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    16123 Armour St Alliance, OH 44601

    For Sale
    $9,999,999

    Massive industrial complex, prime location, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a substantial 480,000 square foot industrial complex situated on a sprawling 153.73-acre lot in Alliance, Ohio. The property boasts significant frontage of approximately 5,756 feet, providing excellent accessibility and visibility. The complex is strategically located and benefits from readily available public utilities, including 3-phase electric service, making it ideal for a variety of industrial uses. A significant portion of the property is currently leased, generating existing income streams. The expansive 153.73-acre site includes a 22+ acre aggregated lot, offering ample space for expansion, future development, or additional buildings. This property presents a rare chance to acquire a large-scale industrial asset with substantial existing infrastructure and significant growth potential. The scale and location of this complex make it an attractive proposition for businesses seeking a substantial footprint in a well-established industrial area. Further details regarding the current lease agreements and potential for expansion are available upon request. This is a truly unique opportunity to acquire a significant industrial property in a prime location. Serious inquiries only.

    Property Features for 16123 Armour St

    General Information

    Property type
    Investment properties
    Lot Size
    6,696,479 SF

    Building Details

    Year Built
    1946
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Building Supply Auto Repair Shop Auto Parts Store Department Store Storage Facility HVAC Service Grocery Store Bar & Pub Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alliance
    County
    Stark
    State
    Ohio
    Longitude
    -81.09055
    Latitude
    40.94558

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    FAQs

    What type of property is this?
    Investment property - Massive industrial complex, prime location, high potential.
    Where is this investment property located?
    The property is located at 16123 Armour St Alliance, OH.
    What is the asking price?
    The asking price for this property is $9,999,999.
    (330) 453-9187
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    16123 Armour St Alliance, OH 44601
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    Alliance, OH 44601
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    Realmo Value Estimation

    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.

    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.

    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
    16123 Armour St Alliance, OH 44601
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