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Property profile & analytics
OFF-MARKET Estimated value $775,000
Office buildings

139 Boardman St Youngstown, OH 44503-1828

22,060 SF 0.67 ac lot Built 1974
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US66-1164428
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, Class C office building totaling 21,122 square feet, situated in downtown Youngstown, Ohio. The property boasts a strong 8.50% capitalization rate and 100% occupancy, featuring two suites: Suite A (10,467 sq ft) and Suite B (11,655 sq ft). High-profile tenants include the Academy for Urban Scholars and Windstream Holdings, Inc., a Fortune 500 company. The building enjoys a highly visible corner location at the south end of Boardman Street, offering easy access and high visibility. Its strategic location provides convenient access to Interstates 80 and 680, as well as State Routes 62, 422, 193, and 711. The property's proximity to the Covelli Centre, Youngstown's premier sports and entertainment venue, further enhances its appeal. Adding to its value is the presence of a commercial standby generator on-site, ensuring business continuity. The asking price is $1,875,000. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location. The building is situated near three parking garages, ensuring ample parking for tenants and visitors. This property offers a compelling combination of strong occupancy, high yield, and a prime location, making it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 22,060 SF
Lot 0.67 ac (29,055 SF)
APN 53-016-0-145.00-0
UPID US66-1164428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$590k
Blend (final) Blend
$775k
Owner & transaction history
RBI PROPERTIES LLC
RBI PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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