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1560 Parkman Rd NW Warren, OH 44485
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1560 Parkman Rd NW Warren, OH 44485


  • Outlet malls
  • 11,388 SF
  • 0.81 lot acres
1560 Parkman Rd NW, Warren, OH 44485 For Sale
Contact for pricing
11,267 SF

1560 Parkman Rd NW, Warren, OH 44485

Former drug store suitable for retail, medical, or restaurant concepts.

1560 Parkman Rd NW, Warren, OH 44485
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Property ID
US66-2174772
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Rite Aid Pharmacy / Pharmacy
  • Rite Aid / Pharmacy
  • Amazon Locker - Aera / Courier Service / Postal Service
  • Lakshmi Padmanabhan / Pharmacy
  • Coinhub Bitcoin ATM Teller / Atm

Property Details for 1560 Parkman Rd NW

Year built
1999
Lot size
0.81 lot acres
Property size
11,388 SF
Property type
Outlet malls
Property subtype
Shopping centers
APN
39-063912
APU
39063912

Description

This exceptional 11,267 square foot retail space, formerly occupied by Rite Aid, is available for lease in Warren, Ohio. Located at 1560 Parkman Rd NW, this single-tenant property boasts high visibility and excellent accessibility, situated on a sizable 1.53-acre lot. The building's substantial size offers ample opportunity for a variety of retail uses. The entire space is currently vacant, presenting a blank canvas for a new tenant to customize and develop. The property is situated in Trumbull County, Ohio, and benefits from its strategic location within the Warren community, offering convenient access to major roadways and a strong customer base. The address is 1560 Parkman Rd NW, Warren, OH 44485. This is a rare opportunity to secure a significant retail presence in a thriving market. The property's size and location make it ideal for a large-format retailer or a business requiring substantial space. The ample parking available on the 1.53-acre lot ensures convenient customer access. This property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire for further details and leasing information.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,330,000
    ML approach
    $2,255,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,835,000
    6.5%
    $1,690,000
    7%
    $1,570,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,284,000
    Market price range: $277k - $1.28M
    AI Estimate
    $1,964,000
    Market price range: $445k - $1.96M
  • Alternative Use

    Use
    Estimation
    MEDICAL BUILDING
    $1,220,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Warren
County
Trumbull
State
Ohio
Longitude
-80.8425
Latitude
41.2447
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
$26,641
$123,480
$287,770
$411,250
-
$352,800
$822,200
$1,175,000
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