Property profile

8598 Market St Youngstown, OH 44512

OFF-MARKET
Auto shops
Property ID
US66-1525975
5,300 SF 1.12 ac lot Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 8598 Market Street in Boardman, Ohio, presents a unique investment opportunity. Situated on a sizable lot ranging from 1.1 to 2.3 acres, this property boasts a highly desirable location at the northwest corner of Market Street and Western Reserve Road, directly across from a Sheetz convenience store. The property's zoning is designated as Commercial, offering flexibility for a variety of retail uses. The parcel's APN is 29-096-0-006.07 within Mahoning County. This single-tenant property is ideal for developers seeking a build-to-suit arrangement or those interested in a ground lease. The property's high visibility and proximity to a major thoroughfare and established businesses make it an attractive prospect for businesses seeking strong foot traffic and convenient access. The property is classified as Retail and Land, offering significant potential for development and long-term growth. The address is verified as 8598 Market St, Boardman, OH 44512. This is a rare opportunity to secure a prime retail location in a thriving area. The property's size and location offer significant potential for a variety of retail businesses. The landlord is open to collaborating on a build-to-suit project or a ground lease agreement, providing flexibility for potential tenants.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1990
Total area 5,300 SF
Lot 1.12 ac (48,700 SF)
APN 29-096-0-006.07-0
UPID US66-1525975

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
  • Car Dealership
  • Auto Parts Store
  • Auto Repair Shop
  • Auto Repair Shop

Location

8598 Market St Youngstown, OH 44512-6728
Youngstown metro Census 812001 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$496k
Blend (final) Blend
$275k

Owner & transaction history

since 2019
3 recorded transactions
2019
$390,000
2017
Price N/A
2012
$270,000

Zoning & alternative use

Top alternative use upside
Medical building $505,000 +12.2%
Retail stores $490,000 +8.9%

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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