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    Property profile & analytics

    907 North Rd Warren, OH 44484

    • Commercial real estate
    • 8.98 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2768687
    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 907 North Rd

    Lot size
    8.98 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 8.98-acre commercial land parcel presents a remarkable investment opportunity in Warren, Ohio. Strategically located on North Road SE, this property enjoys high visibility and convenient access to major thoroughfares. Its proximity to the former North Road Elementary School ensures a high degree of local awareness and potential for significant foot traffic. All essential public utilities are readily available, simplifying development and reducing upfront costs. The site's advantageous position offers easy commutes to neighboring communities like Howland and Niles, expanding its market reach. Furthermore, its close proximity to a variety of amenities, including medical facilities, restaurants, and the Eastwood Mall Complex, enhances its appeal to a wide range of businesses and potential developers. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments and office buildings to light industrial facilities. This property is zoned for commercial use (verification required by buyer). The address is 907 North Rd SE, Warren, OH 44484, situated in Trumbull County. This prime location and substantial acreage make this an exceptional opportunity for investors seeking a high-impact commercial development project. Detailed site plans and zoning information are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.764316868945
    Latitude
    41.226862273104

    Comparable in this City

    • $60,000
      1.50 Acres

      Land Parcel in Warren, OH

      1.51 acre land parcel suitable for residential development.
      4260 N River Rd NE, Warren, OH 44484
      View Details
    • $129,900
      1.10 Acres

      Prime Warren, OH Development Land

      1.1-acre commercial lot, high traffic
      512 Niles Cortland Rd, Warren, OH 44484
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    • $112,900
      1.80 Acres

      Warren, OH Commercial Land

      1.8 acre commercial land for sale in Warren, OH.
      4256 Youngstown Rd SE, Warren, OH 44484
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    • $129,900
      1.15 Acres

      Prime Warren Land - 1.146 Acres

      High-traffic location, ready for development.
      498 Niles Cortland Rd, Warren, OH 44484
      View Details
    • $50,000
      Pending

      Wooded Land in Warren, OH

      5.6+ acre wooded lot with additional common area.
      Muirwood Dr, Warren, OH 44484
      View Details
    • Contact for pricing

      Prime Land Near Eastwood Mall

      Approximately 9 acres on SR 46 near Eastwood Mall.
      1723-1849 Niles Cortland Rd SE, Warren, OH 44484
      View Details

    Similar Nearby for Sale

    • $60,000
      1.50 Acres

      Land Parcel in Warren, OH

      1.51 acre land parcel suitable for residential development.
      4260 N River Rd NE, Warren, OH 44484
      View Details
    • $129,900
      1.10 Acres

      Prime Warren, OH Development Land

      1.1-acre commercial lot, high traffic
      512 Niles Cortland Rd, Warren, OH 44484
      View Details
    • $112,900
      1.80 Acres

      Warren, OH Commercial Land

      1.8 acre commercial land for sale in Warren, OH.
      4256 Youngstown Rd SE, Warren, OH 44484
      View Details
    • $129,900
      1.15 Acres

      Prime Warren Land - 1.146 Acres

      High-traffic location, ready for development.
      498 Niles Cortland Rd, Warren, OH 44484
      View Details
    • $50,000
      Pending

      Wooded Land in Warren, OH

      5.6+ acre wooded lot with additional common area.
      Muirwood Dr, Warren, OH 44484
      View Details
    • Contact for pricing

      Prime Land Near Eastwood Mall

      Approximately 9 acres on SR 46 near Eastwood Mall.
      1723-1849 Niles Cortland Rd SE, Warren, OH 44484
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,046 SF

      Warren, OH Meijer Retail Space

      1,046 SF In-Store Retail
      2100 Niles Cortland Rd, Warren, OH 44484
      View Details
    • $10 SF/Yr
      12,900 SF

      Niles Retail Space - 12,900 SF

      Prime Niles retail space, 12,900 sq ft, highway commercial zoning.
      5555 Youngstown Warren Rd, Niles, OH 44484
      View Details
    • Contact for pricing
      1,590 SF

      Medical Office Spaces Available

      Multi-tenant building with medical office spaces for rent.
      3843-4013 E Market St, Warren, OH 44484
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    • $12 SF/Yr
      11,400 SF

      Warren Retail Space - Prime Location

      11,400 SF Single-Tenant Retail Building
      2840 Youngstown Rd, Warren, OH 44484
      View Details
    • Contact for pricing
      650 SF

      Office Space in Central Howland

      Office space available at the intersection of Niles Cortland Road.
      8200-8264 E Market St, Warren, OH 44484
      View Details
    • Contact for pricing
      18,460 SF

      Warren Retail Space - 18,460 SF

      Prime retail space, 1.67 acres, Ohio.
      2075 Niles Cortland Rd, Warren, OH 44484
      View Details
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    Warren, OH 44484
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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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