5720 Market St Youngstown, OH 44512-2602
This exceptional 1,950 square foot auto shop, located at 5720 Market Street in Boardman, Ohio (Mahoning County, zip code 44512), presents a lucrative investment opportunity. The property sits on a 1.4-acre lot with prominent corner visibility and boasts 169 feet of frontage on Market Street. Built in 2023, this single-story building features three drive-in bays, perfect for servicing vehicles. Recent improvements include a new roof and a freshly paved parking lot, enhancing both functionality and curb appeal. The property also includes a fenced yard area, providing ample secure space for storage or operations. Adding to its financial appeal, this location benefits from free gas and generates additional income through a billboard lease. The property is zoned for commercial use (APN: 29-064-0-364.00-0) and is ideally situated adjacent to an Enterprise Truck Rental, ensuring high traffic and visibility. This turnkey operation offers immediate income potential and significant redevelopment possibilities. The property's strategic location and existing infrastructure make it an attractive investment for both established businesses and entrepreneurs seeking a high-traffic location in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.