Property profile

1340 Belmont Ave Youngstown, OH 44504

FOR LEASE
Medical Office Space
Property ID
US66-1320578
22,110 SF 1.4 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant medical office building, located at 1340 Belmont Avenue in Youngstown, Ohio, presents a unique investment opportunity. The property boasts a substantial 2,505 square feet of first-floor space, ideally suited for a variety of medical practices, particularly dentistry. Constructed in 1950 and renovated in 1997, the building is classified as Class B and sits on a generous 1.4-acre lot. The convenient location offers easy access for patients and staff, situated just a short distance from Mercy Health Main Hospital. Ample on-site parking is provided with 77 spaces, ensuring convenience for patients and staff. The property is zoned MU-C and features a single-story building. The building's Property Identification Number (APN) is 53-079-0-523.00-0, and it is located in Mahoning County, Ohio, with a zip code of 44504. The potential for expansion exists, with the possibility of combining units and accessing additional space within the building. This property offers a blend of established infrastructure and convenient location, making it an attractive option for medical professionals seeking a well-maintained and accessible office space.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Total area 22,110 SF
Lot 1.4 ac (61,158 SF)
APN 53-079-0-523.00-0
UPID US66-1320578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Physician
  • Medical Laboratory
  • Medical Group

Location

1340 Belmont Ave Youngstown, OH 44504
Youngstown metro Census 814000 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.28M

Owner & transaction history

since 2022
Last sale
$2.3M
4 recorded transactions
2026
Price N/A
2022
$2.3M
2019
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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