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Property profile & analytics
OFF-MARKET
Retail space
12613 State Rd North Royalton, OH 44133-3201
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US66-0077586
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Construction
WOOD
Total area
1,008 SF
Lot
0.6 ac (26,100 SF)
Zoning code
TCD
APN
488-10-018
UPID
US66-0077586
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rjv Properties INC · 24 yrs held
Rjv Properties INC
since 2002
1 recorded transaction
Zoning & alternative use
TCD · North Royalton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Traditional Town Center District (TCD) and its regulations are established in order to permit specific uses, at a development intensity in a manner that Encourages skillful planning by allowing flexibility in type and placement of buildings while promoting coordinated architectural design within a unified development area, Encourages a mixture of complem…
Zone name
Traditional Town Center
General category
COMMERCIAL
Zone area
260.60 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Royalton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Royalton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,058
Tax year 2023
Assessed value
$55,760
Assessed 2023
Previous assessed
$55,760
+0.0% YoY
Effective rate
7.28%
On assessed value
Assessed land
$26,150
Assessed improvement
$29,610
Land market value
$74,700
Improvement market value
$84,600
Total market value
$159,300
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
15
Rooms
4
Bathrooms
1
Total area
1,008 SF
Lot
0.6 ac (26,100 SF)
Zoning code
TCD
APN
488-10-018
UPID
US66-0077586
Jurisdiction
CUYAHOGA
Zoning & alternative use
TCD · North Royalton, OHZoning TCD · permitted uses
TCD · North Royalton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Traditional Town Center District (TCD) and its regulations are established in order to permit specific uses, at a development intensity in a manner that Encourages skillful planning by allowing flexibility in type and placement of buildings while promoting coordinated architectural design within a unified development area, Encourages a mixture of complementary land uses that includes housing, retail, offices, and commercial services to create economic and social vitality and to encourage the linking of trips
Zone name
Traditional Town Center
General category
COMMERCIAL
Zone area
260.60 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
15
Buildings
2
Rooms
4
Bathrooms
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Rjv Properties INC
Entity
Mailing address
15151 YORK RD, NORTH ROYALTON, OH 44133-4520
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2002
$171,300
Rjv Properties INC
Rein Trust
Grant Deed
$171,300 · Rein Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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