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Property profile & analytics
OFF-MARKET
Investment properties
198 Colonial Dr Youngstown, OH 44505-2172
Individually Owned
2-yr Hold
Property ID
US66-2700192
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
WOOD FRAME
Total area
1,380 SF
Lot
0.55 ac (24,002 SF)
APN
12-492400
UPID
US66-2700192
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
Albert E Banks III · 2 yrs held
Albert E Banks III
since 2024
Last sale
$163,000
7 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 Youngstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngstown 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
$635
Tax year 2023
Assessed value
$11,630
Assessed 2023
Previous assessed
$14,220
-18.2% YoY
Effective rate
5.46%
On assessed value
Assessed land
$4,800
Assessed improvement
$6,830
Land market value
$13,700
Improvement market value
$19,500
Total market value
$33,200
Applied tax rate
12.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1955
Construction
WOOD FRAME
Heating
BASEBOARD
Cooling
CENTRAL
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
1,380 SF
Lot
0.55 ac (24,002 SF)
APN
12-492400
UPID
US66-2700192
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
1955
Construction
WOOD FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Albert E Banks III
Individual
Mailing address
198 COLONIAL DR, YOUNGSTOWN, OH 44505-2172
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Albert E Banks III
Albert E Banks III
Intrafamily Transfer
related
$166,504 · Novus Home Mortgage
Nov 21, 2023
—
Albert E Banks
Kabira Zerdaoui
Re-recorded Document
related
—
Oct 24, 2023
$163,000
Albert E Banks
Kabira Zerdaoui
Warranty Deed
—
Feb 7, 2022
—
Kabira Zerdaoui
—
Deed
related
$57,295 · Key Bank NA
May 7, 2021
—
Kabira Zerdaoui
Trumbull County
Quit Claim Deed
related
—
Jul 30, 2019
—
Kabira Zerdaoui
—
Deed
related
$63,200 · Chemical Bank
May 4, 2018
—
Kabira Zerdaoui
—
Deed
related
$42,470 · Chemical Bank
Apr 15, 2011
$45,000
Zouhair Elouaddi
Redmond,marianne R
Grant Deed
$36,000 · Huntington National Bank
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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