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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Strip malls
5500 Youngstown Warren Rd Niles, OH 44446-4849
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-1132619
Property summary
AI-generated overview
This exceptional retail property, located at 5500 Youngstown Warren Rd in Niles, Ohio, presents a significant opportunity for a discerning business. The building, constructed in 1972, offers a total of 10,742 square feet, with 3,100 square feet currently available for lease. Situated on a 0.83-acre lot, the property boasts adequate parking for customers and employees, ensuring convenient access. The property's single-tenant occupancy provides a streamlined and efficient operational environment. The building's location in Trumbull County, Ohio, offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's 3,100 square feet of vacant space provides ample room for expansion or customization to meet specific business needs. The address is easily accessible from major roadways, ensuring high traffic flow and visibility for potential customers. This property is perfect for a business seeking a well-established location with significant potential for growth in a thriving community. The property is zoned for commercial use and is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities. Zip code is 44446.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
CONCRETE
Total area
10,742 SF
Lot
0.83 ac (36,155 SF)
APN
20-008430
UPID
US66-1132619
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
Current use
Occupant on record · Public records
-
Aaron's Rent To Own Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.98M
Owner & transaction history
Vereit Real Estate LP · 6 yrs held
Vereit Real Estate LP
since 2020
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+337.3%
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 Niles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niles 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
$2,235,000
ML approach
$2,260,000
CAP Approach
CAP Return
Estimation
6%
$1,930,000
6.5%
$1,780,000
7%
$1,655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,075,000
Change: +337% · Conversion: Easy
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10% · vs last sale $1.80M (Jan 21 2020)
Last sale anchor
$1.80M
Jan 21 2020
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
$184 / 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
$18,468
Tax year 2023
Assessed value
$343,920
Assessed 2023
Previous assessed
$215,710
+59.4% YoY
Effective rate
5.37%
On assessed value
Assessed land
$88,590
Assessed improvement
$255,330
Land market value
$253,100
Improvement market value
$729,500
Total market value
$982,600
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
10,742 SF
Lot
0.83 ac (36,155 SF)
APN
20-008430
UPID
US66-1132619
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
COMMERCIAL (GENERAL)
Est. value
$2.1M
COMMERCIAL (GENERAL)
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
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Vereit Real Estate LP
Entity
Free & Clear · 6 yrs held
Mailing address
400 GALLERIA PKWY SE, ATLANTA, GA 30339-5980
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2020
$1,804,500
Vereit Real Estate LP
Aarons INC
Grant Deed
—
Feb 9, 2010
$675,000
Aarons INC
Ajh Sales INC
Warranty Deed
—
—
—
Ajh Sales INC
—
Deed Of Trust
related
$427,450 · Standard Insurance Co
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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