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Property profile & analytics

255 Wood St Lowellville, OH 44436

  • Warehouses
  • 2,940 SF
  • 0.15 lot acres
For Sale
Last Sale
Jan 27, 2022
$85,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-2016271
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 255 Wood St

Year built
1950
Lot size
0.15 lot acres
Property size
2,940 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
40-006-0-047.00-0
APU
400060047000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lowellville
County
Mahoning
State
Ohio
Longitude
-80.5409
Latitude
41.0403
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,621
$2,730
$27,070
$29,800
-
$7,800
$77,340
$85,140
More about this property
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