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Property profile & analytics
OFF-MARKET
Drug stores
40 Meridian Rd Youngstown, OH 44509-2034
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-0704208
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2008
Total area
14,736 SF
Lot
1.71 ac (74,662 SF)
APN
48-023-0-124.00-0
UPID
US66-0704208
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
-
Alco Music & Cigarette Services Big Box & Wholesale Store
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kitchen Abz LLC · 5 yrs held
Kitchen Abz LLC
since 2021
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Youngstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngstown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$39,345
Tax year 2023
Assessed value
$592,280
Assessed 2023
Previous assessed
$700,000
-15.4% YoY
Effective rate
6.64%
On assessed value
Assessed land
$130,660
Assessed improvement
$461,620
Land market value
$373,310
Improvement market value
$1,318,920
Total market value
$1,692,230
Applied tax rate
48.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2008
Heating
BASEBOARD
Stories
1
Rooms
5
Bathrooms
1
Total area
14,736 SF
Lot
1.71 ac (74,662 SF)
APN
48-023-0-124.00-0
UPID
US66-0704208
Jurisdiction
MAHONING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
BASEBOARD
Stories
1
Rooms
5
Bathrooms
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
Kitchen Abz LLC
Entity
Mailing address
11311 MOUNTS RUN DR, DALLAS, TX 75218-1377
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2021
$90,000
Kitchen Abz LLC
Alco Land Company INC
Warranty Deed
$72,000 · The Huntington National Bank
Aug 6, 2020
$5,480,000
Hai K Nguyen
Merchandise INC
Limited Warranty Deed
$2,840,000 · Capstar Bank
Dec 27, 2018
—
Merchandise INC
—
Deed
related
$211,520 · Us Bank NA
Aug 15, 2018
—
Donald W Karches
Donald W Karches
Intrafamily Transfer
related
—
Sep 25, 2017
—
Donald W Karches
Donald J Karches
Intrafamily Transfer
related
—
Dec 15, 2009
$4,237,500
Merchandise INC
Greystone Group Meridian Ltd
Limited Warranty Deed
$1,737,500 · Us Bank NA
Oct 12, 2007
$87,000
Greystone Group Meridian Ltd
Howard Martin Dean
Warranty Deed
—
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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