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Belmont Ave Youngstown, OH 44505

Warehouses Google Maps
37,940 SF 0.89 ac lot Built 1966
Entity Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$740k
Range $666k – $814k (±10%)
Property ID US66-1747992

Property summary

AI-generated overview

This exceptional investment opportunity presents a 38,500 square foot industrial property located at 3825 Belmont Ave, Youngstown, Ohio, 44505. The property sits on a 2.8-acre lot and boasts 3 overhead doors and 4 interior dock doors, along with a 3,300 square foot office space. Currently, the building is 100% occupied under a triple net (NNN) lease with Temco Logistics, a home goods delivery and installation company acquired by Home Depot in June 2023. The lease agreement extends until 2028, featuring annual rent increases of 3%. This provides a stable and predictable income stream for investors. The asking price for this turnkey investment property is $3,750,000. The property's strategic location in Trumbull County, Ohio, offers excellent access to major transportation routes, further enhancing its appeal to investors seeking a secure and profitable venture. This is a rare opportunity to acquire a high-performing industrial asset with a strong tenant and a long-term lease. Don't miss out on this chance to add a valuable asset to your portfolio.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1966
Construction TYPE NOT SPECIFIED
Total area 37,940 SF
Lot 0.89 ac (38,768 SF)
APN 12-733400
UPID US66-1747992

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
  • Warehouse & Storage

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$740k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $1.9M +56.0%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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