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    1055 Royalton Rd Broadview Heights, OH 44147

    For Lease
    Contact for pricing

    Modern Medical/Office Retail Space Available

    Lot size:
    2,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,250 square foot retail space, located at 1055 W Royalton Rd in Broadview Heights, Ohio, presents a unique investment opportunity. Built in 2018, the property is part of a single-building, multi-tenant complex with a total of two suites. The building enjoys a prime location within a high-traffic retail corridor, boasting excellent visibility from Royalton Road and adjacent Broadview Road. The property benefits from prominent monument signage, enhancing its appeal and brand recognition. The space is currently vacant and ready for immediate occupancy. Situated in Cuyahoga County, Broadview Heights is a thriving suburb of Cleveland, characterized by a high average household income, making it an attractive market for businesses. This modern building offers a fantastic opportunity for medical or office tenants seeking a well-located, easily accessible space in a prosperous community. The 2,250 square foot space provides ample room for a variety of uses, and its recent construction ensures modern amenities and efficient layouts. The zip code is 44147. This property is ideal for businesses seeking high visibility and access to a strong consumer base.

    Property Features for 1055 Royalton Rd

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,250 SF

    Building Details

    Year Built
    2018
    Buildings
    1

    Unit(s) available at that property

    Space
    1055 W Royalton Rd.
    Size
    2,250 SF

    HighLights

    • End‑cap space available in a new construction building, ideal for urgent care.
    • Strong tenant mix including Aldi, Dunkin', and other national and local businesses.
    • High traffic location with over 30,000 vehicles per day on Royalton Rd.
    • Desirable demographics with high average household income within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Broadview Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.686304297643
    Latitude
    41.313880254511

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    FAQs

    What type of property is this?
    Medical space - Modern Medical/Office Retail Space Available
    Where is this medical space located?
    The property is located at 1055 Royalton Rd Broadview Heights, OH.
    What are key features of this property?
    This property features: End-cap space available in a new construction building, ideal for urgent care.; Strong tenant mix including Aldi, Dunkin', and other national and local businesses.; High traffic location with over 30,000 vehicles per day on Royalton Rd.
    Request Owner's contact information
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    Broadview Heights, OH 44147
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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
    1055 Royalton Rd Broadview Heights, OH 44147
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