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Property profile & analytics
OFF-MARKET
Strip malls
1955 Niles Cortland NE Rd Warren, OH 44484-1166
Entity Owned
18-yr Hold
Free & Clear
Property ID
US66-1127311
Property summary
AI-generated overview
This exceptional 2,000 square foot retail space, part of a larger 5,000 square foot multi-tenant building located at 1955 Niles Cortland Rd NE in Warren, Ohio (44484), presents a fantastic opportunity. Previously used as a restaurant, this extremely well-maintained space offers high visibility due to its corner lot location and prominent signage on SR 46. The property benefits from its high-traffic location directly across from Mercy Health, ensuring consistent foot traffic and potential customer base. The entire building is 5,000 square feet, with a minimum divisible space of 2,000 square feet, making it suitable for a variety of restaurant or retail concepts. This Trumbull County property is ready for immediate occupancy and offers a prime location for businesses seeking high exposure and a strong customer base. The space is currently available for lease. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
CONCRETE
Total area
5,000 SF
Lot
0.95 ac (41,382 SF)
APN
28-691450
UPID
US66-1127311
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
Current use
Occupant on record · Public records
-
Vapor kings (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
LibertyX Bitcoin ATM Atm
-
CoinFlip Bitcoin ATM Atm Business To Business Service
-
Bunny Nails Nail Salon
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
D & F Management & Props INC · 18 yrs held
D & F Management & Props INC
since 2007
5 recorded transactions
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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$11,930
Tax year 2023
Assessed value
$181,020
Assessed 2023
Previous assessed
$159,430
+13.5% YoY
Effective rate
6.59%
On assessed value
Assessed land
$43,330
Assessed improvement
$137,690
Land market value
$123,800
Improvement market value
$393,400
Total market value
$517,200
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
0.95 ac (41,382 SF)
APN
28-691450
UPID
US66-1127311
Jurisdiction
TRUMBULL
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
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
D & F Management & Props INC
Entity
Free & Clear · 18 yrs held
Mailing address
2000 N RIV RD NE, WARREN, OH 44483-2530
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2007
—
D & F Management & Props INC
Fenstermaker,douglas J
Quit Claim Deed
related
—
Dec 20, 2006
—
Douglas J Fenstermaker
Yannacey,donald
Quit Claim Deed
related
—
—
—
Douglas J Fenstermaker
—
Deed Of Trust
related
$355,435 · J P Morgan Chase Bank
—
—
D & F Management & Props INC
—
Deed Of Trust
related
$35,000 · Amy G Fenstermaker
—
—
Douglas J Fenstermaker
—
Deed Of Trust
related
$1,078,874 · Amy G Fenstermaker
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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