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    8024 Market St Warren, OH 44484-2264
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    Property profile & analytics

    8024 Market St, Warren, OH 44484-2264

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    • Strip malls
    • 7,617 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Feb 5, 2025
    $600,000
    Property ID
    US66-2500820
    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.

    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Howland Bean / Cafe & Coffee Shop
    • Le'shoppe Hair Designs / Hair Salon / Nail Salon

    Property Details for 8024 Market St

    Year built
    1950
    Lot size
    1.00 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    28-493751
    APU
    28493751

    Description

    This exceptional 7,617 square foot shopping center in Warren, Ohio presents a compelling investment opportunity. Located at 8024 E Market St, this fully leased, single-story building boasts 100% occupancy, generating a strong return. Built in 1950, the property sits on a one-acre corner lot in a prime location, zoned CRD-2. Its strategic position near Howland High School and Akron Children's Hospital ensures high visibility and consistent foot traffic. The property's multi-tenant configuration provides diversification and stability. With an asking price of $625,000, this translates to $82.05 per square foot, reflecting a solid value proposition in the current market. This is a rare chance to acquire a proven, income-producing asset in a thriving area of Trumbull County. The property's strong tenancy and desirable location make it an ideal addition to any investment portfolio. Don't miss this opportunity to secure a stable and profitable investment in a high-demand retail market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $500,000
      ML approach
      $635,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $355,000
      Current use
      OFFICE BUILDING
      $815,000
      Change: +132% Conversion: Moderate
      MEDICAL BUILDING
      $790,000
      Change: +124% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $670,000
      Change: +90% Conversion: Difficult
      RESTAURANT
      $660,000
      Change: +87% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $635,000
      Change: +80% Conversion: Difficult
      RETAIL STORES
      $620,000
      Change: +76% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7477
    Latitude
    41.2379
    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
    $9,100
    $36,120
    $101,960
    $138,080
    -
    $103,200
    $291,300
    $394,500
    More about this property
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