7095 Lockwood BlvdBoardman, OH 44512
- Retail properties
- 14,496 SF
Property Details for 7095 Lockwood Blvd
- Year built
- 1981
- Lot size
- 1.68 AC
- Property size (Sq ft)
- 14,496 SF
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 32-090-0-021.01-0
- APU
- 320900021010
Description
This exceptional business opportunity presents a well-established dry cleaning establishment located at 7095 Lockwood Boulevard in Boardman, Ohio. The property sits on a sizable 1.68-acre lot, offering ample space for operations and potential expansion. The sale includes the ongoing business, its existing equipment, and the associated goodwill. This is a turnkey operation ideal for an experienced entrepreneur looking to acquire an already profitable venture or for someone seeking to enter the dry cleaning industry. The business is currently operational and generating revenue, providing a solid foundation for future growth. Financial details are available upon request to qualified buyers. This is a rare opportunity to own a well-positioned business in a desirable location. The property's size allows for flexibility and potential future development, depending on the buyer's vision. Serious inquiries only. All interested parties should be prepared to provide proof of financial capability to purchase the business. The sale price is $110,000. Further details regarding the business's financial performance and operational aspects will be disclosed during the due diligence process. This is a unique chance to acquire a profitable and established business in a thriving community. Don't miss this opportunity to own your own dry cleaning business.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,052,507
- 6.5%
- $3,740,776
- 7%
- $3,473,578
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,417,009
- Geo Method
- $3,417,009
-
Alternative Use
- Use
- Valuation
- Residential
- $3,155,484
- Hospitality
- $2,890,407
- Educational
- $2,404,784
- Medical
- $2,487,489
- Retail
- $3,740,776








Location Insight
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Latitude
- 41.0257
- Longitude
- -80.7098
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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