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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

203 Royalton Rd Broadview Heights, OH 44147

Built 1995
Property ID
Property summary
AI-generated overview

Wellpoint Plaza, located at 203 E Royalton Rd in Broadview Heights, Ohio, presents a unique investment opportunity. This multi-tenant property, built in 1995 and renovated in 2003, offers a combined 25,178 square feet of vacant space across six available units ranging from 1,005 to 22,000 square feet. The property is classified as both retail and office space, specifically catering to medical and traditional office tenants. Situated in Cuyahoga County, zip code 44147, the plaza enjoys a prime location, just 1.9 miles (a five-minute drive) from highway 77. Its convenient location offers easy access for both employees and clients. The plaza is part of a thriving retail center, boasting high foot traffic and popular establishments such as Handel's Ice Cream and The Boneyard. Furthermore, its proximity to Broadview Heights City Hall and the Recreation Center adds to its appeal. The property benefits from being within the Brecksville-Broadview Heights school district, consistently ranked among the top 20 in Ohio. This combination of convenient location, strong tenant mix, and desirable amenities makes Wellpoint Plaza an attractive proposition for businesses seeking a well-established and accessible location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1995
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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