Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7605 Market St Youngstown, OH 44512

    • Commercial real estate
    • 5,184 SF
    • 0.62 lot acres
    For Lease
    View listing
    $7 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1915197
    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

    • Commercial real estate

    Property Details for 7605 Market St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    5,184 SF
    Property type
    Commercial real estate
    APN
    29-032-0-090.00-0
    APU
    290320090000

    Description

    This exceptional 5,297 square foot commercial property, located at 7605 Market Street in Boardman, Ohio (zip code 44512), presents a unique opportunity for a single tenant. The building, situated in Youngstown, OH, offers a versatile space ideal for executive offices or retail use. The property features a total of 5,297 square feet, all of which is currently vacant, providing immediate occupancy for a new business. The building is a two-story structure, offering ample space for various configurations to suit specific business needs. The property's location in Boardman provides excellent access to major transportation routes, ensuring convenient commutes for employees and clients. This single-tenant occupancy allows for complete control and customization of the space. The property type is classified as both retail and office, making it suitable for a wide range of businesses. The address is easily accessible and highly visible, offering excellent potential for brand exposure. This is a rare opportunity to secure a substantial, fully vacant commercial space in a desirable location. The property is ready for immediate occupancy and offers significant potential for growth and success. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $650,000
      6.5%
      $600,000
      7%
      $555,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $449,000
      Market price range: $180k - $781k
      AI Estimate
      $708,000
      Market price range: $411k - $854k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $410,000
      Current use
      RESTAURANT
      $935,000
      Change: +129% Conversion: Difficult
      MEDICAL BUILDING
      $495,000
      Change: +21% Conversion: Easy
      RETAIL STORES
      $480,000
      Change: +18% Conversion: Easy
      AUTO REPAIR, GARAGE
      $440,000
      Change: +8% Conversion: Difficult
      OFFICE BUILDING
      $375,000
      Change: -8% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.6622
    Latitude
    41.0163
    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
    $6,960
    $59,470
    $39,530
    $99,000
    -
    $169,920
    $112,940
    $282,860

    Comparable in this City

    • Value Estimation by Request
      0.76 Acres

      Ww Blvd

      COMMERCIAL (GENERAL) • 0.76 Acres
      Ww Blvd, Youngstown, OH 44512
      View Details
    • Value Estimation by Request
      43.67 Acres

      410 Mcclurg Rd

      COMMERCIAL (GENERAL) • 43.67 Acres
      410 Mcclurg Rd, Youngstown, OH 44512-6403
      View Details
    • Value Estimation by Request
      0.86 Acres

      Lemans Dr

      COMMERCIAL (GENERAL) • 0.86 Acres
      Lemans Dr, Youngstown, OH 44512
      View Details
    • Value Estimation by Request
      0.16 Acres

      Parkside Dr

      COMMERCIAL (GENERAL) • 0.16 Acres
      Parkside Dr, Youngstown, OH 44512
      View Details
    • Value Estimation by Request
      2.02 Acres

      Tod Ave

      COMMERCIAL (GENERAL) • 2.02 Acres
      Tod Ave, Youngstown, OH 44512
      View Details
    • Value Estimation by Request
      0.32 Acres

      7870 Southern Blvd

      COMMERCIAL (GENERAL) • 0.32 Acres
      7870 Southern Blvd, Youngstown, OH 44512-6022
      View Details

    Similar Nearby for Sale

    • $285,000
      2.30 Acres

      Prime Youngstown Commercial Land

      2.3 Acres, High Visibility, I-680 Access
      8177 South Ave, Youngstown, OH 44512
      View Details
    • $749,500
      3.70 Acres

      Downtown Lincoln Office Space

      Prime Office Suites, Flexible Leasing
      8524 Market St, Youngstown, OH 44512
      View Details
    • Contact for pricing
      0.50 Acres

      Market Street Retail Opportunity

      Youngstown, OH Mixed-Use Property - 0.5 Acres
      8420 Market St, Youngstown, OH 44512
      View Details
    • $1,032,000
      2.13 Acres

      472 Boardman-Canfield Rd

      Land • 2.13 Acres
      472 Boardman-Canfield Rd, Youngstown, OH 44512
      View Details
    • $399,000
      5.20 Acres

      Prime Boardman Commercial Land

      5.2 Acres, High Visibility, Ideal Location
      0 South Ave, Boardman, OH 44512
      View Details
    • $1,000,000
      11.20 Acres

      Prime Industrial Land in Youngstown, OH

      11.2 Acres, High Traffic Area, $1M
      7357 Southern Blvd, Youngstown, OH 44512
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      100,188 SF

      Prime Boardman Retail Opportunity

      High-traffic location, build-to-suit available
      8598 Market St, 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
      View Details
    • Contact for pricing
      30,000 SF

      Retail Space Near Major Retailers

      11,220 SF retail space with ample parking and signage.
      550 Boardman Poland Rd, Youngstown, OH 44512
      View Details
    • Contact for pricing
      4,172 SF

      Versatile Retail or Office Space

      Adaptable space suitable for retail, office, or spa use.
      7250 West Blvd, Youngstown, OH 44512
      View Details
    • $12 SF/Yr
      1,720 SF

      Retail Space Near Southern Park

      Inline retail space across from Southern Park Mall.
      84 Boardman Poland Rd, Youngstown, OH 44512
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7605 Market St
    Youngstown, OH 44512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.