1425 State St Alliance, OH 44601
This exceptional commercial land opportunity in Alliance, Ohio, encompasses 1 to 6 acres at 1425 E State St, offering versatile options for sale or lease, and potential for build-to-suit development. The property is divisible into approximately four 1.6-acre lots, providing ample space for various commercial ventures. Boasting a highly visible location with 12,519 vehicles passing daily, this site benefits from its strategic position across from College Plaza and just one mile east of the University of Mount Union. Its proximity to the Carnation City Mall redevelopment (4 miles east), Meijer, and other retailers ensures a thriving commercial environment. Zoned B-2 Thoroughfare Commercial, the property features impressive frontage: over 540 feet on E State Street and over 740 feet on S Mahoning Avenue. This makes it ideal for restaurants, coffee shops, retail establishments, and other commercial uses. The strong demographics and high traffic count make this a compelling development opportunity in a bustling area. The property's size and zoning provide flexibility for a range of commercial projects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.