400 Niles Cortland NE Rd Warren, OH 44484
This exceptional two-story executive office building, located at 400 Niles Cortland Rd SE in Howland, Ohio (44484), presents a unique investment opportunity. Boasting 4,582 square feet of well-maintained space, this property is currently 50% occupied and offers significant potential for growth. Built in 1987, the building sits on a 0.7-acre lot and is zoned for commercial use. The property features a convenient walkout lower level, providing versatile space options. A rear two-car garage with a private entrance adds to the building's appeal. The layout is easily adaptable, allowing for division into two separate tenant spaces, maximizing rental income potential. The building's prominent location on SR 46 ensures excellent visibility and signage opportunities, attracting potential clients and enhancing the property's overall value. The asking price is $495,000. The property's APN is 28-562850. This is an owner/user investment opportunity in Trumbull County, Ohio. The building is in excellent condition and offers a rare combination of functionality, location, and growth potential.
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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.