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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Commercial land
361 Elm NE Rd Warren, OH 44483-5005
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-2409170
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Construction
BRICK
Total area
21,088 SF
Lot
1.46 ac (63,598 SF)
APN
39-003519
UPID
US66-2409170
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Trumbull County Land Reutilization · 2 yrs held
Trumbull County Land Reutilization
since 2024
Last sale
$11,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+47.2%
Warehouse, storage
$1.7M
+12.0%
Restaurant
$1.7M
+9.3%
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
COMMERCIAL (GENERAL)
$1,535,000
Current use
MEDICAL BUILDING
$2,260,000
Change: +47% · Conversion: Easy
WAREHOUSE, STORAGE
$1,715,000
Change: +12% · Conversion: Difficult
RESTAURANT
$1,675,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,550,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$1,370,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$1,280,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $11k (Jun 4 2024)
Last sale anchor
$11k
Jun 4 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
$81 / 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
$1,324
Tax year 2023
Assessed value
$20,440
Assessed 2023
Previous assessed
$20,440
+0.0% YoY
Effective rate
6.48%
On assessed value
Assessed land
$20,440
Land market value
$58,400
Total market value
$58,400
Applied tax rate
39.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Construction
BRICK
Heating
NONE
Total area
21,088 SF
Lot
1.46 ac (63,598 SF)
APN
39-003519
UPID
US66-2409170
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
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
Construction
BRICK
Heating
NONE
Lot
1.46 ac
Current owner
From public records · entity-resolved
Trumbull County Land Reutilization
Entity
Free & Clear · 2 yrs held
Mailing address
736 MAHONING AVE NW, WARREN, OH 44483-4610
Ownership since
2024
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
Jun 4, 2024
—
Trumbull County Land Reutilization
Sheriff Of Said Trumbull County Ohi
Sheriffs Deed
related
—
Feb 5, 2019
$11,000
Princeton Coml E Hldgs LLC
Warren Family Mission
Warranty Deed
—
May 1, 2018
—
Warren Family Mission
Trumbull County Take Flight
Quit Claim Deed
related
—
May 28, 2015
—
Trumbull County Take Flight
Warren Family Mission
Quit Claim Deed
related
—
Aug 28, 2006
—
Warren Family Mission
Warren Family Mission INC
Quit Claim Deed
related
—
—
—
Warren Family Mission
—
Deed Of Trust
related
$160,000 · First Place Bank
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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