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    Strongsville Royalton Rd & Prospect Rd Strongsville, OH 44149

    For Lease
    Contact for pricing

    Prime Strongsville location, new development.

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional new retail and restaurant development in Strongsville, Ohio, offers 7,500 square feet of leasable space, divisible into units as small as 1,500 square feet. The property features three total suites, all currently vacant, providing a unique opportunity for businesses seeking high-visibility locations. Situated on a 1.1-acre lot at the hard corner of a signalized intersection of Royalton Road and Prospect Road in Cuyahoga County, this development boasts a standout architectural design. The property is zoned for Local Business use, ensuring flexibility for a variety of commercial ventures. This prime location benefits from a strong demographic profile, with an average household income of $134,330 within a three-mile radius, indicating significant consumer spending power. The available space ranges from 1,500 to 4,000 square feet, making it suitable for a variety of restaurant and retail concepts. This is an unparalleled opportunity to establish a business in a thriving community with high visibility and strong consumer demand. The property's address is in Strongsville, Ohio, zip code 44149. Contact us today to learn more about this exciting opportunity.

    Property Features for 0 Strongsville Royalton Rd & Prospect Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Unit(s) available at that property

    Space
    1,500 SF Retail
    Size
    1,500 SF
    Space
    Anchor Restaurant
    Size
    4,000 SF
    Space
    2,000 SF Retail
    Size
    2,000 SF

    HighLights

    • 1,500‑4,000 SF of retail space available for lease at the corner of Royalton Rd & Prospect Rd.
    • Adjacent to the new 82‑unit Camden Woods cluster home development.
    • Camden Woods projected completion: February 2025.
    • Developer seeking a high‑quality food and beverage tenant for a planned restaurant space.
    • 185 feet of frontage on Royalton Road (RT 82).
    • Strong demographics: $134,330 average household income and 41,438 population within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.857890947248
    Latitude
    41.312372650049

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    FAQs

    What type of property is this?
    Individual retail property - Prime Strongsville location, new development.
    Where is this individual retail property located?
    The property is located at Strongsville Royalton Rd & Prospect Rd Strongsville, OH.
    What are key features of this property?
    This property features: 1,500-4,000 SF of retail space available for lease at the corner of Royalton Rd & Prospect Rd.; Adjacent to the new 82-unit Camden Woods cluster home development.; Camden Woods projected completion: February 2025.
    Request Owner's contact information
    Strongsville Royalton Rd & Prospect Rd Strongsville, OH 44149
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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
    Strongsville Royalton Rd & Prospect Rd Strongsville, OH 44149
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