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    Property profile & analytics
    OFF-MARKET Estimated value $1,630,000
    Retail space

    304 State St, Alliance, OH 44601-4938

    11,052 SF 1.08 ac lot Built 1997
    Entity Owned Free & Clear
    Property ID
    US66-2612832
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rite Aid Pharmacy
    • higi Physician
    • Bridget K. Salvino, PharmD Pharmacy
    • Western Union Bank Credit Union
    • Coinhub Bitcoin ATM Teller Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.73M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.53M
    Blend (final) Blend
    $1.63M
    Owner & transaction history
    MONOGRAM DEVELOPMENT XVI · 1 yrs held
    MONOGRAM DEVELOPMENT XVI
    since 2025
    Last sale
    $1.6M
    1 recorded transaction
    2025
    $1.6M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.3M +33.5%
    Auto repair, garage $1.1M +13.9%
    Medical building $1.0M +4.1%
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