2400 Niles Cortland SE Rd Warren, OH 44484-3869
- Medical offices
- 0.61 lot acres
Current Use by Public Records
- Lawrence C. Chen, DDS, Inc. / Dentist
- American Institute of Health Care Professionals / Adult Education School / Training Centre
- John J. Clendenin, DC / Chiropractor
- Erica White / Massage Therapist
- Dominick Flarey / General Practitioner / Nurse Practitioner
Property Details for 2400 Niles Cortland SE Rd
- Lot size
- 0.61 lot acres
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 28-018319
- APU
- 28018319
Description
This exceptional 1.2-acre commercial land parcel presents a remarkable redevelopment opportunity in Warren, Ohio. Strategically located at 2400 Niles Cortland Rd SE, 44484, on the highly visible SR 46 (Niles Cortland Rd) and Mines Rd intersection, this property boasts unparalleled access and visibility. Its prime location places it directly adjacent to a concentration of major retail establishments, including Bass Pro Shops, Meijer, and the expansive 1,600,000 square foot Eastwood Mall Complex. Other nearby businesses include Best Buy, Texas Roadhouse, Chick-fil-A, Aldi, Dillards, Five Guys, Chipotle, and Starbucks, ensuring high traffic counts and significant consumer footfall. The property is zoned for commercial use, providing flexibility for a wide range of development projects. The asking price for this exceptional opportunity is $1,300,000. This is a rare chance to acquire a substantial land parcel in a thriving retail corridor with exceptional potential for significant return on investment. Don't miss this chance to secure a piece of Warren's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $920,000
- 6.5%
- $855,000
- 7%
- $985,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $955,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $995,000
- Retail
- $1,000,000
- Mixed-Use
- $915,000
- Hospitality
- $895,000
- Educational
- $1,070,000
- Residential Income
- $1,000,000
- Energy
- $980,000
- Income-Based Land
- $885,000
- Food Service
- $795,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.741
- Latitude
- 41.21
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA