Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4249 Belmont Ave Youngstown, OH 44505-1003

    • Motels
    • 16,608 SF
    • 2.50 lot acres
    OFF-MARKET
    Last Sale
    Sep 26, 2022
    $3,100,000
    Value Estimations
    $3,035,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-3678262
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motel 6 Youngstown, OH / Hotel & Motel

    Property Details for 4249 Belmont Ave

    Year built
    1973
    Lot size
    2.50 lot acres
    Property size
    16,608 SF
    Property type
    Motels
    APN
    12-685751
    APU
    12685751

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,040,000
      ML approach
      $2,895,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,680,000
      RESTAURANT
      $1,865,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.6633
    Latitude
    41.1584
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,207
    $100,450
    $781,200
    $881,650
    -
    $287,000
    $2,232,000
    $2,519,000

    Comparable in this City

    • Value Estimation
      $2,910,000
      53,934 SF

      201 Perni Ln

      MOTEL • 53,934 SF
      201 Perni Ln, Youngstown, OH 44505-1056
      View Details
    • Value Estimation
      $4,210,000
      72,771 SF

      4055 Belmont Ave

      HOTEL • 72,771 SF
      4055 Belmont Ave, Youngstown, OH 44505-1035
      View Details
    • Value Estimation by Request
      0.13 Acres

      Belmont

      PARKING GARAGE, PARKING STRUCTURE • 0.13 Acres
      Belmont, Youngstown, OH 44505
      View Details
    • Value Estimation by Request
      0.12 Acres

      5814 Belmont Ave

      DEPARTMENT STORE • 0.12 Acres
      5814 Belmont Ave, Youngstown, OH 44505-1036
      View Details
    • Value Estimation by Request
      0.26 Acres

      4534 Belmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.26 Acres
      4534 Belmont Ave, Youngstown, OH 44505-1010
      View Details
    • Value Estimation by Request
      0.01 Acres

      Belmont Ave

      OFFICE BUILDING • 0.01 Acres
      Belmont Ave, Youngstown, OH 44505
      View Details

    Similar Nearby for Sale

    • $235,000
      1,344 SF

      Youngstown Redevelopment Opportunity

      Mixed-use, 1.86 acres, high potential
      1514 Gypsy Ln, Youngstown, OH 44505
      View Details
    • $715,000
      0.43 Acres

      Prime Youngstown Commercial Land

      0.43-acre lot, owner financing available
      850 Wick Ave, Youngstown, OH 44505
      View Details
    • Contact for pricing

      Land Available For Ground Lease

      Two-acre commercial land site in Liberty Township, Trumbull County.
      105 Dailey Ave, Youngstown, OH 44505
      View Details
    • $42,900
      0.56 Acres

      Land For Sale Youngstown, OH

      Land available for purchase in Youngstown, Ohio.
      Stonington Dr, Youngstown, OH 44505
      View Details
    • New
      $369,900
      0.02 Acres

      Well-Maintained Ranch-Style Duplex

      Investment opportunity: ranch duplex with 3 beds, 2 baths.
      4591 Churchill Rd, Youngstown, OH 44505
      View Details
    • $125,000
      14.90 Acres

      Belmont Ave Commercial Land Opportunity

      14.9 Acres, Youngstown, OH - Ideal Location
      4891 Belmont Ave, Youngstown, OH 44505
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      8,640 SF

      Belmont Ave Retail Office Space

      Prime Retail/Office Space, Two Units Available
      4501 Belmont Ave, Youngstown, OH 44505
      View Details
    • Contact for pricing
      2,730 SF

      Retail Space Available

      Retail suites available for lease in Youngstown, OH.
      4423-4429 Logan Way, Youngstown, OH 44505
      View Details
    • $7 SF/Yr
      120,000 SF

      Belmont Plaza: Youngstown Office Space

      Prime Youngstown Office & Retail
      3485 Belmont Ave, Youngstown, OH 44505
      View Details
    • Contact for pricing
      14,500 SF

      Retail Space Near Walmart Plaza

      Retail space available near Belmont Plaza and I-80.
      3485-3497 Belmont Ave, Youngstown, OH 44505
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Available For Rent

      Retail space available for rent in Youngstown, OH.
      4405 Logan Way, Youngstown, OH 44505
      View Details
    • $7 SF/Yr
      18,000 SF

      Belmont Ave Office Space Available

      Prime Youngstown Office Suites, 3 Spaces Available
      4531 Belmont Ave, Youngstown, OH 44505
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4249 Belmont Ave
    Youngstown, OH 44505-1003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.