Financial
Distress signals
Property profile

17406 Royalton Rd Strongsville, OH 44136

FOR LEASE
Medical Office Space
Property ID
US66-2360792
20,260 SF 2.67 ac lot Built 1983
Last sale Jan 2020 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 21,960 square foot medical and traditional office building, constructed in 1983 and renovated in 2014, presents a unique opportunity in Strongsville, Ohio. Situated on 2.67 acres of land with a General Business (GB) zoning designation (APN: 396-12-028), this single-building property boasts high visibility on Royalton Road (Route 82), less than a mile from I-71 and the Ohio Turnpike, ensuring excellent highway accessibility. The building features four suites, with a minimum

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$350k
Assessed land$169k
Assessed improvement$181k
Effective rate8.17%

Value estimate

· Sep 2026
$915k
$824k – $1.01M
AI approach$1.03M
Sales comparison$1.18M
NOI build-up
Gross scheduled income$127k
Vacancy & credit loss−$31k
Operating expenses−$24k
NOI · 449,575.00% cap applied$72k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$58 – $165

Cap rate analysis

How does the asset earn?
449,575.00%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PF
The intent of the zone to provide a proper zoning classification for governmental, civic, welfare and recreational facilities in proper l...
General categoryCIVIC_INSTITUTIONAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Smoke and Vape Shop9.2
Carpet & Flooring Store8.7

Location

17406 Royalton Rd Strongsville, OH 44136
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12645 Pearl, Strongsville, OH 44136-3418 $532,500 May 2024 3,230 SF
17075 Pearl, Strongsville, OH 44136-6054 $562,500 Mar 2022 3,335 SF
12563 Pearl, Strongsville, OH 44136-3427 $530,000 Jul 2021 4,142 SF
17112 Pearl, Strongsville, OH 44136-6059 $1,250,000 Sep 2018 5,364 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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