Automotive Shop with Two
320 Hester Avenue, Alliance, OH 44601
For Sale
New
$159,900
CommercialSale, Alliance, OH
Property Size1,352 SF
Lot Size0.27 Acres
Price / SF$118.27
Days on Market3
Property Features for 320 Hester Avenue
General Information
Property type
Property subtype
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
garages
office
restroom
fenced parking lot
Building Details
Year built
Buildings
Listing Agency:
Tanner Real Estate Co.
(330) 823-8880
Listed By:
Lisa M Trummer · License OH #2006001890
(330) 257-0870
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 5260168
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,352-square-foot automotive property includes two garages, an office, and a restroom. The building dates to 1947 and has natural gas heating and gas cooling. A fenced parking area is part of the property, which measures 0.27 acres.
Commercial zoning is in place. The former business occupying the building was Blasiman Fire Equipment and Exit Lighting.
Commercial zoning is in place. The former business occupying the building was Blasiman Fire Equipment and Exit Lighting.
Key Highlights
- 1,352‑square‑foot building on a 0.27‑acre parcel
- Two garage bays, office, and restroom
- Fenced parking area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,568
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$91,360
$91.4K
Cap Rate 7%
$65,257
$65.3K
Cap Rate 9%
$50,756
$50.8K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$6.6K $4.91/SF
− Vacancy
−$113 −$0.08/SF
EGI
$6.5K $4.83/SF
− OpEx
−$2.0K −$1.45/SF
NOI
$4.6K $3.38/SF
Area
Stark County, OH
Vacancy
1.70%
Lease Rate
$4.91 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$91,360
Cap Rate 7%
$65,257
Cap Rate 9%
$50,756
Alternative Uses
Best Use
Retail
$353.0K
$308.9K – $411.8K
NOI $24,710 @ 7.0% cap · market cap 15.45%
Second Best
Industrial
$65.3K
$57.1K – $76.1K
NOI $4,568 @ 7.0% cap · market cap 2.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44601, OH
33,688
Population
14,532
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
82.0 sq mi
ZIP Area
411
Density / Sq Mi
$61,887
Median Household Income
$33,773
Median Earnings
$803
Median Rent
$142,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Affordable Auto Glass — 15 W Oxford St, Alliance, OH 44601
- Alliance Discount Radiator — 246 S Liberty Ave, Alliance, OH 44601
- Broadway Auto Parts & Repair — 300 S Mahoning Ave, Alliance, OH 44601
- K.A.R.S. Kale's Auto Repair Service — 157 Prospect St, Alliance, OH 44601
- W.R. Automotive & Customs LLC. — 1445 E Patterson St, Alliance, OH 44601
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial zoning, an office, and a restroom support a range of business operations.
Where is this auto shop located?
The property is located at 320 Hester Avenue Alliance, OH.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1,352‑square‑foot building on a 0.27‑acre parcel; Two garage bays, office, and restroom; Fenced parking area
