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Property profile & analytics
OFF-MARKET
Commercial real estate

4774 Mahoning Ave Austintown, OH 44515

8,500 SF 0.85 ac lot Built 2004
Entity Owned 2-yr Hold
Property ID
US66-0044262
Property summary
AI-generated overview

Falcon Commons, located at 4774 Mahoning Ave in Austintown, Ohio, presents a unique investment opportunity. This single-story, 8,500 square foot Class A commercial building, constructed in 2004, offers six suites in a multi-tenant configuration. Currently, 2,735 square feet are available, with individual suite sizes ranging from 960 to 1,775 square feet, ideal for a variety of office uses. The property sits on 0.85 acres of land and boasts 55 total parking spaces, ensuring ample convenience for tenants and customers. Its prime location at the well-lit intersection of Mahoning Avenue and Evans Drive benefits from high visibility and strong traffic flow. Nearby businesses include Marc's grocery store, Handel's Ice Cream, and Advanced Auto Parts, creating a vibrant commercial environment. The building features all-brick and masonry construction, reflecting its high-quality build. Further enhancing its value, a large billboard leased to Lamar Advertising is situated on the property. Subway, a current tenant, recently renewed their lease and completed a full interior remodel, demonstrating confidence in the location. The property is zoned B-2 and is situated in Mahoning County, Ohio, zip code 44515. This property is perfect for an investor seeking a quality shopping center or an owner-user looking to occupy a portion while leasing out the remaining suites.

Property profile
Verified
Property type Commercial real estate
Year built 2004
Total area 8,500 SF
Lot 0.85 ac (37,026 SF)
UPID US66-0044262
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Falcon Commons LLC · 2 yrs held
Falcon Commons LLC
since 2024
3 recorded transactions
2025
Price N/A
2024
$1.0M
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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