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5001 Mahoning NW Ave Warren, OH 44483-1407

Drug stores Google Maps
11,380 SF 1.21 ac lot Built 1997
Entity Owned Free & Clear
Estimated value (blended)
$545k
Range $491k – $600k (±10%)
Property ID US66-2458810

Property summary

AI-generated overview

This exceptional freestanding retail property, formerly a Rite Aid, presents a unique investment opportunity in Warren, Ohio. Located at 5001 Mahoning Ave NW, this 11,233 square foot building sits on a generous 1.21-acre lot, offering ample space for a variety of commercial uses. The property is zoned C Commercial District, allowing for flexibility in its future development. The building is currently vacant, providing immediate occupancy for a new tenant. Its convenient location on Mahoning Ave NW, with a cross street of Champion Ave, ensures high visibility and accessibility for customers. The property's size and location within Trumbull County make it an ideal site for a range of retail businesses. The substantial lot size provides ample parking and potential for expansion or outdoor amenities. This is a rare opportunity to acquire a well-situated, sizable retail space in a thriving commercial area. The property is available for both sale and lease, offering flexibility to suit various business needs and investment strategies. Detailed property information and specifications are available upon request. This prime location offers significant potential for growth and profitability.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1997
Construction WOOD FRAME
Total area 11,380 SF
Lot 1.21 ac (52,882 SF)
APN 46-121610
UPID US66-2458810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Pharmacy
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2025
Last sale
$450,500
3 recorded transactions
2025
$450,500
2016
$1,190
2005
$2.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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