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    5540-5500 Wallings Rd North Royalton, OH

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    For Lease
    Contact for pricing

    5,937 SF unit available in North Royalton, Ohio.

    Property size:
    5,937 SF
    Lot size:
    4.83 Acres

    Property Features for 5540-5500 Wallings Rd

    General Information

    Size
    5,937 SF
    Lot size
    4.83 Acres

    Source: NAI Pleasant Valley - Independence Agent Deborah Maggard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Anchored Center

    A 5,937 square foot unit is available within a Discount Drug Mart anchored shopping center. The property is located at the northwest corner of the State Road and Wallings Road intersection, offering easy access to I-77. The location benefits from a traffic count of 19,981 average daily traffic (ADT) at the Wallings Road and State Road intersection. The property features 247 parking spaces and a new storefront and patio.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Royalton Plaza Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    North Royalton
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7245739
    Latitude
    41.3136644

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    FAQs

    What type of property is this?
    Shopping center - 5,937 SF unit available in North Royalton, Ohio.
    Where is this shopping center located?
    The property is located at 5540-5500 Wallings Rd North Royalton, OH.
    What are key features of this property?
    This property features: - Discount Drug Mart Anchored Center; - 5,937 +/- SF Unit Available; - Located at NW corner of State Road & Wallings Road
    (216) 496-3777
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    5540-5500 Wallings Rd North Royalton, OH
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5540-5500 Wallings Rd North Royalton, OH
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