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    3581 Elm Rd NE Warren, OH 44483
    Property profile & analytics

    3581 Elm Rd NE, Warren, OH 44483

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    • Turn key restaurants
    • 5,447 SF
    • 2.35 lot acres
    2.35 AC Redevelopment Site For Lease
    $550,000

    2.35 AC Redevelopment Site

    2.35 AC redevelopment site in major retail corridor.

    3581 Elm Rd NE, Warren, OH 44483
    View Listing
    Property ID
    US66-1636379
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $550,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3581 Elm Rd NE

    Year built
    1987
    Lot size
    2.35 lot acres
    Property type
    Turn key restaurants
    APN
    28-901164
    APU
    28901164

    Description

    This exceptional 2.35-acre redevelopment site presents a unique investment opportunity in a thriving Warren, Ohio location. Situated on Elm Road Northeast, this single-tenant property boasts a high-traffic count exceeding 21,000 vehicles daily. The site is ideally positioned along a major retail corridor with convenient access to Ohio State Route 82, ensuring excellent visibility and accessibility for potential businesses. The property's zoning allows for retail, restaurant, or land development uses, offering considerable flexibility for future development. Warren, the county seat of Trumbull County, Ohio, has a population of approximately 39,000 residents, providing a substantial customer base. The area is anchored by a strong concentration of nationally recognized retailers, including Walmart, ALDI, Menards, Tractor Supply, Chipotle Mexican Grill, Wendy's, Panera Bread, and Dunkin', creating a vibrant and attractive retail environment. This property offers significant potential for developers seeking a high-visibility location with established infrastructure and a proven track record of retail success. The site's size and location make it an ideal candidate for a variety of commercial developments, catering to the needs of the local community and the surrounding area. This is a rare opportunity to acquire a prime piece of commercial real estate in a rapidly growing market. The property is classified as retail, land, and restaurant use, and is a freestanding, single-tenant site. The address is 3581 Elm Rd NE, Warren, OH 44483.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $545,000
      ML approach
      $520,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $421,000
      Market price range: $169k - $699k
      AI Estimate
      $547,000
      Market price range: $324k - $822k
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $435,000
      Current use
      MEDICAL BUILDING
      $585,000
      Change: +35% Conversion: Difficult
      WAREHOUSE, STORAGE
      $445,000
      Change: +2% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $400,000
      Change: -7% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $395,000
      Change: -9% Conversion: Easy
      RETAIL STORES
      $355,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7832
    Latitude
    41.2676
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,590
    $145,430
    $45,610
    $191,040
    -
    $415,500
    $130,300
    $545,800
    View Listing
    More about this property
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