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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Auto shops
2165 State St, Alliance, OH 44601-3505
Entity Owned
3-yr Hold
Property ID
US66-2539070
Property summary
AI-generated overview
This 4,800-square-foot industrial property in Alliance, Ohio, is available for lease. Located at 2165 W State Street, this single-tenant building sits on a 1.8-acre lot and offers versatile space suitable for manufacturing, flex, distribution, R&D, warehouse, or refrigerated/cold storage uses. Built in 2022, the property features three 10-foot-wide dock-high doors (two 12-foot and one 10-foot overhead doors), ample gated outdoor storage, and a new roof. The interior includes office space, a bathroom, and a kitchenette. Utilities include gas, water, electric, and city sewer. The property boasts over 100 parking spaces, accommodating cars, trucks, and semi-trucks. Conveniently located on State Street with easy access to State Route 62, the property is zoned B2, allowing for a variety of commercial uses including office, retail, medical, auto parts/repair, and restaurants. The building is in move-in condition.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1988
Construction
WOOD
Total area
4,800 SF
Lot
1.04 ac (45,302 SF)
APN
77-00986
UPID
US66-2539070
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
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$645k
Blend (final)
Blend
$525k
Owner & transaction history
Alihassan Land Co Ltd · 3 yrs held
Alihassan Land Co Ltd
since 2022
Last sale
$547,900
2 recorded transactions
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
Method
Estimation
Statistic approach
$415,000
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$480,000
Current use
MEDICAL BUILDING
$440,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$420,000
Change: -12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$410,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $548k (Nov 22 2022)
Last sale anchor
$548k
Nov 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
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
$7,977
Tax year 2023
Assessed value
$180,600
Assessed 2023
Previous assessed
$192,750
-6.3% YoY
Effective rate
4.42%
On assessed value
Assessed land
$146,160
Assessed improvement
$34,440
Land market value
$417,600
Improvement market value
$98,400
Total market value
$516,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
4,800 SF
Lot
1.04 ac (45,302 SF)
APN
77-00986
UPID
US66-2539070
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$480,000
MEDICAL BUILDING
Est. value
$440,000
RETAIL STORES
Est. value
$420,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$410,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.04 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
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
$547,900
Alihassan Land Co Ltd
William A Arnal
Warranty Deed
$1,000,000 · The Farmers National Bank Of Canfie
Sep 24, 2008
—
William A Arnal
Arnal J A SR Family Trust
Quit Claim Deed
related
—
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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