Property profile

220 Division St Youngstown, OH 44510

OFF-MARKET
Warehouses
3,200 SF 10 ac lot Built 2010
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2010
Total area 3,200 SF
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

220 Division St Youngstown, OH 44510
Youngstown 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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