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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

18315 Southpark Ctr Strongsville, OH 44136

Property ID
Property summary
AI-generated overview

This exceptional 0.57-acre outparcel presents a rare investment opportunity in the thriving Southpark Commons. Located on Royalton Road (SR 82), this site boasts excellent visibility with over 48,470 vehicles passing daily and convenient access to I-71. The property is ideally situated adjacent to SouthPark Mall and across from the new Royalton Collection, home to Foundation Software's headquarters employing 350 people. This strong regional trade area offers compelling demographics, including an average household income exceeding $134,000 within a 3-mile radius. The site is perfect for food-related businesses; however, any building constructed cannot surpass 3,600 square feet. This high-traffic location offers significant potential for a variety of retail uses and benefits from the presence of established co-tenants such as DSW, Michael's, OrangeTheory, Spavia, The Rail, CoreLife Eatery, and Brown Aveda Institute. The property's signalized access ensures convenient ingress and egress, maximizing visibility and accessibility for customers. This is a truly unique opportunity to establish a presence in a vibrant and rapidly growing commercial area. The single-tenant nature of the land provides flexibility for development and customization.

Property profile
Verified
Property type Retail properties & Spaces
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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