Flex Building with Overhead
For Sale
$349,900
818 S Arch Ave, Alliance, OH 44601
Commercial building on a sizable lot with parking, expansion room, and a configuration suited to varied business operations.
Property Size3,669 SF
Lot Size0.74 Acres
Price / SF$95.37
Days on Market86
Property Features for 818 S Arch Ave
General Information
Standard status
Active
Size
3,669 SF
Lot size
0.74 Acres
Building Details
Year Built
1980
Buildings
1
Building Size
3,669 SF
Listing Agency:
Tanner Real Estate Co.
Listed By:
Lisa M Trummer · License #2006001890
(330) 257-0870
Source:
Theacclaimedrealty
Added: Jul 22
Changed: Oct 14
Last Checked: Oct 12 at 10:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tanner Real Estate Co.
Investment Insights
Based on property information with market context.
This flex property includes a 3,669-square-foot commercial building on a 0.74-acre parcel. The structure was built in 1980 and has five overhead doors, including four measuring 9 feet and one measuring 12 feet. The combination of enclosed space, vehicle access, parking, and additional land supports a range of commercial configurations.
Located at 818 S Arch Avenue in Alliance, Ohio, the property offers a physical setup adaptable to businesses requiring both building space and overhead-door access. The parcel also provides room for expansion, subject to applicable approvals and site requirements.
Located at 818 S Arch Avenue in Alliance, Ohio, the property offers a physical setup adaptable to businesses requiring both building space and overhead-door access. The parcel also provides room for expansion, subject to applicable approvals and site requirements.
Key Highlights
- 3,669‑square‑foot flex building on a 0.74‑acre lot
- Five overhead doors: four 9‑foot doors and one 12‑foot door
- Parking included with additional room to expand
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,396
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,920
$247.9K
Cap Rate 7%
$177,086
$177.1K
Cap Rate 9%
$137,733
$137.7K
Market Conditions
NOI Build-Up for 3,669 SF
Gross rent
$18.0K $4.91/SF
− Vacancy
−$306 −$0.08/SF
EGI
$17.7K $4.83/SF
− OpEx
−$5.3K −$1.45/SF
NOI
$12.4K $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%
$247,920
Cap Rate 7%
$177,086
Cap Rate 9%
$137,733
Alternative Uses
Best Use
Industrial
$177.1K
$155.0K – $206.6K
NOI $12,396 @ 7.0% cap · market cap 3.54%
Second Best
Flex RnD
$161.1K
$141.0K – $187.9K
NOI $11,276 @ 7.0% cap · market cap 3.22%
Theoretical Best
Retail
$957.9K
$838.2K – $1.12M
NOI $67,056 @ 7.0% cap · market cap 19.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Under-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
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- BJ's Kitchen LLC — 1110 Willow Ave, Alliance, OH 44601
Frequently Asked Questions
What type of property is this?
Flex space - Commercial building on a sizable lot with parking, expansion room, and a configuration suited to varied business operations.
Where is this flex space located?
The property is located at 818 S Arch Ave Alliance, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 3,669‑square‑foot flex building on a 0.74‑acre lot; Five overhead doors: four 9‑foot doors and one 12‑foot door; Parking included with additional room to expand
