Property profile

304 State St Alliance, OH 44601

OFF-MARKET
Retail space
Property ID
US66-2612832
11,052 SF 1.08 ac lot Built 1997
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 11,052-square-foot retail property, formerly a Rite Aid, presents a unique investment opportunity in Alliance, Ohio. Situated on a 1.08-acre lot at the highly visible corner of East State Street and South Arch Street, this single-tenant building boasts a convenient drive-thru. Built in 1997, the one-story structure offers ample space for a variety of retail uses. The property is zoned B3 and features a convenient single-tenant occupancy. The building's total square footage is 11,052 square feet, all of which is currently vacant, providing immediate occupancy for a new tenant. The high traffic count of 21,947 AADT on East State Street ensures significant visibility and potential customer reach. The property's location in Stark County, Ohio, offers easy access to local amenities and a strong customer base. The parcel number (APN) is 113854. This is a rare opportunity to acquire a well-located, sizable retail space with a proven track record in a thriving community. The property's existing infrastructure, including the drive-thru, presents significant advantages for a variety of retail businesses. This turnkey property is ready for immediate occupancy and offers significant potential for return on investment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction FRAME
Total area 11,052 SF
Lot 1.08 ac (47,045 SF)
APN 01-13854
UPID US66-2612832

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Physician
  • Pharmacy
  • Bank Credit Union
  • Atm

Location

304 State St Alliance, OH 44601-4938
Alliance metro Census 710500 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.89M

Owner & transaction history

since 2025
Last sale
$1.6M
1 recorded transaction
2025
$1.6M

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +33.5%
Auto repair, garage $1.1M +13.9%
Medical building $1.0M +4.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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