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Property profile & analytics

5389 Royalton Rd North Royalton, OH 44133

  • Retail properties
  • 1.15 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 5389 Royalton Rd

Lot size
1.15 lot acres
Property type
Retail properties
Property subtype
Land

Description

This exceptional 1.15-acre commercial development site is located in North Royalton, Ohio, at 5389 Royalton Rd, zip code 44133, Cuyahoga County. The property, with APN 487-10-135, is situated in the TC Town Center District zoning, offering significant development flexibility. Priced at $575,000, this land presents a compelling investment opportunity. The site boasts approximately 15,000 vehicles per day (VPD) in traffic counts, ensuring high visibility for any future development. Its prime location is adjacent to a Bank of America branch, further enhancing its appeal and accessibility. The property dimensions are 235.56 feet by 138.47 feet. An existing monument sign, shared with Bank of America, provides excellent roadside visibility. To facilitate the planning process, conceptual site plans and elevation renderings are available. The owner is open to selling the property outright or developing and leasing it to a qualified tenant. This presents a unique opportunity to capitalize on a high-demand market within a thriving community. This is a rare opportunity to acquire a well-positioned commercial parcel in a high barrier-to-entry market. The property is zoned for retail redevelopment, making it ideal for a variety of commercial uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
North Royalton
County
Cuyahoga
State
Ohio
Longitude
-81.7229
Latitude
41.3135
More about this property
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