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    5213 Royalton Rd North Royalton, OH 44133

    For Sale
    $349,900

    High-traffic location, 1.1-acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Prime retail investment opportunity awaits at 5213 Royalton Road, North Royalton, Ohio. This 1.1-acre parcel, measuring 117.50 feet by 410 feet, is zoned Commercial TCD-5 (Town Center District), offering favorable setbacks for development. The property boasts a highly visible location on a major thoroughfare with significant daily traffic volume, ensuring excellent exposure for any business. The area is home to numerous national chain businesses, including quick-service restaurants, creating a strong commercial environment. Currently on the site is an older single-family home and a detached two-car garage. The property's Cuyahoga County location (APN 487-10-014) and its 44133 zip code offer easy access to a substantial customer base. This exceptional property presents a rare chance to acquire a well-situated parcel with significant development potential in a thriving commercial area. The asking price is $349,900. This is an ideal opportunity for investors seeking high-traffic visibility and strong potential returns.

    Property Features for 5213 Royalton Rd

    General Information

    Property type
    Retail properties
    Lot Size
    47,916 SF

    HighLights

    • $349,900 asking price for a retail property.
    • 1.1‑acre lot zoned Commercial TCD‑5.
    • Located on a heavily trafficked road with nearby national chains.
    • Existing single‑family home with detached two‑car garage on site.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Royalton
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.72106159
    Latitude
    41.31388184

    Nearby Comparable

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 1.1-acre lot.
    Where is this retail property located?
    The property is located at 5213 Royalton Rd North Royalton, OH.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: $349,900 asking price for a retail property.; 1.1-acre lot zoned Commercial TCD-5.; Located on a heavily trafficked road with nearby national chains.
    Request Owner's contact information
    5213 Royalton Rd North Royalton, OH 44133
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    North Royalton, OH 44133
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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
    5213 Royalton Rd North Royalton, OH 44133
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