Property profile

611 E Main St Canfield, OH 44406

FOR SALE
Commercial land
Property ID
US66-1526812
9,880 SF 1.15 ac lot Built 1954
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial land offering presents a significant redevelopment opportunity in the thriving city of Canfield, Ohio. Located at 611 E Main St, this property boasts a prime location directly on US 224, with convenient access to State Route 11 via its on/off ramp. The site encompasses approximately 13.72 acres, providing ample space for a variety of commercial ventures. With approximately 240 feet of frontage along US 224, the property offers exceptional visibility and accessibility for potential businesses. The property's zoning is designated as B3/R1, allowing for a range of development possibilities. The parcel includes three separate APNs: 28-025-0-001, 002, and 003. Situated in Mahoning County, this location benefits from a strong local economy and a desirable demographic profile. This is an unparalleled chance to acquire a substantial land parcel in a high-traffic area, ideal for developers seeking a prime location for a new commercial project. The property is available for sale and ready for its next chapter. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1954
Total area 9,880 SF
Lot 1.15 ac (50,094 SF)
APN 28-028-0-002.00-0
UPID US66-1526812

Cap rate & NOI

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

Location

611 E Main St Canfield, OH 44406
Canfield metro Census 812102 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$950k
Blend (final) Blend
$680k

Owner & transaction history

since 2015
2 recorded transactions
2021
Price N/A
2015
$550,000

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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