6150 Ctr Rd, Unit 6160 Lowellville, OH 44436-9521
- Office buildings
- 1,288 SF
- 1.17 lot acres
Current Use by Public Records
- Ravana Industries / Machine Shop
- Jpi Painting Inc / Contractor
Property Details for 6150 Ctr Rd
- Year built
- 1973
- Lot size
- 1.17 lot acres
- Property size
- 1,288 SF
- Property type
- Office buildings
- APN
- 35-099-0-009.00-0
- APU
- 350990009000
Description
This exceptional investment opportunity presents five fully leased warehouse buildings totaling 26,328 square feet on a 2-acre lot in Lowellville, Ohio. Strategically located near the Ohio/Pennsylvania border, this property boasts a 100% occupancy rate with five individual units, each offering unique square footage. Building sizes range from 1,486 square feet to 12,117 square feet. The buildings feature a 60-foot clear span, 36-foot peak ceiling height, and are equipped with two overhead cranes: one 25-ton crane and one 5-ton crane, both with 19-foot under hook clearances. The asking price is $995,000, representing $37.79 per square foot and $199,000 per unit. This fully leased portfolio offers a strong return on investment with minimal vacancy risk and significant upside potential. The property's prime location and excellent condition make it an attractive asset for discerning investors seeking a stable and profitable addition to their portfolio. The address is 6150-6170 Center Rd, Lowellville, OH 44436.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $900,000
- 6.5%
- $960,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,020,000
- Geo Method
- $1,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $855,000
- Retail
- $850,000
- Mixed-Use
- $1,045,000
- Hospitality
- $1,015,000
- Educational
- $1,030,000
- Residential Income
- $1,060,000
- Energy
- $905,000
- Income-Based Land
- $1,050,000
- Food Service
- $765,000
Location Insight
- Map
- Local Demand
- City
- Lowellville
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.5357
- Latitude
- 41.0245
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA