822 Western Reserve RdBoardman, OH 44514

  • Healthcare properties
  • 4,752 SF
For Lease

Property Details for 822 Western Reserve Rd

Year built
2000
Property size (Sq ft)
4,752 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
29-048-0-029.01-0
APU
290480029010

Description

This exceptional Class A office condominium, located at 822 E Western Reserve Rd in Boardman, Ohio, presents a rare opportunity. The property boasts a total of 4,800 square feet, spread across two stories, and is divisible into two suites. Each suite offers a minimum of 2,175 square feet, with a maximum contiguous space of 4,135 square feet, providing flexibility for various business needs. The building features a fully finished basement, adding significant usable space. Its convenient location on Western Reserve Road, near the intersection of South Avenue and the I-680 on/off ramp, ensures excellent accessibility and high visibility. Situated in a professional setting, this updated office space offers a sophisticated and productive work environment. The property is ideally suited for businesses seeking a modern, well-maintained, and strategically located office space in the desirable Boardman area. The zip code is 44514. This is a multi-tenant building with two suites available.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $903,722
    6.5%
    $834,205
    7%
    $774,619
  • Comparable approach

    Method
    Valuation
    Relative Method
    $444,502
    Geo Method
    $444,502
  • Alternative Use

    Use
    Valuation
    Residential
    $1,034,414
    Hospitality
    $947,517
    Educational
    $788,323
    Medical
    $815,435
    Retail
    $1,226,281
822 Western Reserve Rd, Boardman, Ohio
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Location Insight

City
Poland
County
Mahoning
State
Ohio
Latitude
40.9883
Longitude
-80.638
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
$14,842
$40
$215,590
$215,630
-
$100
$615,960
$616,060

FAQs

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