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Property profile & analytics
OFF-MARKET
Commercial land
2155 State St Alliance, OH 44601-3505
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1359959
Property summary
AI-generated overview
This exceptional Class A property, located at 2155 W State St in Alliance, OH 44601, presents a unique opportunity for retail development. The 1.8-acre lot boasts 90 feet of frontage on a signalized corner, offering high visibility and accessibility. The existing 4,800 square foot building, renovated in 2022, is available and adaptable to various retail uses. Featuring a three-bay garage with oversized doors (two 10ft wide x 12ft high, one 10ft wide x 10ft high), the building offers versatile space. The property includes ample parking for 100-135 vehicles. Its strategic location in the Canton/Akron submarket, within walking distance of a new Meijer development and across from Aldi, ensures high traffic volume (over 20,000 vehicles per day). The B-2 zoning allows for a wide range of retail uses. This shovel-ready site is ideal for businesses seeking high visibility and convenient access in a thriving retail corridor. The property is served by electric power.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1926
Construction
WOOD FRAME
Total area
2,106 SF
Lot
0.76 ac (33,106 SF)
APN
77-01035
UPID
US66-1359959
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alihassan Land Co Ltd · 5 yrs held
Alihassan Land Co Ltd
since 2021
Last sale
$160,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alliance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alliance submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,514
Tax year 2023
Assessed value
$102,200
Assessed 2023
Previous assessed
$102,200
+0.0% YoY
Effective rate
4.42%
On assessed value
Assessed land
$102,200
Land market value
$292,000
Total market value
$292,000
Applied tax rate
740.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1926
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
2
Bathrooms
2
Total area
2,106 SF
Lot
0.76 ac (33,106 SF)
APN
77-01035
UPID
US66-1359959
Jurisdiction
STARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1926
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Alihassan Land Co Ltd
Entity
Mailing address
2105 S UN AVE, ALLIANCE, OH 44601-4961
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
$160,000
Alihassan Land Co Ltd
Mark Cerreta
Fiduciary Deed
$1,000,000 · The Farmers National Bank Of Canfie
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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