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    Property profile & analytics

    11241 Royalton Rd, Unit 53 North Royalton, OH 44133-4409

    • Warehouses
    • 6,092 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 03, 2024
    $1,079,000
    Location Intelligence
    Property ID
    US66-2378053
    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

    • Warehouses

    Property Details for 11241 Royalton Rd

    Year built
    2007
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.72 lot acres
    Property size
    6,092 SF
    Zone code
    GI
    Property type
    Warehouses
    APN
    483-20-007
    APU
    48320007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Royalton
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7708
    Latitude
    41.3153
    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
    $14,355
    $29,260
    $168,000
    $197,260
    -
    $83,600
    $480,000
    $563,600

    Comparable in this City

    • Value Estimation by Request
      0.50 Acres

      8810 Akins Rd

      WAREHOUSE, STORAGE • 0.50 Acres
      8810 Akins Rd, North Royalton, OH 44133-5608
      View Details
    • Value Estimation
      $245,000
      2,640 SF

      10143 Royalton Rd Ste A

      WAREHOUSE, STORAGE • 2,640 SF
      10143 Royalton Rd Ste A, North Royalton, OH 44133-4463
      View Details
    • Value Estimation by Request
      3,756 SF

      13632 Rdg Rd

      WAREHOUSE, STORAGE • 3,756 SF
      13632 Rdg Rd, North Royalton, OH 44133-3844
      View Details
    • Value Estimation by Request
      4,595 SF

      10167 Royalton Rd, Unit 1A

      WAREHOUSE, STORAGE • 4,595 SF
      10167 Royalton Rd, North Royalton, OH 44133-4483
      View Details
    • Value Estimation
      $470,000
      10,800 SF

      13805 Progress Pkwy

      WAREHOUSE, STORAGE • 10,800 SF
      13805 Progress Pkwy, North Royalton, OH 44133-4303
      View Details
    • Value Estimation
      $225,000
      1,800 SF

      10147 Royalton Rd Ste M

      WAREHOUSE, STORAGE • 1,800 SF
      10147 Royalton Rd Ste M, North Royalton, OH 44133-4466
      View Details

    Similar Nearby for Sale

    • $1,350,000
      18,920 SF

      Industrial Building with Crane

      Well-maintained industrial building featuring a 5-ton crane.
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      North Royalton Land Opportunity

      Residential land in a new development with sunset views.
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      Residential Land in Prime Location

      Land for sale in a new private cul-de-sac development.
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      Private cul-de-sac lots with stunning views and easy access.
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    Similar Nearby for Lease

    • $9 SF/Yr
      5,000 SF

      North Royalton Industrial Space For Lease

      Functional industrial space for lease, ideal for contractors and distributors.
      12855 York Delta Dr, North Royalton, OH 44133
      View Details
    • $13 SF/Yr
      43,900 SF

      North Royalton Office Space for Lease

      Prime Office & Retail Space Available
      5500 Wallings Rd, North Royalton, OH 44133
      View Details
    • $1,200 /Mo
      2,200 SF

      North Royalton Retail Space Available

      Prime retail space in high-traffic North Royalton location.
      12627-12671 State Rd, North Royalton, OH 44133
      View Details
    • $850 /Mo
      5,859 SF

      Office Space in Business Park

      Office space with private kitchen, conference room, and multiple offices.
      8050 Corporate Cir, North Royalton, OH 44133
      View Details
    • $11 SF/Yr
      1,090 SF

      North Royalton Executive Office Suites

      Prime location, two suites available.
      6785 Wallings Rd, North Royalton, OH 44133
      View Details
    • $10 SF/Yr
      500 SF

      North Royalton Retail Space

      Prime North Royalton retail space, two suites available.
      13901 Ridge Rd, North Royalton, OH 44133
      View Details
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    North Royalton, OH 44133-4409
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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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