Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Niles Vienna Rd Niles, OH 44446

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Niles Vienna Rd Niles, OH 44446

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

    Current Use by Public Records

    • Land

    Property Details for 0 Niles Vienna Rd

    Lot size
    10.25 lot acres
    Property type
    Land

    Description

    This exceptional 10.25-acre commercial land parcel presents a remarkable redevelopment opportunity in Niles, Ohio. Located on Niles Vienna Road, this property boasts 805 feet of road frontage, providing excellent visibility and accessibility. The property is zoned for commercial use, offering a wide range of development possibilities, including retail, office, medical facilities, or even residential projects. Its strategic location across from a nursing home and behind a Pizza Hut on Youngstown Warren Road (Route 422) ensures high traffic volume and strong potential for customer base. Niles utilities are readily available, and sewer access is conveniently located on Route 422 near the Pizza Hut or Nob Hill. The APN is 25-900324. This property is priced at $565,000 and presents a compelling investment opportunity for developers seeking a prime location with significant development potential in a thriving community. The property's size and location make it ideal for a variety of commercial ventures. Serious inquiries are encouraged.

    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
    Niles
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7092
    Latitude
    41.2056

    Comparable in this City

    • Value Estimation by Request
      184.00 Acres

      1590 Warren Ave

      Land • 184.00 Acres
      1590 Warren Ave, Niles, OH 44446
      View Details
    • Value Estimation by Request
      0.68 Acres

      Robbins Ave

      Land • 0.68 Acres
      0 Robbins Ave, Niles, OH 44446
      View Details
    • Value Estimation by Request
      6.90 Acres

      Youngstown Warren Rd

      Land • 6.90 Acres
      0 Youngstown Warren Rd, Niles, OH 44446
      View Details
    • Value Estimation by Request
      0.28 Acres

      Trumbull Dr

      Land • 0.28 Acres
      0 Trumbull Dr, Niles, OH 44446
      View Details
    • Value Estimation by Request
      0.11 Acres

      331 Langley St

      COMMERCIAL (GENERAL) • 0.11 Acres
      331 Langley St, Niles, OH 44446-2335
      View Details
    • Value Estimation by Request

      1775 Main St

      COMMERCIAL (GENERAL)
      1775 Main St, Niles, OH 44446-1277
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale, Niles, OH

      Land available for sale in Niles, Ohio.
      810 Nob Hill Dr, Niles, OH 44446
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Robbins Ave, Niles, OH 44446
      View Details
    • Contact for pricing

      Land Available in Niles, Ohio

      Land for sale at 995 Youngstown Warren Rd, Niles, OH.
      995 Youngstown Warren Rd, Niles, OH 44446
      View Details
    • Contact for pricing

      Commercial Land Opportunity

      Land suitable for QSR, car wash, gas station, or retail.
      630 Youngstown Warren Rd, Niles, OH 44446
      View Details
    • Contact for pricing
      0.10 Acres

      Residential Lots in Niles, Ohio

      Residential lots available for purchase in Niles, Ohio.
      Brecknock, Niles, OH 44446
      View Details
    • $30,000
      1.56 Acres

      Residential Land with Pole Barn

      1.56 acres of residential land featuring a pole barn.
      Niles, OH 44446
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      600,000 SF

      Warren Tech Park Land Opportunity

      Land available within Warren Tech Park for energy solutions.
      1590 Warren Ave, Niles, OH 44446
      View Details
    • Contact for pricing

      Commercial Land for Lease

      0.4 acre commercial land available for ground lease.
      940 Youngstown Warren Rd, Niles, OH 44446
      View Details
    • Contact for pricing

      Commercial Land with High Visibility

      Land with 70' frontage, high traffic, near schools.
      525 N Main St, Niles, OH 44446
      View Details
    • Contact for pricing

      Retail Space on High-Traffic Corner

      Retail space available on a high-traffic corner with signage.
      754 Youngstown Warren Rd, Niles, OH 44446
      View Details
    • Contact for pricing

      Office Space on US 422

      Office space for rent with high visibility on US 422.
      918 Youngstown Warren Rd, Niles, OH 44446
      View Details
    • $10 SF/Yr
      1,160 SF

      Retail Space on High-Traffic Corner

      1,160 SF retail space with private restroom and parking.
      754 Youngstown Warren Rd, Niles, OH 44446
      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.
    Niles Vienna Rd
    Niles, OH 44446
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!