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Property profile & analytics
FOR SALE
Commercial real estate
17679 Mahoning Ave Lake Milton, OH 44429
Individually Owned
4-yr Hold
Free & Clear
Property ID
US66-0301151
For Sale
1 / 8
Contact for pricing
17679 Mahoning Ave, Lake Milton, OH 44429
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Property summary
AI-generated overview
This exceptional 0.98-acre commercial land parcel, located at 17679 Mahoning Ave in Lake Milton, Ohio (44429), presents a unique redevelopment opportunity. The property, with APN 51-040-0-022, boasts a substantial 3,885 square foot building constructed in 1978, featuring two stories. Currently zoned for commercial use, this site is ideally suited for a variety of ventures. Its previous use as a Mexican restaurant suggests strong potential for food service establishments, though the possibilities are numerous. The property's location in Lake Milton offers excellent visibility and accessibility. A liquor license is available, adding further appeal to prospective buyers. The asking price for this prime commercial land is $395,000. This represents a compelling investment opportunity for those seeking to capitalize on the vibrant Lake Milton market. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is situated in Mahoning County.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
3,604 SF
Lot
0.98 ac (42,863 SF)
APN
51-040-0-022.00-0
UPID
US66-0301151
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kap Leasing Ltd · 4 yrs held
Kap Leasing Ltd
since 2021
Last sale
$200,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Milton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,969
Tax year 2023
Assessed value
$34,300
Assessed 2023
Previous assessed
$55,770
-38.5% YoY
Effective rate
5.74%
On assessed value
Assessed land
$29,330
Assessed improvement
$4,970
Land market value
$83,800
Improvement market value
$14,200
Total market value
$98,000
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1900
Heating
NONE
Stories
1
Total area
3,604 SF
Lot
0.98 ac (42,863 SF)
APN
51-040-0-022.00-0
UPID
US66-0301151
Jurisdiction
MAHONING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Kap Leasing Ltd
Individual
Free & Clear · 4 yrs held
Mailing address
3600 YOUNGSTOWN RD SE, WARREN, OH 44484-2831
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
$200,000
Kap Leasing Ltd
David M Miller
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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