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Property profile & analytics
FOR LEASE
Auto shops

2821 Garland St Niles, OH 44446

13,260 SF 0.64 ac lot Built 1959
Individually Owned 14-yr Hold ~ Est. High Equity
Property ID
US66-1471937
Property summary
AI-generated overview

This exceptional 13,000-square-foot commercial building in Niles, Ohio, presents a unique investment opportunity. Previously utilized as an oil change and service garage, the property boasts a prime location just off SR422, with convenient access to SR11 and SR46. The building is exceptionally well-maintained and features impressive 20+ foot ceilings, multiple oil change bays, two expansive service areas, and twelve overhead doors ranging from 12 to 20 feet in height. Inside, you'll find ample office space, dedicated retail areas, a comfortable waiting area, and restrooms. The strategic location near popular retailers such as Walgreens, Dunkin', McDonald's, and Dollar General ensures high visibility and potential customer traffic. This property's spacious layout and high ceilings provide a highly efficient work environment, perfect for businesses requiring ample space for vehicles and equipment. The single-tenant occupancy offers flexibility and control. Located at 2821 Garland St, Niles, OH 44446, in Trumbull County, this property is ready for its next chapter. This is an unparalleled chance to establish or expand a thriving business in a bustling commercial area.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1959
Total area 13,260 SF
Lot 0.64 ac (27,878 SF)
APN 24-065950
UPID US66-1471937
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
$545k
Blend (final) Blend
$580k
Owner & transaction history
James M Coates JR. · 14 yrs held
James M Coates JR.
since 2012
7 recorded transactions
2023
Price N/A
2022
Price N/A
2018
Price N/A
2018
Price N/A
2016
Price N/A
2012
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $905,000 +7.0%
Retail stores $905,000 +6.6%
Office building $900,000 +6.3%
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