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    1255 Mahoning Ave Alliance, OH 44601

    Sponsored
    For Sale
    $74,900

    Huge Warehouse, 8.17 Acres, Great Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8.17-acre industrial property in Alliance, Ohio, presents a rare investment opportunity. The site includes a substantial 8,568 square foot warehouse building, ideally suited for a variety of industrial uses. The warehouse boasts impressive features including three 3-phase electrical services, a large overhead crane for heavy lifting, gas tube heaters for efficient climate control, multiple overhead doors for easy access, a convenient loading dock for streamlined operations, dedicated office space, and restrooms. The building's robust construction reflects its history as a former manufacturing facility, having served as the Merrick Lewis Alliance Machine, Chris Craft Factory, and Daisy BB Gun Manufacturing Warehouse. While some TLC is needed, the building's solid foundation and substantial features offer significant potential for redevelopment or repurposing. The property's I-2 zoning provides flexibility for various industrial applications. This expansive acreage, coupled with the substantial warehouse, represents a unique chance to acquire a significant industrial asset in a strategic location. The property's history and size make it an attractive proposition for investors and businesses seeking a substantial footprint in Alliance, Ohio. Serious inquiries are encouraged.

    Property Features for 1255 Mahoning Ave

    General Information

    Property type
    Investment properties
    Lot Size
    355,885 SF

    Building Details

    Year Built
    1923
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alliance
    County
    Stark
    State
    Ohio
    Longitude
    -81.08739
    Latitude
    40.90852

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    FAQs

    What type of property is this?
    Investment property - Huge Warehouse, 8.17 Acres, Great Potential
    Where is this investment property located?
    The property is located at 1255 Mahoning Ave Alliance, OH.
    What is the asking price?
    The asking price for this property is $74,900.
    (330) 453-9187
    Request Owner's contact information
    1255 Mahoning Ave 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
    1255 Mahoning Ave Alliance, OH 44601
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