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    35960 Royalton Rd Grafton, OH 44044

    For Sale
    $1,500,000

    Grafton, OH: Retail & Office Opportunity

    Property size:
    5,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 35980 Royalton Road in Grafton, Ohio, presents a unique investment opportunity. The property encompasses two buildings totaling 5,470 square feet, situated on a substantial 3.239-acre lot. The buildings are single-story structures, ideally suited for a variety of commercial uses. The property's prime location at the signalized intersection of SR 83 and SR 82 offers exceptional visibility and accessibility, making it an attractive site for businesses seeking high traffic exposure. The property's zoning and potential uses are diverse, including but not limited to fuel stations, drive-thru restaurants, and retail plazas. The asking price for this strategically located commercial property is $1,500,000. The property's APN numbers are 1100046000037 and 1100046000041. This is a rare opportunity to acquire a significant commercial property in a thriving Ohio market. The property's size and location make it an ideal candidate for redevelopment or expansion, offering substantial potential for future growth and return on investment. The address is 35980 Royalton Road, Grafton, OH 44044. This property is zoned for a variety of commercial uses.

    Property Features for 35960 Royalton Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,470 SF
    Lot Size
    141,091 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • 5,470 SF on 3.239 acres in Grafton, OH.
    • Located at the signalized intersection of SR 83 and SR 82, offering high visibility.
    • Zoned for various commercial uses, including fuel stations, drive‑thrus, and retail.
    • Asking price: $1,500,000.
    • APN: 1100046000037 & 1100046000041.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Nail Salon Kitchen & Bath Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0199457
    Latitude
    41.3145854

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Grafton, OH: Retail & Office Opportunity
    Where is this office property / space located?
    The property is located at 35960 Royalton Rd Grafton, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 5,470 SF on 3.239 acres in Grafton, OH.; Located at the signalized intersection of SR 83 and SR 82, offering high visibility.; Zoned for various commercial uses, including fuel stations, drive-thrus, and retail.
    Request Owner's contact information
    35960 Royalton Rd Grafton, OH 44044
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    Grafton, OH 44044
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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
    35960 Royalton Rd Grafton, OH 44044
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