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Property profile & analytics
OFF-MARKET Estimated value $1,565,000
Outlet malls

1425 State St Alliance, OH 44601

62,040 SF 10.51 ac lot Built 1968
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-0730909
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1968
Construction CONCRETE
Total area 62,040 SF
Lot 10.51 ac (457,816 SF)
APN 01-13663
UPID US66-0730909
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.57M
Owner & transaction history
Rss 1425 East State Street LLC · 2 yrs held
Rss 1425 East State Street LLC
since 2024
5 recorded transactions
2024
$637,000
2019
Price N/A
2010
$220,000
2010
Price N/A
2006
$2.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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