1900 Hubbard Rd Youngstown, OH 44505
- Outlet malls
- 18,984 SF
- 4.96 lot acres
Current Use by Public Records
- Summit Polymers Youngstown / Recycling Center / Polymer Supplier
Property Details for 1900 Hubbard Rd
- Year built
- 1928
- Lot size
- 4.96 lot acres
- Property size
- 18,984 SF
- Property type
- Outlet malls
- APN
- 53-085-0-070.00-0
- APU
- 530850070000
Description
This exceptional investment opportunity presents a fully occupied, 46,000-square-foot industrial warehouse located at 1900 Hubbard Rd, Youngstown, OH 44505. The property, built in 1928 and extensively renovated in 1998, sits on a generous 4.95-acre lot and is zoned for industrial use. The single-tenant building boasts a net lease structure, offering a strong, consistent income stream. Features include one loading dock and five drive-in doors, facilitating efficient loading and unloading. The interior features a 7-16 foot average ceiling height and a typical column spacing of 16' x 16'. The warehouse is a 1-2 story building with a walkout lower level, providing ample storage and operational space. The property is fully sprinklered, ensuring optimal safety and compliance. This is a rare opportunity to acquire a well-maintained, high-occupancy industrial asset in a desirable location, offering a 10% capitalization rate. The asking price is $1,000,000, translating to $21.74 per square foot. This property is ideal for investors seeking a stable, high-return investment in the Youngstown, Ohio market. The property's strong tenancy and desirable features make it a compelling investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $900,000
- 6.5%
- $775,000
- 7%
- $820,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $735,000
- Geo Method
- $865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $910,000
- Retail
- $1,005,000
- Mixed-Use
- $785,000
- Hospitality
- $945,000
- Educational
- $920,000
- Residential Income
- $810,000
- Energy
- $780,000
- Income-Based Land
- $875,000
- Food Service
- $810,000
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6291
- Latitude
- 41.1259
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
