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Property profile & analytics
OFF-MARKET
Manufacturing properties

3710 Hendricks Rd Youngstown, OH 44515-1537

2.44 ac lot
Entity Owned 20-yr Hold Free & Clear
Property ID
US66-3799185
Property summary
AI-generated overview

This exceptional 300,000-square-foot industrial property, located at 3710 Hendricks Rd in Youngstown, Ohio, presents a compelling investment opportunity. Currently housing three tenants, including Timbercreek, Jaxon International, and Youngstown Bending and Rolling, the property boasts a strong pro-forma NOI of $889,299 and a 13.68% pro-forma cap rate. The asking price is $6,500,000, translating to $21.67 per square foot. Situated on a 14.64-acre lot, this multi-tenant, NNN-leased asset features 40-foot ceilings, three-phase power, and crane bays, catering to diverse manufacturing and warehousing needs. Recent capital improvements include a new roof with a 20-year warranty and the installation of energy-efficient LED lighting, totaling $1.8 million in upgrades. The property's strategic location offers convenient access to Interstate 680 and Route 11, placing it within close proximity to Downtown Youngstown, Warren, Akron, and Canton. The property is zoned for industrial use and presents an attractive opportunity for both owner-users and value-add investors seeking a well-maintained, high-performing asset in a growing Ohio market. The Youngstown area is experiencing growth in healthcare, education, and advanced manufacturing, contributing to a stable and expanding local economy.

Property profile
Verified
Property type Manufacturing properties
Use group FOUNDRY, INDUSTRIAL PLANT
Lot 2.44 ac (106,504 SF)
APN 48-046-0-021.00-0
UPID US66-3799185
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
  • Black Lion Products Industrial Manufacturer Production Facility
  • Kundel Industries Factory Production Facility
  • American Steel Solutions Factory Production Facility
  • KUNDEL INDUSTRIES Building Supply Metal Fabrication Plant
  • Youngstown Bending & Rolling Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
American Steel City Industrial Leas · 20 yrs held
American Steel City Industrial Leas
since 2005
4 recorded transactions
2024
Price N/A
2018
Price N/A
2018
Price N/A
2005
$450,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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