Financial
Distress signals
Property profile

9940 York Alpha Dr North Royalton, OH 44133

FOR LEASE
Office buildings
Property ID
US66-1935701
1,752 SF 1.43 ac lot Built 1992
Last sale Nov 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-tenant industrial building includes a 5-ton overhead crane and a crane rail system that allows for an additional 5-ton crane if desired. The structure provides a 14-foot under-hook height and is equipped with new LED lighting and multiple skylights for natural illumination. The building is well-maintained and contains approximately 18,920 square feet of space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$21k
Tax billed · 2023
Assessed value$288k
Assessed land$33k
Assessed improvement$254k
Effective rate7.28%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$475k
NOI build-up
Gross scheduled income$1.30M
Vacancy & credit loss−$48k
Operating expenses−$187k
NOI · 12,484,976.47% cap applied$1.06M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293
Qualifying comparables5

Cap rate analysis

How does the asset earn?
12,484,976.47%
$1.06M 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?
GI
To provide General Industrial Districts for those products and processes which normally require a large amount of motor vehicles, truckin...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Restaurant21.8
Law Firm18.5

Location

9940 York Alpha Dr North Royalton, OH 44133
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8800 Akins, North Royalton, OH 44133-5608 $85,000 Jul 2022 1,584 SF
12721 Abbey, North Royalton, OH 44133-2620 $600,000 Nov 2021 1,674 SF
12020 York, North Royalton, OH 44133-3606 $510,000 May 2021 1,015 SF
8641 130th, North Royalton, OH 44133-1007 $235,000 Mar 2020 2,880 SF
13000 York, North Royalton, OH 44133-3625 $275,000 Aug 2019 1,254 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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