Property profile

34 Indianola Ave Youngstown, OH 44507

OFF-MARKET
Auto shops
Property ID
US66-1914650
1,680 SF 0.17 ac lot Built 1930
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 6,973-square-foot Class C warehouse, located at 34 W Indianola Ave, Youngstown, OH 44507 (APN 53-053-0-466.00-0), presents a compelling investment opportunity at an asking price of $65,000 ($9.32/sq ft). Built in 1930, this property sits on a 0.17-acre lot and offers significant potential for redevelopment. Currently configured as a warehouse, its adaptable nature lends itself to a variety of uses. The property's prime location near the freeway makes it ideal for businesses requiring convenient access to major transportation routes. The existing structure is fully fenced, providing secure storage for vehicles; the lot can accommodate approximately six cars inside and fifteen to twenty cars outside. The 6,973 square feet of net rentable space offers ample room for various business ventures. While currently used as a car lot, the property's versatility allows for potential repurposing into an event center, childcare facility, or mechanic shop, among other possibilities. This property offers a unique blend of location, size, and adaptability, making it an attractive investment for entrepreneurs and developers alike. The property's existing infrastructure and secure lot provide a solid foundation for future development and expansion.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1930
Total area 1,680 SF
Lot 0.17 ac (7,231 SF)
APN 53-053-0-466.00-0
UPID US66-1914650

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
  • Car Rental Facility

Location

34 Indianola Ave Youngstown, OH 44507-1457
Youngstown metro Census 802100 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
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Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

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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