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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Hotels
2341 State St Alliance, OH 44601-3530
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1296607
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
BRICK
Total area
37,608 SF
Lot
1.76 ac (76,666 SF)
APN
77-01373
UPID
US66-1296607
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
Current use
Occupant on record · Public records
-
Holiday Inn Express & Suites Alliance, an IHG Hotel Hotel & Motel
-
Demers Flooring Co. General Contractor Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.04M
CAP Approach
CAP
$2.40M
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.91M
Owner & transaction history
Alysha & Company LLC · 4 yrs held
Alysha & Company LLC
since 2022
Last sale
$3.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+140.8%
Auto repair, garage
$3.3M
+130.8%
Commercial (general)
$2.8M
+92.9%
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
$2,500,000
ML approach
$3,035,000
CAP Approach
CAP Return
Estimation
6%
$2,595,000
6.5%
$2,395,000
7%
$2,225,000
Alternative Use
Use
Estimation
RESTAURANT
$3,450,000
Change: +141% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,305,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,765,000
Change: +93% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,685,000
Change: +87% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,650,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$2,205,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±10% · vs last sale $3.31M (Mar 16 2022)
Last sale anchor
$3.31M
Mar 16 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
$77 / 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
$30,328
Tax year 2023
Assessed value
$1,248,450
Assessed 2023
Previous assessed
$1,248,450
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$38,850
Assessed improvement
$1,209,600
Land market value
$111,000
Improvement market value
$3,456,000
Total market value
$3,567,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
YES
Cooling
NONE
Stories
3
Units
69
Bathrooms
73
Total area
37,608 SF
Lot
1.76 ac (76,666 SF)
APN
77-01373
UPID
US66-1296607
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
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.2M
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
RETAIL STORES
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
2000
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
69
Bathrooms
73
Lot
1.76 ac
Current owner
From public records · entity-resolved
Alysha & Company LLC
Entity
Mailing address
2341 W STATE ST, ALLIANCE, OH 44601-3530
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
$3,307,500
Alysha & Company LLC
2341 West State Street Holdings LLC
Limited Warranty Deed
$3,320,000 · Home Loan And Investment Bank Fsb
Apr 15, 2021
$2,660,000
2341 West State Holdings LLC
Acme Utica Alliance 1 LLC
Sheriffs Deed
related
—
Jan 3, 2013
$3,420,000
Acme Utica Alliance I LLC
Br Guest Ltd
Grant Deed
$3,705,000 · Basis Real Estate Cap II LLC
—
—
B R Guest Ltd
—
Deed Of Trust
related
$2,676,968 · Century National Bank
—
—
B R Guest Ltd
—
Deed Of Trust
related
$782,247 · Unizan Bank NA
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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