2505-2587 Parkman Rd NW | Warren, OH 44485
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- LoopNet Team
2505-2587 Parkman Rd NW
Warren, OH 44485
Trumbull Plaza · Retail Property For Sale
Investment Highlights
- RARE EXTREME VALUE ADD OPPORTUNITY
- Priced Far Below Replacement Cost at $21.60 Per Square Foot
- Grocery Anchored by Sparkle Market (Regional Chain of 18 Stores)
- 24% Actual Occupancy Provides Significant Upside
- Projected Lease Up Adds Over $3,400,000 of Value
- Includes Future Outlot Opportunity Adjacent McDonald’s
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
86,818 SF
Building Class
C
Year Built/Renovated
1957/1987
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
13.15 AC
Parking
1,029 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 39-205725 | Improvements Assessment | $560,980 |
| Land Assessment | $124,010 | Total Assessment | $684,990 |
PROPERTY TAXES
Parcel Number
39-205725
Land Assessment
$124,010
Improvements Assessment
$560,980
Total Assessment
$684,990
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