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    Property profile & analytics

    628 Boardman Canfield Rd Youngstown, OH 44512-4706

    • Bowling alleys
    • 36,188 SF
    • 3.27 lot acres
    OFF-MARKET
    Value Estimations
    $670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1272109
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bowling alleys

    Property Details for 628 Boardman Canfield Rd

    Year built
    1965
    Lot size
    3.27 lot acres
    Property size
    36,188 SF
    Property type
    Bowling alleys
    APN
    29-067-0-060.00-0
    APU
    290670060000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $670,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.6803
    Latitude
    41.0255
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,398
    $112,170
    $286,290
    $398,460
    -
    $320,490
    $817,980
    $1,138,470

    Comparable in this City

    • Value Estimation
      $315,000
      19,596 SF

      7524 Market St

      BOWLING ALLEY • 19,596 SF
      7524 Market St, Youngstown, OH 44512-6040
      View Details
    • Value Estimation
      $715,000
      37,642 SF

      7401 Market St

      THEATER (MOVIE) • 37,642 SF
      7401 Market St, Youngstown, OH 44512-5621
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    • Value Estimation
      $700,000
      33,333 SF

      7420 Ss Ave

      THEATER (MOVIE) • 33,333 SF
      7420 Ss Ave, Youngstown, OH 44512-5719
      View Details
    • Value Estimation
      $855,000
      64,096 SF

      360 Mcclurg Rd

      SKATING RINK, ICE SKATING, ROLLER SKATING • 64,096 SF
      360 Mcclurg Rd, Boardman, OH 44512-6401
      View Details
    • Value Estimation by Request
      4,000 SF

      3960 South Ave

      Retail properties • 4,000 SF
      3960 South Ave, Youngstown, OH 44512
      View Details
    • Value Estimation by Request
      0.44 Acres

      40 Boardman Poland Rd

      Land • 0.44 Acres
      40 Boardman Poland Rd, Youngstown, OH 44512
      View Details

    Similar Nearby for Sale

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      Boardman Business Building - Great Potential

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      Industrial Land for Sale in Youngstown, OH

      1.837 Acres, High Traffic Industrial Area
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      0.17 Acres

      Land in Youngstown, Ohio

      Wooded lot in Boardman LSD, Boardman township.
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    • Contact for pricing
      0.08 Acres

      Land in Boardman, Ohio

      Double lot available in Boardman, Ohio.
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    Similar Nearby for Lease

    • Contact for pricing
      100,188 SF

      Prime Boardman Retail Opportunity

      High-traffic location, build-to-suit available
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      View Details
    • Contact for pricing
      1,790 SF

      Prime Youngstown Office Suites

      Two Suites Available, 840-950 sq ft
      1305 Boardman-Canfield Rd, Youngstown, OH 44512
      View Details
    • $17 SF/Yr
      3,772 SF

      Retail Space in High-Traffic Area

      Retail space in Boardman, close to major retailers.
      7375 South Ave, Youngstown, OH 44512
      View Details
    • $625 /Mo
      1,000 SF

      Office Space on US 224

      Multi-tenant office building with move-in ready suites and ample parking.
      860 Boardman Canfield Rd, Youngstown, OH 44512
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    • $15 SF/Yr
      2,800 SF

      Corner Office Space Available

      Office space for rent at a high visibility location.
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    • $16 SF/Yr
      3,100 SF

      Well-Maintained Medical/Office Building For Rent

      Two well-maintained brick buildings, medical and office, built in 2006.
      8170 South Ave, Youngstown, OH 44512
      View Details
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    628 Boardman Canfield Rd
    Youngstown, OH 44512-4706
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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