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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Drug stores
2249 Youngstown Warren Rd Niles, OH 44446-4567
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-0815566
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2006
Total area
14,572 SF
Lot
1.92 ac (83,714 SF)
APN
24-310400
UPID
US66-0815566
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Cardtronics Atm
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
-
Dawn M. Dragos, RPh Pharmacy
-
Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.94M
Owner & transaction history
State Of Ohio Department Of Transportation · 9 yrs held
State Of Ohio Department Of Transportation
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+35.6%
Medical building
$1.2M
+20.5%
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 Niles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niles 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,345,000
6.5%
$2,165,000
7%
$2,010,000
Alternative Use
Use
Estimation
RESTAURANT
$1,345,000
Change: +36% · Conversion: Easy
MEDICAL BUILDING
$1,195,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$133 / SF
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
$45,415
Tax year 2023
Assessed value
$714,040
Assessed 2023
Previous assessed
$634,520
+12.5% YoY
Effective rate
6.36%
On assessed value
Assessed land
$161,140
Assessed improvement
$552,900
Land market value
$460,400
Improvement market value
$1,579,700
Total market value
$2,040,100
Applied tax rate
24.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
14,572 SF
Lot
1.92 ac (83,714 SF)
APN
24-310400
UPID
US66-0815566
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
1.92 ac
Current owner
From public records · entity-resolved
State Of Ohio Department Of Transportation
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2017
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
Feb 10, 2017
$2,710
State Of Ohio Department Of Transportation
Lwag Niles LLC
Warranty Deed
—
Feb 10, 2017
$12,800
State Of Ohio Department Of Transportation
Lwag Niles LLC
Warranty Deed
—
Nov 15, 2016
$1,200
Department Of Transportation
Mckinley Heights Mutual Benefi
Warranty Deed
related
—
Nov 15, 2016
$610
Department Of Transportation
Mckinley Heights Mutual Benefi
Warranty Deed
related
—
Mar 6, 2015
$5,200,000
Lwag Niles LLC
Weathersfield Purchase Co LLC
Grant Deed
$3,640,000 · Ladder Cap Fin
Aug 1, 2007
$21,000
Weathersfield Purchase Co LLC
Greystone Group-weathersfield
Grant Deed
related
$3,880,800 · * Other Institutional Lenders
Jun 14, 2006
—
Greystone Group-weathersfield
Greystone Group-weathersfield
Quit Claim Deed
related
$3,828,036 · Huntington National Bank
Jun 14, 2006
$350,000
Greystone Group-weathersfield
Wilmarda Land
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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