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Property profile & analytics

3581 Elm Rd Warren, OH 44483

  • Turn key restaurants
  • 5,447 SF
  • 2.35 lot acres
Value Estimation
$560,000
Last Sale
Dec 27, 2022
$553,036
Location Intelligence
Property ID
US66-1636379
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 3581 Elm Rd

Year built
1987
Lot size
2.35 lot acres
Property size
5,447 SF
Property type
Turn key restaurants
APN
28-901164
APU
28901164

Description

This exceptional 2.35-acre redevelopment site presents a unique investment opportunity in a thriving Warren, Ohio location. Situated on Elm Road Northeast, this single-tenant property boasts a high-traffic count exceeding 21,000 vehicles daily. The site is ideally positioned along a major retail corridor with convenient access to Ohio State Route 82, ensuring excellent visibility and accessibility for potential businesses. The property's zoning allows for retail, restaurant, or land development uses, offering considerable flexibility for future development. Warren, the county seat of Trumbull County, Ohio, has a population of approximately 39,000 residents, providing a substantial customer base. The area is anchored by a strong concentration of nationally recognized retailers, including Walmart, ALDI, Menards, Tractor Supply, Chipotle Mexican Grill, Wendy's, Panera Bread, and Dunkin', creating a vibrant and attractive retail environment. This property offers significant potential for developers seeking a high-visibility location with established infrastructure and a proven track record of retail success. The site's size and location make it an ideal candidate for a variety of commercial developments, catering to the needs of the local community and the surrounding area. This is a rare opportunity to acquire a prime piece of commercial real estate in a rapidly growing market. The property is classified as retail, land, and restaurant use, and is a freestanding, single-tenant site. The address is 3581 Elm Rd NE, Warren, OH 44483.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $545,000
  • CAP approach

    CAP return
    Estimation
    6%
    $585,000
    6.5%
    $595,000
    7%
    $605,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $610,000
    Geo Method
    $665,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $570,000
    Retail
    $575,000
    Mixed-Use
    $665,000
    Hospitality
    $555,000
    Educational
    $610,000
    Residential Income
    $620,000
    Energy
    $545,000
    Income-Based Land
    $605,000
    Food Service
    $505,000

Location Insight

  • Map
  • Local Demand
City
Warren
County
Trumbull
State
Ohio
Longitude
-80.7832
Latitude
41.2676
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,590
$145,430
$45,610
$191,040
-
$415,500
$130,300
$545,800
More about this property
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