1145 Alliance RdMinerva, OH 44657

Property Details for 1145 Alliance Rd

Year built

1980

Construction

CONCRETE BLOCKS

Lot size

4.39 AC

Property size (Sq ft)

49,846 SF

Property type

Retail properties

Property subtype

Retail space

APN

08-0001005.000

APU

80001005000

Description

This exceptional retail property, located at 1145 Alliance Rd in Minerva, Ohio, presents a unique opportunity for businesses seeking a prominent location in Carroll County. The single-story building boasts a total of 48,013 square feet, situated on a generous 4.26-acre lot. Currently, there is 16,064 square feet of vacant space available, divisible into units ranging from a minimum of 7,471 square feet to a maximum contiguous space of 8,593 square feet. This flexibility allows for a variety of tenant configurations, making it ideal for both large and smaller businesses. The property's commercial zoning and multiple tenancy options provide a versatile environment for a range of retail operations. Its convenient location in Minerva, Ohio, with a 44657 zip code, ensures high visibility and accessibility for customers. The property's single-building structure simplifies operations and management. This is an excellent opportunity to establish or expand your retail presence in a thriving Carroll County market. Contact us today to learn more about leasing options and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $13,934,967

  6.5%

  $12,863,046

  7%

  $11,944,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,749,739

  Geo Method

  $11,749,739

• Alternative Use

  Use

  Valuation

  Residential

  $10,850,461

  Hospitality

  $9,938,964

  Educational

  $8,269,101

  Medical

  $8,553,488

  Retail

  $12,863,046

Location Insight

City

Minerva

County

Carroll

State

Ohio

Latitude

40.7189

Longitude

-81.1162

CBSA code

15940

CBSA name

CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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