Property profile

325 W Broad St Newton Falls, OH 44444

FOR SALE
Drug stores
Property ID
US66-0916541
11,201 SF 0.99 ac lot Built 1996
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 11,325-square-foot retail building, situated on a one-acre lot in Newton Falls, Ohio, presents a unique investment opportunity. Formerly a high-performing pharmacy generating nearly $10 million in annual sales, this property boasts a prime location at a traffic-lighted intersection, ensuring maximum visibility and accessibility. Built in 1996, the well-maintained masonry structure features an open floor plan and a convenient drive-thru. Recent exterior facade improvements enhance its curb appeal. The ample parking on the large lot caters to high customer traffic. The building's strategic location and substantial size make it ideal for a variety of retail uses. Given current construction costs, replicating this type of building would be exceptionally expensive. This property offers a rare chance to acquire a well-established, high-traffic retail space in a desirable location. The address is 325 W Broad St, Newton Falls, OH 44444. The property is currently vacant and available for sale by owner.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1996
Total area 11,201 SF
Lot 0.99 ac (43,124 SF)
APN 53-264968
UPID US66-0916541

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Crypto Atm Atm
  • Pharmacy
  • Atm
  • Pharmacy

Location

325 W Broad St Newton Falls, OH 44444
Newton Falls metro Census 933600 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.67M
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$460k

Owner & transaction history

since 2017
3 recorded transactions
2017
$2.0M
2014
Price N/A
2007
$2.1M

Zoning & alternative use

Top alternative use upside
Restaurant $1.0M +35.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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