34626 Royalton Rd Grafton, OH 44044
- Mixed-use properties
- 1,000 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 34626 Royalton Rd
- Year built
- 2024
- Property size
- 1,000 SF
- Property type
- Mixed-use properties
- Property subtype
- Self storage facilities
Description
This exceptional 1,000-square-foot self-storage condo, situated in a rapidly growing community just minutes from the highway in Grafton, Ohio (Eaton Township mailing address), presents a remarkable investment opportunity. Built in 2024, this vacant unit is priced at $130,000, offering a compelling price per square foot of $130. The unit boasts impressive features including a 20x50 footprint, 14-foot high insulated garage doors, a man door, and 16-foot ceilings. The interior is finished with drywall and insulation, ensuring a climate-controlled environment. Each unit benefits from separate metered gas and 100-amp electrical service. On-site restrooms equipped with utility sinks and tankless hot water heaters add convenience. Constructed with a robust 6-inch concrete slab, 2x6 construction, OSB wall sheathing, heavy-gauge metal siding, and roof, this unit is designed to withstand heavy loads, making it ideal for storing RVs, boats, cars, or heavy equipment. The high ceilings allow for the possibility of loft construction. This property's versatility makes it suitable for various uses, including personal storage, business operations, or as a rental investment with high cap rate potential. Taxes and any applicable HOA fees are to be determined. Larger units ranging from 1,000 to 10,000 square feet (20x50 ft to 200x50 ft) are also available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grafton
- County
- Lorain
- State
- Ohio
- Longitude
- -81.9886
- Latitude
- 41.3137
