Listing Agency: CBRE | Cleveland j***@cbre.com Show Phone

Listed By: Joseph Khouri · License #2008000837 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 10 Last Checked: Aug 25 at 5:57AM

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Investment Insights

Based on property information with market context.

This is a 1.15 acre parcel of land situated behind Bank of America on Royalton Road. The property is located within the TC Town Center District. The owner is open to selling the property or developing/leasing it to a qualified tenant. An existing monument sign along Royalton Road is shared with Bank of America. Traffic counts are approximately 15,000 vehicles per day. Conceptual site plans and elevation renderings are available.

Key Highlights

• 1.15 Acre parcel in TC Town Center District
• High Traffic Counts: Approximately 15,000 VPD
• Located behind Bank of America on Royalton Road

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Bakery Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

249

Businesses Nearby

Explore this area Business Placement

Demographics for 44133, OH

31,373

Population

14,514

Households

2.2

Avg Household Size

45

Median Age

39%

College-Educated

96%

High-School Grad

21.4 sq mi

ZIP Area

1,466

Density / Sq Mi

$81,803

Median Household Income

$48,430

Median Earnings

$1,061

Median Rent

$276,200

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 1.15 acre land parcel in Town Center District.

Where is this commercial land located?

The property is located at 5389 Royalton Road North Royalton, OH.

What are key features of this property?

This property features: 1.15 Acre parcel in TC Town Center District; High Traffic Counts: Approximately 15,000 VPD; Located behind Bank of America on Royalton Road