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

    Enterprise Dr, OH

    • Industrial land
    • 1.25 lot acres
    OFF-MARKET
    Last Sale
    Mar 02, 2023
    $48,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-0775357
    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

    • Industrial land

    Property Details

    Lot size
    1.25 lot acres
    Property type
    Industrial land
    APN
    40-293355
    APU
    40293355

    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
    Enterprise Dr
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.8751
    Latitude
    41.2383
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      Frnt St

      INDUSTRIAL - VACANT LAND • 0.11 Acres
      Frnt St, St, OH
      View Details
    • Value Estimation by Request
      1.09 Acres

      Saffield Rd, OH

      INDUSTRIAL - VACANT LAND • 1.09 Acres
      Saffield Rd, OH
      View Details
    • Value Estimation by Request
      0.13 Acres

      Carolina, OH

      INDUSTRIAL - VACANT LAND • 0.13 Acres
      Carolina, OH
      View Details
    • Value Estimation by Request

      Crumrine, OH

      INDUSTRIAL - VACANT LAND
      Crumrine, OH
      View Details
    • Value Estimation by Request

      Belgrade, OH

      INDUSTRIAL - VACANT LAND
      Belgrade, OH
      View Details
    • Value Estimation by Request
      0.31 Acres

      E

      INDUSTRIAL - VACANT LAND • 0.31 Acres
      E, Kemper Rd, OH
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Parcel with Road Access

      Land suitable for industrial or commercial use with utilities.
      4400 Oh-29, West Jefferson, OH
      View Details
    • $4,930,770

      Shovel-Ready Industrial Land Opportunity

      126.43 acres of industrial land near I-80 interchange.
      15562 N C.r. 30, Pioneer, OH
      View Details
    • $425,000

      Prime Land Parcel For Sale

      Land parcel adjacent to Amazon distribution center in Lockbourne, OH.
      2400 Rohr Rd, Lockbourne, OH
      View Details
    • $7,100,000

      56.78 Acres Industrial Land

      56.78 acres of industrial land for sale.
      2420 Us Rt 68, Wilmington, OH
      View Details
    • $880,000

      Piqua I-75 Industrial Park Land

      16-acre industrial land with I-75 visibility and tax abatement.
      Cromes Dr, Piqua, OH
      View Details
    • $1,135,380

      Industrial Land Ready for Development

      Manufacturing and distribution park with utilities and highway access.
      7002 Integrity Dr, Rossford, OH
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      250-Acre Master Planned Business Park

      Sites available from 3 to 15 acres for lease.
      Cochran Rd, Glenwillow, OH
      View Details
    • Contact for pricing

      Wickliffe Industrial Land For Rent

      11 acre industrial land for rent, build-to-suit opportunity.
      Bailey, Wickliffe, OH
      View Details
    • Contact for pricing
      8,000 SF

      Walton Hills Warehouse with Storage

      8,000 SF warehouse with 1.5 acres of outdoor storage.
      7540 Northfield Rd, Walton Hills, OH
      View Details
    • Contact for pricing
      431,045 SF

      Land/Build-to-Suit Opportunity in Ohio

      Land/build-to-suit opportunity in Pickaway County, Ohio.
      210 Kenmore Blvd, Commercial Point, OH
      View Details
    • Contact for pricing

      Prime Industrial Site on I-77

      2.5 acre industrial site, build to suit opportunity.
      3300 Bruening Cir SW, Canton, OH
      View Details
    • Contact for pricing

      Euclid Industrial Land for Lease

      Industrial land for lease with excellent highway access.
      Bluestone Blvd, Euclid, OH
      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.
    Enterprise Dr, OH
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.