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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Outlet malls
501 Churchill Rd Girard, OH 44420-2002
Individually Owned
5-yr Hold
Free & Clear
Property ID
US66-0735404
Property summary
AI-generated overview
This exceptional 8,241 square foot retail property located at 501 Churchill Road in Girard, Ohio, presents a significant opportunity for businesses seeking a prominent location in Trumbull County. The property, identified by APN 14-601800, is a single-tenant space, currently vacant and ready for immediate occupancy. Previously occupied by a Dollar General store, the building offers an open floor plan, providing maximum flexibility for a variety of retail uses. The expansive square footage allows for ample space to create a dynamic and inviting retail environment. The property's location in Girard, Ohio, 44420, offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. With its substantial size and versatile layout, this property is well-suited for a wide range of retail concepts. The property is ready for immediate possession, allowing for a swift and efficient transition for new tenants. This is a rare opportunity to acquire a significant retail space in a desirable location. Serious inquiries are encouraged.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1992
Construction
CONCRETE
Total area
8,241 SF
Lot
0.34 ac (14,810 SF)
APN
14-601800
UPID
US66-0735404
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$770k
Owner & transaction history
V T Larney Ltd · 5 yrs held
V T Larney Ltd
since 2021
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$760,000
+35.6%
Medical building
$675,000
+20.5%
Commercial (general)
$635,000
+13.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Girard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Girard submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$560,000
Current use
RESTAURANT
$760,000
Change: +36% · Conversion: Easy
MEDICAL BUILDING
$675,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$635,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$560,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$525,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,405
Tax year 2023
Assessed value
$114,030
Assessed 2023
Previous assessed
$134,960
-15.5% YoY
Effective rate
5.62%
On assessed value
Assessed land
$12,950
Assessed improvement
$101,080
Land market value
$37,000
Improvement market value
$288,800
Total market value
$325,800
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
8,241 SF
Lot
0.34 ac (14,810 SF)
APN
14-601800
UPID
US66-0735404
Jurisdiction
TRUMBULL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$560,000
RESTAURANT
Est. value
$760,000
MEDICAL BUILDING
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$635,000
OFFICE BUILDING
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$525,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
V T Larney Ltd
Individual
Free & Clear · 5 yrs held
Mailing address
5925 BELMONT AVE, YOUNGSTOWN, OH 44505-1033
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2021
—
V T Larney Ltd
501 Churchill Holdings LLC
Warranty Deed
—
Jan 29, 2021
$151,000
5oi Churchill Holdings LLC
5i3 Girard Oh LLC
Grant Deed
—
Nov 30, 2009
$635,200
513 Girard Oh LLC
Slane Commercial 40-3 Ltd
Warranty Deed
—
Jul 15, 2004
—
Slane Commercial 40-3 Ltd
Slane Co Ltd
Quit Claim Deed
related
$355,000 · Morgan Stanley Mtg Capital INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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