvd, Youngstown, OH 44514
      View Details
    • Contact for pricing
      1,510 SF

      Grocery Anchored Retail Space

      Retail space in a well-located, high-traffic shopping center.
      1200 Doral Dr, Youngstown, OH 44514
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for lease.
      1135 W Western Reserve Rd, Poland, OH 44514
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available for lease in Boardman, Ohio.
      1150-1300 Doral Dr, Boardman, OH 44514
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Western Reserve Rd
    Youngstown, OH 44514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Western Reserve Rd, Youngstown, OH, 44514
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!