Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space in High-Traffic Area Title is generated by Realmo AI

    19712-19880 W 130th St, Strongsville, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a well-connected, high-income area.

    Type:RETAIL
    Property size:
    2,973 SF
    Lot size:
    5.96 Acres
    Added:
    Jan 29, 2025
    Days on Market:
    471
    Last Refresh:
    Apr 5 at 9:34 pm

    Property Features for 19712-19880 W 130th St

    General Information

    Standard status
    Active
    Size
    2,973 SF
    Lot size
    5.96 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 19712-19880 W 130th St Contact us

    We can help!

    Listing Contact
    Allison Giomuso
    Allison Giomuso

    Listing agent Allison Giomuso

    Listing office Anchor Retail

    Listing date Jan 29, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Anchor Retail

    HighLights

    • Prime intersection location connecting Strongsville, Brunswick, North Royalton, and Hinckley
    • High household income demographics: $161,067 within a 1‑mile radius
    • Located across from the proposed Royalton Corners retail, office, and residential development
    • Established co‑tenants including Tutor Time Learning Center, Giovanni’s Pizzeria, Great Clips, VitalEyes, and Merit Dental
    • High visibility location
    • Strong consumer traffic

    Overview

    This retail space is situated at a prime intersection connecting Strongsville, Brunswick, North Royalton, and Hinckley. The location is across from the proposed Royalton Corners retail, office, and residential development. The property benefits from excellent demographics, with a household income of $161,067 within a 1-mile radius. Current co-tenants include Tutor Time Learning Center, Giovanni’s Pizzeria, Great Clips, VitalEyes, and Merit Dental. The property offers 2973 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8552
    Latitude
    41.303

    Nearby Similar for Lease

    • $18 SF/Yr
      6,700 SF

      Medical/Office Space in Prime Location

      Fully built-out medical and office space in Strongsville, Ohio.
      17406 Royalton Road, Strongsville, OH, 44136
      View Details
    • $40 SF/Yr
      6,187 SF

      Prominent Retail Space in Strongsville

      High-visibility retail space near South Park Mall and Cleveland Clinic.
      16620 Royalton Road, Strongsville, OH, 44136
      View Details
    • $3,000/Mo

      Office/Warehouse in Strongsville, Ohio

      Office/warehouse with high ceilings, private entrances, and included utilities.
      19511 Progress Drive, Strongsville, OH 44149
      View Details
    • $1,500/Mo

      Strongsville Office Space Available

      Office space available July 1st with private offices and parking.
      19511 Progress Drive, Strongsville, OH 44149
      View Details
    • Contact for pricing
      3,120 SF

      Freestanding Restaurant Opportunity

      3,120 SF restaurant space for lease in Strongsville, OH.
      12827 Pearl Road, Strongsville, OH, 44136
      View Details
    • $1,600/Mo
      2,600 SF

      Industrial Space in Strongsville, OH

      Industrial property with 2,600 square feet available for rent.
      21500-21530 Drake Rd, Strongsville, OH
      View Details
    • $18 SF/Yr
      6,700 SF

      Medical/Office Space in Strongsville

      Built-out medical/office space in prime Strongsville location.
      17406 Royalton Rd , Strongsville , OH
      View Details
    • $3 SF/Yr
      86,132 SF

      Strongsville Warehouse Space Available

      86,132 SF warehouse/industrial space for lease in Strongsville, OH.
      12200 Alameda Drive, Strongsville, OH, 44149
      View Details
    • Contact for pricing
      27,220 SF

      Retail Space in Strongsville

      27,220 SF retail space available in Strongsville, Ohio.
      17290 Royalton Rd, Strongsville, OH 44136
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Regional Center

      Retail space available in high-traffic Strongsville shopping center.
      16740 Royalton Rd, Strongsville, OH
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space on Pearl Road

      Retail space available in Strongsville, OH near major retailers.
      14375-14569 Pearl Rd, Strongsville, OH
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Fronting SR 82

      3,000 SF retail space available with high traffic visibility.
      17887-18315 Royalton Rd, Strongsville, OH
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in a well-connected, high-income area.
    Where is this retail space located?
    The property is located at 19712-19880 W 130th St Strongsville, OH.
    What are key features of this property?
    This property features: Prime intersection location connecting Strongsville, Brunswick, North Royalton, and Hinckley; High household income demographics: **$161,067 within a 1‑mile radius**; Located across from the proposed Royalton Corners retail, office, and residential development
    (216) 342-2523 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Allison Giomuso
    Allison Giomuso
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19712-19880 W 130th St, Strongsville, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!