405 Niles Cortland Rd SE
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405 Niles Cortland Rd SE
9,810 SF 85% Leased Office Building Warren, OH 44484 $1,200,000 ($122/SF)
INVESTMENT HIGHLIGHTS
- Well maintained
- Good rental history
- Great location
EXECUTIVE SUMMARY
Exceptional 10,000 square foot Howland office building located along the busy Niles Cortland Road corridor. This attractive well
maintained building was constructed in 2000 and contains five separate suites ranging in size from 700 sq ft to 3300 sq ft. It is situated on 1.2 acres and offers plenty of parking, an elevator, a courtyard area, and some recently updated systems. It has a good rental history with long time tenants. Separate utilities for each suite for electric and gas. Make this unique property your new office, or just a great investment.
maintained building was constructed in 2000 and contains five separate suites ranging in size from 700 sq ft to 3300 sq ft. It is situated on 1.2 acres and offers plenty of parking, an elevator, a courtyard area, and some recently updated systems. It has a good rental history with long time tenants. Separate utilities for each suite for electric and gas. Make this unique property your new office, or just a great investment.
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,810 SF
Building Class
B
Year Built
2000
Price
$1,200,000
Price Per SF
$122
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,905 SF
Building FAR
0.19
Lot Size
1.17 AC
PROPERTY TAXES
| Parcel Number | 28-442881 | Total Assessment | $318,720 (2023) |
| Land Assessment | $64,230 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $254,490 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
28-442881
Land Assessment
$64,230 (2023)
Improvements Assessment
$254,490 (2023)
Total Assessment
$318,720 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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405 Niles Cortland Rd SE
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