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Property profile & analytics
FOR LEASE
Warehouses
2887 N Salem Warren Rd Warren, OH 44481
Entity Owned
Free & Clear
Property ID
US66-1301890
For Lease
1 / 4
$735,000
2887 N Salem Warren Rd, Warren, OH 44481
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Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Total area
10,464 SF
Lot
10.14 ac (441,698 SF)
APN
50-031-0-006.03-0
UPID
US66-1301890
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
-
Warrior imports inc Auto Parts Store
-
Starr Wheel (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$946k
Blend (final)
Blend
$735k
Owner & transaction history
Top Property Holdings-north Salem Warren Road
Top Property Holdings-north Salem Warren Road
since 2026
Last sale
$735,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+123.4%
Commercial (general)
$865,000
+72.8%
Restaurant
$830,000
+65.9%
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
$735,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$500,000
Current use
MEDICAL BUILDING
$1,120,000
Change: +123% · Conversion: Difficult
COMMERCIAL (GENERAL)
$865,000
Change: +73% · Conversion: Difficult
RESTAURANT
$830,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$770,000
Change: +54% · Conversion: Easy
OFFICE BUILDING
$630,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$595,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $735k (Feb 1 2024)
Last sale anchor
$735k
Feb 1 2024
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
$70 / 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
$13,299
Tax year 2023
Assessed value
$244,820
Assessed 2023
Previous assessed
$201,630
+21.4% YoY
Effective rate
5.43%
On assessed value
Assessed land
$26,800
Assessed improvement
$218,020
Land market value
$76,560
Improvement market value
$622,910
Total market value
$699,470
Applied tax rate
50.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
2003
Heating
NONE
Buildings
2
Stories
1
Total area
10,464 SF
Lot
10.14 ac (441,698 SF)
APN
50-031-0-006.03-0
UPID
US66-1301890
Jurisdiction
MAHONING
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
WAREHOUSE, STORAGE Current
Est. value
$500,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$865,000
RESTAURANT
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$770,000
OFFICE BUILDING
Est. value
$630,000
RETAIL STORES
Est. value
$595,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2003
Heating
NONE
Stories
1
Buildings
2
Lot
10.14 ac
Current owner
From public records · entity-resolved
Top Property Holdings-north Salem Warren Road
Entity
Free & Clear · 0 yrs held
Mailing address
1717 S RACCOON RD, YOUNGSTOWN, OH 44515-4702
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
$1,070,000
Top Property Holdings-north Salem Warren Road
Mystery Machine LLC
Warranty Deed
—
Feb 1, 2024
$735,000
Mystery Machine LLC
T & R Holdings LLC
Warranty Deed
$551,250 · The Farmers National Bank Of Canfie
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.
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