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Property profile

0 York Rd Cleveland, OH 44133

OFF-MARKET
Land
2.78 ac lot
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Property summary

AI-generated overview

This exceptional 6.17-acre commercial land parcel, located at the highly visible, signalized intersection of Royalton Road (OH-82) and York Road in North Royalton, Ohio, presents a unique development opportunity. The property boasts approximately 1,013 feet of frontage on Royalton Road, experiencing over 14,000 vehicles daily. Zoned for General Business, this site is ideal for a variety of commercial uses. The parcel is divisible into two lots: a 2.78-acre lot and a 3.39-acre lot, each priced separately with mitigation included. The asking price for the entire 6.17-acre parcel is $1,900,000. This prime location benefits from a strong population base of over 115,000 within a five-mile radius and proximity to major transportation arteries, including Cleveland Hopkins International Airport (13.9 miles, 25-minute drive) and Akron-Canton Regional Airport (53-minute drive). The area also supports 423 businesses employing 3,719 people. The property's APN is 482-31-061. This is a rare opportunity to acquire a significant commercial land holding in a thriving market. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 2.78 ac (121,097 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

York Rd Cleveland, OH 44133
Cleveland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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