3710 Hendricks Rd Youngstown, OH 44515-1537
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.
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Black Lion Products Industrial Manufacturer Production Facility
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Kundel Industries Factory Production Facility
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American Steel Solutions Factory Production Facility
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KUNDEL INDUSTRIES Building Supply Metal Fabrication Plant
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Youngstown Bending & Rolling Metal Fabrication Plant Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.