Property profile

255 Wood St Lowellville, OH 44436

OFF-MARKET
Warehouses
Property ID
US66-2016271
2,940 SF 0.15 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 255 W Wood Street, Lowellville, OH, presents a unique investment opportunity. The building offers 2340 square feet of adaptable space, currently configured as two offices and a shop area. This layout provides immediate functionality, but the property's versatility allows for a variety of uses. The potential exists to subdivide the space into three or four individual units, each with its own private entrance, catering to multiple commercial tenants. A full basement provides ample storage, significantly enhancing the property's utility. Adding to its appeal is an attached garage, which offers significant potential for use as a loading dock, ideal for businesses requiring efficient goods handling. The property sits on a conveniently sized 0.15-acre lot in a desirable Lowellville location. This combination of space, adaptability, and location makes this property an attractive prospect for investors seeking a strong return or entrepreneurs looking to establish a thriving business. The existing infrastructure provides a solid foundation for immediate occupancy, while the flexible layout allows for customization to meet specific business needs. Don't miss this chance to acquire a versatile and well-situated commercial property in a thriving community. The asking price is $124,900.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1950
Total area 2,940 SF
Lot 0.15 ac (6,490 SF)
APN 40-006-0-047.00-0
UPID US66-2016271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

255 Wood St Lowellville, OH 44436-1037
Lowellville metro Census 811100 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2022
Last sale
$85,000
1 recorded transaction
2022
$85,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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