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Property profile & analytics

16 Madison St Leetonia, OH 44431-1160

  • Commercial real estate
  • 13,760 SF
  • 2.16 lot acres
OFF-MARKET
Last Sale
Oct 20, 2023
$250,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-1625624
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.

Current Use by Public Records

  • Boardman Auction Gallery / Trade Show Venue / (Bike/Boat/Book/etc) Store

Property Details for 16 Madison St

Year built
1976
Lot size
2.16 lot acres
Property size
13,760 SF
Property type
Commercial real estate
APN
58-00860-000
APU
5800860000

Description

This exceptional mixed-use property in Leetonia, Ohio presents a compelling investment opportunity. Spanning over 2.35 acres, the property comprises five buildings offering a total of 22,353 square feet of versatile space. Building #1, a substantial structure, features 5,500 square feet of climate-controlled retail space, 1,600 square feet of office space, five restrooms, and ample warehouse capacity. This building boasts two large warehouses, each with 18-foot ceilings, mezzanines, and 12-foot drive-in doors. One warehouse measures 60 x 60 feet, and the other is 58 x 48 feet. The building is also equipped with robust 600-amp, 3-phase electric service. Building #2 offers 5,857 square feet divided into four bays, each with its own electric meter. Access to these bays is provided by a combination of sliding bypass doors and overhead doors (10-foot and 8-foot). Building #3 provides 2,736 square feet of warehouse space, accessible via a 10-foot overhead door and a sliding bypass door. Utilities for this building are supplied from the main building. Finally, Buildings 4 and 5 are identical open-air structures, each measuring 152 feet by 36 feet, fully covered and enclosed with end walls. This property's expansive size, diverse building configurations, and prime Leetonia location offer endless possibilities for a variety of commercial uses. The substantial square footage and multiple access points make this an ideal property for businesses requiring significant storage, manufacturing, or retail space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Leetonia
County
Columbiana
State
Ohio
Longitude
-80.7572
Latitude
40.8761
CBSA code
41400
CBSA name
SALEM, OH MICROPOLITAN 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
$2,134
$19,250
$29,820
$49,070
-
$55,000
$85,200
$140,200
More about this property
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