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Property profile

9179 Royalton Rd North Royalton, OH 44133

OFF-MARKET
Retail properties & Spaces
1,803 SF 155 ac lot Built 1873
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Property summary

AI-generated overview

This exceptional North Royalton, Ohio property presents a unique redevelopment opportunity for owner-users. Located at 9179 Royalton Rd, 44133, this 1,800 square foot retail space, formerly used as a construction company office and shop, sits on a substantial 1.15-acre lot (155 ft frontage). The property includes four buildings, all single-story, with a mix of commercial and residential space. The main structure features a remodeled residence on the first floor, suitable for additional office space, and a former shop area on the upper level. A large rear garage offers further shop space. Built in 1873 with various renovations over the past 30 years, the property is zoned for local retail use and boasts excellent visibility, situated next to a Speedway gas station and convenience store. The asking price is $370,000 ($205.21/sq ft). All utilities are available. The property's size and location make it ideal for a business owner seeking a combined residential and commercial space. Occupancy is available March 31, 2024. The property's APN is 483-29-004. This is a Class C property.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1873
Total area 1,803 SF
Lot 155 ac (6,751,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9179 Royalton Rd North Royalton, OH 44133
North Royalton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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