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    275 High St Washingtonville, OH 44490
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    275 High St Washingtonville, OH 44490

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    • Manufacturing properties
    • 26,957 SF
    • 1.27 lot acres
    For Sale
    $795,000
    View Listing →
    Updated Warehouse with Office Space For Sale
    $795,000
    27,606 SF

    Updated Warehouse with Office Space

    27,606 SF Washingtonville warehouse with updated office space.

    275 High St, Washingtonville, OH 44490
    View Listing
    Property ID
    US66-4173862
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • W M Inc / Waste Management Facility / Hazardous Waste Disposal

    Property Details for 275 High St

    Year built
    1959
    Lot size
    1.27 lot acres
    Property size
    26,957 SF
    Property type
    Manufacturing properties
    APN
    11-002-0-113.00-0
    APU
    110020113000

    Description

    This exceptional industrial warehouse property, located at 275 High St in Washingtonville, Ohio (Mahoning County, zip code 44490), offers a substantial 27,606 square feet of vacant space. The entire building is currently available for lease, presenting a unique opportunity for a single tenant or multiple tenants. Completely renovated in 2022, this property boasts modern amenities and is ready for immediate occupancy. The warehouse features one loading dock and two dock-high doors, ensuring efficient loading and unloading operations. The property is classified as industrial, specifically a warehouse, and is suitable for a variety of industrial uses. The building's size allows for flexible space configurations to accommodate diverse business needs. Its location in Washingtonville, Ohio provides convenient access to major transportation routes, making it an ideal location for distribution and logistics operations. The property is situated at 40.90170805130015 latitude and -80.76688800864363 longitude. This is a turnkey solution for businesses seeking a modern, efficient, and spacious warehouse in a strategic location. The total building size is 27,606 square feet, with the entire space currently vacant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Washingtonville
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.767
    Latitude
    40.9014
    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
    $6,526
    $6,660
    $104,640
    $111,300
    -
    $19,040
    $298,970
    $318,010

    Comparable in this City

    • Value Estimation
      $505,000
      32,105 SF

      240 High St

      MANUFACTURING (LIGHT) • 32,105 SF
      240 High St, Washingtonville, OH 44490
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    • Value Estimation by Request
      0.02 Acres

      Ee St

      INDUSTRIAL (GENERAL) • 0.02 Acres
      Ee St, Washingtonville, OH 44490
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    • Value Estimation by Request
      3,720 SF

      170 Main St

      MINI-WAREHOUSE, STORAGE • 3,720 SF
      170 Main St, Washingtonville, OH 44490-9635
      View Details
    • Value Estimation by Request
      2,806 SF

      105 Un St

      MINI-WAREHOUSE, STORAGE • 2,806 SF
      105 Un St, Washingtonville, OH 44490-9745
      View Details
    • Value Estimation by Request
      0.01 Acres

      Main St

      INDUSTRIAL (GENERAL) • 0.01 Acres
      Main St, Washingtonville, OH 44490
      View Details
    • Value Estimation by Request
      0.24 Acres

      200 Main St

      INDUSTRIAL (GENERAL) • 0.24 Acres
      200 Main St, Washingtonville, OH 44490-9747
      View Details
    View Listing
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    Washingtonville, OH 44490
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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