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1055 W Royalton Rd, Broadview Heights, OH 44147
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Property summary
AI-generated overview
This retail space is configured as an end-cap unit within a newly constructed building at 1055 W Royalton Rd, Broadview Heights, Ohio. The space provides 2,250 square feet of retail area and is situated on Royalton Road, which is described as having traffic volumes exceeding 30,000 vehicles per day. The immediate area includes retail and service businesses such as Aldi, Dunkin Donuts, Antonio's Pizza, Huntington Bank, Discount Drug Mart, Subway, Fifth Third Bank, and The Bone Yard.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Total area
4,550 SF
Lot
0.57 ac (25,000 SF)
Zoning code
SPDA
APN
583-04-022
UPID
US66-1906222
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$315k
Owner & transaction history
since 2014
4 recorded transactions
Zoning & alternative use
SPDA · Broadview Heights, OH
Zoning description
Special Planning District Zone A is to provide a master plan as a vision for future development within the city central business district through the use of development guidelines, standards and regulations. To allow dev…
General category
COMMERCIAL
Top alternative use upside
Office building
$735,000
+48.8%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$315k
Value range
$284k – $347k
±10% around blend
Estimated value / SF
$69 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
$284k
blend $315k
$347k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,550 SF
Lot area
0.57 ac
Year built
2018
Stories
1
APN
583-04-022
Assessed value
$199,220
Annual tax
$16,721
3
Income approach: direct capitalization
Partial preview
Income approach indication
$695k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$755k
@ 6.5% CAP return
$695k
@ 7% CAP return
$645k
4
Sales comparison
Partial preview
Sales approach indication
$520k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.7 mi away · 3,588 SF
23.4 mi away · 4,000 SF
24.1 mi away · 4,840 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$315k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 52 sales
$109
-36%
County 54 sales
$110
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $69/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+49%
vs current-use indication
Medical Building · current use
Neighborhood: Shopping Center
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$199k
Move the market yield to see immediate price impact.
Value / SF
$44
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$13k
$251k
$179k
$139k
$14k
$279k
$199k
$155k
$15k
$307k
$219k
$170k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$435k
6.6 mi · Jan 2026 · $130/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,721
Tax year 2023
Assessed value
$199,220
Assessed 2023
Previous assessed
$199,220
+0.0% YoY
Effective rate
8.39%
On assessed value
Assessed land
$70,000
Assessed improvement
$129,220
Land market value
$200,000
Improvement market value
$369,200
Total market value
$569,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2018
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
4,550 SF
Lot
0.57 ac (25,000 SF)
Zoning code
SPDA
APN
583-04-022
UPID
US66-1906222
Jurisdiction
CUYAHOGA
Zoning & alternative use
SPDA · Broadview Heights, OHZoning SPDA · permitted uses
SPDA · Broadview Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Special Planning District Zone A is to provide a master plan as a vision for future development within the city central business district through the use of development guidelines, standards and regulations. To allow dev…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
SPDA
COMMERCIAL
Jurisdiction
Broadview Heights, OH
Recorded code
SPDA
Official district
SPDA
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SPDA in Broadview Heights, OH.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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