Technical
Financial
Distress signals
Property profile

8578 Market St Youngstown, OH 44512

OFF-MARKET
Strip malls
Property ID
US66-2196991
20,866 SF 1.47 ac lot Built 1963
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 8578 Market Street in Boardman, Ohio (zip code 44512), offers a total of 20,870 square feet of retail, restaurant, or special purpose space. The building is divided into three suites, providing flexibility for various business needs. Currently, there is 18,100 square feet of vacant space available, offering significant opportunities for expansion or multiple tenants. The minimum divisible space is 5,000 square feet, while the maximum contiguous space available is 18,100 square feet. The property's prime location ensures high visibility and accessibility for customers. One available space previously housed a charcuterie board business (2,803 sq ft) and will be available January 1st, 2025. Another significant portion (9,180 sq ft) was formerly occupied by a Family Dollar store, which underwent renovations in late 2019 and has a lease extending until January 31st, 2029. An additional 8,920 square feet of space is available adjacent to the Family Dollar space. This property presents a unique opportunity for businesses seeking high-visibility locations in a thriving commercial area. The property is situated in Boardman, Ohio, offering excellent access to major transportation routes and a strong customer base. This versatile space is ideal for a variety of retail or restaurant concepts, or a business requiring a large, adaptable footprint.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Total area 20,866 SF
Lot 1.47 ac (64,120 SF)
APN 29-096-0-006.09-0
UPID US66-2196991

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Specialty Food Shop Butcher
  • Discount Store

Location

8578 Market St Youngstown, OH 44512-6726
Youngstown metro Census 812001 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$584k
Blend (final) Blend
$625k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2022
Price N/A
2017
Price N/A
2005
$700,000

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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