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Property profile & analytics
FOR LEASE
Showrooms

2075 Niles Cortland Rd SE Warren, OH 44484

18,460 SF 1.67 ac lot Built 2004
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2822505
Property summary
AI-generated overview

This exceptional 18,460-square-foot retail property is located at 2075 Niles Cortland Rd SE in Warren, Ohio, within Trumbull County. Built in 2004, this single-tenant building sits on a generous 1.67-acre lot, offering ample space and visibility. The property is currently vacant, presenting a unique opportunity for a business seeking a substantial footprint in a dynamic market. The Warren/Niles trade area, part of the Youngstown-Warren-Boardman MSA, boasts a diverse economy encompassing retail, healthcare, and education. Warren, the county seat, offers historical architecture and a vibrant downtown area, while nearby Niles provides scenic parks and recreational opportunities. The area benefits from a strong community, supported by educational institutions, healthcare facilities, and public services. This location offers a blend of urban and suburban characteristics, appealing to a wide demographic. The property's size and location make it ideal for a variety of retail uses, capitalizing on the area's thriving economy and strong sense of community. The 2004 construction ensures a modern building with potential for immediate occupancy. This is a rare opportunity to acquire a significant retail space in a desirable location with high visibility and ample parking. The property's size and location within the Warren/Niles trade area offer significant potential for growth and return on investment. The 44484 zip code provides easy access to major transportation routes, further enhancing its appeal to businesses.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2004
Total area 18,460 SF
Lot 1.67 ac (72,745 SF)
APN 28-604750
UPID US66-2822505
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
$3.08M
CAP Approach CAP
$2.81M
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$2.64M
Owner & transaction history
Lc Zig Warren LLC · 2 yrs held
Lc Zig Warren LLC
since 2023
Last sale
$2.0M
6 recorded transactions
2023
$2.0M
2020
Price N/A
2014
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.0M +4.0%
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