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    16533 Royalton Rd Strongsville, OH

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    For Lease
    Contact for pricing

    5,880 SF automotive center sublease available until 2029.

    Property size:
    5,880 SF
    Lot size:
    1.37 Acres

    Property Features for 16533 Royalton Rd

    General Information

    Size
    5,880 SF
    Lot size
    1.37 Acres

    Source: Cresco Real Estate | Cleveland Agent Cameron Callahan

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

    Overview

    Former Automotive Center Sublease Opportunity

    This 5,880 square foot former automotive center is available for sublease. The sublease term extends until May 29, 2029. The property benefits from over 200 feet of frontage on Route 82/Royalton Road, which experiences traffic of over 48,000 vehicles per day. It is located in a strong submarket within Cuyahoga County and is conveniently situated just off of I-71, which sees nearly 100,000 vehicles per day. Nearby retailers include Chick-fil-A, Costco, Target, and Dick's Sporting Goods.
    Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8552196
    Latitude
    41.3029994

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    FAQs

    What type of property is this?
    Automotive property - 5,880 SF automotive center sublease available until 2029.
    Where is this automotive property located?
    The property is located at 16533 Royalton Rd Strongsville, OH.
    What are key features of this property?
    This property features: - High-traffic location: Boasting over 200' frontage on Route 82/Royalton Road (48,000+ VPD) and proximity to I-71 (100,000+ VPD).; - Sublease opportunity: Available for sublease until 5/29/2029.; - Sizeable space: 5,880 SF former automotive center.
    (216) 232-4101
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    16533 Royalton Rd Strongsville, 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
    16533 Royalton Rd Strongsville, OH
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