Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    47 Federal St Youngstown, OH 44503-1815
    Back to Search
    Property profile & analytics

    47 Federal St Youngstown, OH 44503-1815

    View on Map
    • High-rise multifamily apartments
    • 5,670 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US66-4105976
    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.
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Realty Building / Tour Operator
    • Chase ATM / Atm

    Property Details for 47 Federal St

    Year built
    1920
    Lot size
    0.04 lot acres
    Property size
    5,670 SF
    Property type
    High-rise multifamily apartments
    APN
    53-002-A-030.00-0
    APU
    53002A030000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $585,000
      6.5%
      $540,000
      7%
      $505,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $580,000
      Current use
      COMMERCIAL (GENERAL)
      $785,000
      Change: +35% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $545,000
      Change: -6% Conversion: Difficult
      RESTAURANT
      $525,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.6489
    Latitude
    41.0996
    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
    $5,718
    $9,260
    $69,730
    $78,990
    -
    $26,460
    $199,240
    $225,700

    Comparable in this City

    • Value Estimation
      $7,390,000
      64,351 SF

      34 36th W Federal St

      HIGH-RISE APARTMENTS • 64,351 SF
      34 36th W Federal St, Youngstown, OH 44503
      View Details
    • Value Estimation
      $14,720,000
      137,674 SF

      25 Market St

      HIGH-RISE APARTMENTS • 137,674 SF
      25 Market St, Youngstown, OH 44503-1731
      View Details
    • Value Estimation
      $5,375,000
      46,800 SF

      112 Commerce St

      HIGH-RISE APARTMENTS • 46,800 SF
      112 Commerce St, Youngstown, OH 44503-1111
      View Details
    • Value Estimation
      $1,965,000
      23,564 SF

      201 Federal St

      HIGH-RISE APARTMENTS • 23,564 SF
      201 Federal St, Youngstown, OH 44503-1203
      View Details
    • Value Estimation
      $11,050,000
      96,184 SF

      235 Wick Ave

      HIGH-RISE APARTMENTS • 96,184 SF
      235 Wick Ave, Youngstown, OH 44503-1001
      View Details
    • Value Estimation
      $3,810,000
      46,150 SF

      47 Federal St

      HIGH-RISE APARTMENTS • 46,150 SF
      47 Federal St, Youngstown, OH 44503-1815
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      180,000 SF

      Office Building in Youngstown, OH

      180,000 square foot office building available for sale.
      16 Wick Ave, Youngstown, OH 44503
      View Details
    • $599,500
      0.30 Acres

      Downtown Youngstown Retail Opportunity

      Retail or restaurant space near Youngstown Foundation Amphitheater and Covelli Center.
      200-208 W Front St, Youngstown, OH 44503
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Youngstown Commercial Space Available

      Located in revitalizing downtown Youngstown, near major landmarks.
      101 Market St, Youngstown, OH 44503
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in Youngstown, Ohio.
      6 W Federal St, Youngstown, OH 44503
      View Details
    • Contact for pricing
      6,373 SF

      Professional Office Space For Rent

      Class A office space near YSU and Business Incubator.
      250 E Federal St, Youngstown, OH 44503
      View Details
    • Contact for pricing

      Professional Office Space Available

      Class A office space for rent near YSU.
      333 E Federal St, Youngstown, OH 44503
      View Details
    • Contact for pricing
      1,427 SF

      Downtown Youngstown Office Space Available

      Office space for rent in revitalizing downtown Youngstown area.
      26 Market St, Youngstown, OH 44503
      View Details
    • Contact for pricing
      28,500 SF

      Columned Warehouse Near Downtown Youngstown

      Warehouse space with dock doors, drive-in, and climate-controlled offices.
      360 E Federal St, Youngstown, OH 44503
      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.
    47 Federal St
    Youngstown, OH 44503-1815
    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

    Thank You for Inquiry
    47 Federal St, Youngstown, OH, 44503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!