7880 Market StBoardman, OH 44512

Property Details for 7880 Market St

Year built

1990

Lot size

9.49 AC

Property size (Sq ft)

14,370 SF

Property type

Retail properties

Property subtype

Auto shops

APN

29-093-0-002.00-0

APU

290930002000

Description

This exceptional 8.2-acre commercial land parcel presents a unique investment opportunity in Boardman, Ohio. Located at 7880 Market Street, this property boasts 700 feet of frontage on a five-lane road with a dedicated turning lane, ensuring excellent visibility and accessibility. The site is conveniently situated just half a mile south of Southern Park Mall and near Boardman High School, benefiting from high traffic counts and proximity to a major retail center and established residential areas. All utilities are readily available on-site, simplifying development plans. The property's zoning permits commercial use, and it's already approved for liquor sales, opening up a wide range of potential development options. Its strategic location provides superb access to neighboring communities and major roadways, including the Ohio and Pennsylvania Turnpikes, making it an ideal location for a variety of businesses. The APN is 29-093-0-002. This property offers significant potential for investors seeking a high-traffic, well-located site in a thriving Ohio market. The exceptional access and visibility make this an outstanding opportunity for a variety of commercial ventures. Don't miss this chance to acquire this prime commercial land parcel in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,017,283

  6.5%

  $3,708,261

  7%

  $3,443,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,387,308

  Geo Method

  $3,387,308

• Alternative Use

  Use

  Valuation

  Residential

  $3,128,057

  Hospitality

  $2,865,283

  Educational

  $2,383,882

  Medical

  $2,465,868

  Retail

  $3,708,261

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.0084

Longitude

-80.664

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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