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Property profile & analytics
OFF-MARKET
Lifestyle centers

35015-35219 Royalton Rd Grafton, OH 44044

12,000 SF 1.77 ac lot
Property ID
Property summary
AI-generated overview

This 12,000 square foot Class C shopping center in Grafton, Ohio, presents a compelling investment opportunity. Anchored by a Dollar Tree, the property boasts a strong mix of national and local tenants with a proven history of success. Situated on a 1.77-acre lot at 35015-35219 Royalton Rd, 44044, this multi-tenant retail center offers significant value-add potential. Available outparcels and the possibility for future development on the site provide avenues for increased profitability. The property benefits from substantial recent residential growth in the area, with over 500 new homes constructed and further residential expansion planned. This influx of new residents translates to increased foot traffic and potential for enhanced tenant occupancy. Detailed financial information is available upon request. This is an exceptional opportunity to acquire a well-positioned retail asset in a thriving community experiencing significant population growth. The property's strong tenant base and development potential make it an attractive investment for those seeking a stable income stream with future upside. The location in Lorain County, Ohio, offers convenient access to major transportation routes and a growing consumer base.

Property profile
Verified
Property type Lifestyle centers
Total area 12,000 SF
Lot 1.77 ac (77,101 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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