220 Division St Youngstown, OH 44510
- Warehouses
- 3,200 SF
- 10.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 220 Division St
- Year built
- 2010
- Lot size
- 10.00 lot acres
- Property size
- 3,200 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 3,200 square foot warehouse, built in 2010, sits on a prime 10-acre lot in Youngstown, Ohio. The property boasts convenient rail capabilities and a desirable riverfront location bordering the Mahoning River. Its strategic position within a well-established industrial area places it in close proximity to major businesses including Vallourec Star, ACI Group, Coronado Steel, Metalico, Graybar Electric Supply, VAM USA, and Induction Professionals. The single-story building is zoned IU and features a flat topography, making it ideal for various industrial uses. This opportunity is further enhanced by its eligibility for New Market Tax Credits (NMTC) and its location within a newly designated Opportunity Zone, offering significant tax advantages for investors. The parcel ID is 53-096-0-132.01-0. The property is currently vacant and presents a unique chance to acquire a substantial industrial asset in a thriving industrial hub. Environmental attainment certifications include Eight-Hour Ozone, Particulate Matter (PM 2.5), Sulfur Dioxide (1-Hour SO2), and Lead. The asking price is $40,000 per acre. This represents a compelling investment opportunity with substantial potential for growth and return.
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
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6844
- Latitude
- 41.1238
