2485 Parkman Rd Warren, OH 44485
- Outlet malls
- 93,734 SF
- 6.68 lot acres
Current Use by Public Records
- Kmart / Discount Supermarket
- Kevin Busefink / Pharmacy
- Stephanie Miglets / Pharmacy
Property Details for 2485 Parkman Rd
- Year built
- 1980
- Lot size
- 6.68 lot acres
- Property size
- 93,734 SF
- Property type
- Outlet malls
- APN
- 39-568862
- APU
- 39568862
Description
This exceptional 0.85-acre outlot in Warren, Ohio, presents a prime retail investment opportunity. Located at 2485 Parkman Rd NW, 44485, this property offers flexible space ranging from 710 to 12,636 square feet, ideal for a variety of retail uses. The site benefits from high visibility and accessibility on State Route 422, with prominent placement on a large pylon sign. The property is situated within the thriving Trumbull Plaza shopping center, anchored by established businesses including Dollar Tree, Sparkle Market, Metro by T-Mobile, and Little Caesar's Pizza. A new Rural King is also planned for the center, further enhancing the area's retail draw. The current landlord is committed to revitalizing the entire shopping center with planned exterior improvements, ensuring a modern and attractive environment for tenants and customers. This is a rare chance to secure a well-located retail space in a growing commercial area with significant potential for success. The property's size and location make it suitable for a variety of retail concepts, offering a unique opportunity for businesses seeking high visibility and strong foot traffic. The flexible square footage allows for customization to meet specific business needs. Don't miss this chance to establish your business in a vibrant and expanding retail hub.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $900,000
- 6.5%
- $1,000,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $895,000
- Geo Method
- $945,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $850,000
- Retail
- $825,000
- Mixed-Use
- $900,000
- Hospitality
- $975,000
- Educational
- $900,000
- Residential Income
- $860,000
- Energy
- $935,000
- Income-Based Land
- $880,000
- Food Service
- $985,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.8566
- Latitude
- 41.2502
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
