7095 Lockwood BlvdBoardman, OH 44512

  • Retail properties
  • 14,496 SF
For Sale
$110,000 View listing

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
7095 Lockwood Blvd, Boardman, Ohio
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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

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
$23,774
$102,330
$271,230
$373,560
-
$292,380
$774,940
$1,067,320

FAQs

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