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    Property profile & analytics

    1001-01003 Royalton Rd Broadview Heights, OH 44147

    • Strip malls
    • 8,106 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Last Sale
    Apr 13, 2021
    $850,000
    Location Intelligence
    Property ID
    US66-1652684
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 1001-01003 Royalton Rd

    Year built
    1976
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.85 lot acres
    Property size
    8,106 SF
    Zone code
    C-4
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    583-04-023
    APU
    58304023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $780,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,035,000
      6.5%
      $905,000
      7%
      $1,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,060,000
      Geo Method
      $1,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $900,000
      Retail
      $905,000
      Mixed-Use
      $1,025,000
      Hospitality
      $975,000
      Educational
      $900,000
      Residential Income
      $900,000
      Energy
      $1,135,000
      Income-Based Land
      $975,000
      Food Service
      $910,000

    Location Insight

    • Map
    • Local Demand
    City
    Broadview Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6857
    Latitude
    41.3134
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,970
    $103,920
    $193,590
    $297,510
    -
    $296,900
    $553,100
    $850,000

    Comparable in this City

    • Value Estimation
      $205,000
      0.40 Acres

      1100 Royalton Rd

      SHOPPING CENTER, STRIP CENTER • 0.40 Acres
      1100 Royalton Rd, Broadview Heights, OH 44147-3946
      View Details
    • Value Estimation by Request
      36,000 SF

      1100 Royalton Rd

      SHOPPING CENTER, STRIP CENTER • 36,000 SF
      1100 Royalton Rd, Broadview Heights, OH 44147-3946
      View Details
    • Value Estimation
      $435,000
      8,400 SF

      7912 Broadview Rd, Unit 7924

      SHOPPING CENTER, STRIP CENTER • 8,400 SF
      7912 Broadview Rd, Broadview Heights, OH 44147-1202
      View Details
    • Value Estimation by Request
      6,830 SF

      8111 Broadview Rd

      SHOPPING CENTER, STRIP CENTER • 6,830 SF
      8111 Broadview Rd, Broadview Heights, OH 44147-1627
      View Details
    • Value Estimation
      $205,000
      0.51 Acres

      7926 Broadview Rd

      SHOPPING CENTER, STRIP CENTER • 0.51 Acres
      7926 Broadview Rd, Broadview Heights, OH 44147-1202
      View Details
    • Value Estimation
      $365,000
      7,740 SF

      9242 Broadview Rd

      SHOPPING CENTER, STRIP CENTER • 7,740 SF
      9242 Broadview Rd, Broadview Heights, OH 44147-2517
      View Details

    Similar Nearby for Sale

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      9.42-acre development site in Brecksville, OH.
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    • Contact for pricing
      2.00 Acres

      Brecksville Land: 2 Acres Available

      Prime Brecksville land, ideal for development.
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    Similar Nearby for Lease

    • Contact for pricing
      128,212 SF

      Broadview Village Retail Space

      High-traffic shopping center; spaces available.
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      View Details
    • Contact for pricing
      28,160 SF

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      Medical & Traditional Office Suites Available
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      View Details
    • Contact for pricing
      2,250 SF

      Broadview Heights Retail Space

      Modern Medical/Office Retail Space Available
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      View Details
    • $21 SF/Yr
      400 SF

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      Prime Cuyahoga County Office Space
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      Prime Ohio Office Suites, 800-1200 sq ft
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      View Details
    • Contact for pricing
      2,128 SF

      Broadview Heights Office Space Available

      2,128 sq ft office space for rent.
      7000 Town Centre Dr, Broadview Heights, OH 44147
      View Details
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    Broadview Heights, OH 44147
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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