Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Outlet malls
2841 Niles SE Rd Warren, OH 44484-5429
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-1460933
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2017
Total area
7,435 SF
Lot
2.38 ac (103,673 SF)
APN
38-661210
UPID
US66-1460933
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
Current use
Occupant on record · Public records
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$551k
Blend (final)
Blend
$705k
Owner & transaction history
Warren-howland Bts Retail LLC · 8 yrs held
Warren-howland Bts Retail LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$795,000
+87.7%
Commercial (general)
$765,000
+80.5%
Restaurant
$590,000
+39.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$425,000
Current use
MEDICAL BUILDING
$795,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +81% · Conversion: Easy
RESTAURANT
$590,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$545,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$95 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,781
Tax year 2023
Assessed value
$197,300
Assessed 2023
Previous assessed
$171,860
+14.8% YoY
Effective rate
6.48%
On assessed value
Assessed land
$26,110
Assessed improvement
$171,190
Land market value
$74,600
Improvement market value
$489,100
Total market value
$563,700
Applied tax rate
38.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Total area
7,435 SF
Lot
2.38 ac (103,673 SF)
APN
38-661210
UPID
US66-1460933
Jurisdiction
TRUMBULL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$425,000
MEDICAL BUILDING
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$765,000
RESTAURANT
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$545,000
OFFICE BUILDING
Est. value
$450,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Warren-howland Bts Retail LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 60308, PASADENA, CA 91116-6308
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
$160,000
Warren-howland Bts Retail LLC
Howland Realty Co
Warranty Deed
related
—
Apr 17, 2018
$1,287,000
Exchangeright Net Leased Portf
Warren Bts Retail LLC
Grant Deed
$37,795,000 · Barclays Bk/plc
Apr 17, 2018
—
Exchangeright Net Leased Portf
Exchangeright Net Leased Portf
Quit Claim Deed
related
—
Aug 31, 2017
$135,000
Warren Bts Retail LLC
Because Of Him Ministries
Warranty Deed
$1,028,000 · The Huntington National Bank
Aug 15, 2006
$7,500
Because Of Him Ministry INC
Naples,p J
Warranty Deed
—
Jun 6, 2006
$355
P J Naples
County Auditor Of Trumbull County
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2841 Niles SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
