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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Strip malls
13000 Royalton Rd North Royalton, OH 44133-4232
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-0512258
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1957
Construction
TYPE NOT SPECIFIED
Total area
21,500 SF
Lot
3 ac (130,680 SF)
Zoning code
LB
APN
483-07-001
UPID
US66-0512258
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
$840k
Owner & transaction history
K & F Property Town Center LLC · 12 yrs held
K & F Property Town Center LLC
since 2013
5 recorded transactions
Zoning & alternative use
LB · North Royalton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$39 / SF
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
$30,566
Tax year 2023
Assessed value
$420,010
Assessed 2023
Previous assessed
$420,010
+0.0% YoY
Effective rate
7.28%
On assessed value
Assessed land
$182,950
Assessed improvement
$237,060
Land market value
$522,700
Improvement market value
$677,300
Total market value
$1,200,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1957
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
21,500 SF
Lot
3 ac (130,680 SF)
Zoning code
LB
APN
483-07-001
UPID
US66-0512258
Jurisdiction
CUYAHOGA
Zoning & alternative use
LB · North Royalton, OH
Zoning LB · permitted uses
LB · North Royalton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Royalton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
3 ac
Current owner
From public records · entity-resolved
K & F Property Town Center LLC
Entity
Free & Clear · 12 yrs held
Mailing address
7596 DAYTONA DR, PARMA, OH 44134-6649
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2023
—
K & F Property Harvard LLC
—
Deed
related
$3,500,000 · Civista Bank
Sep 12, 2013
—
K & F Property Town Center LLC
K & F Property Town Center LLC
Quit Claim Deed
related
—
Apr 8, 2008
—
K & F Property Town Center LLC
Frangias,demetrios N
Quit Claim Deed
related
$1,125,000 · Citizens Federal Bank Fsb
Feb 16, 2000
$901,500
Town Center Partnership
Kendren,joseph L
Grant Deed
$685,000 · Republic Bank
—
—
Joseph L Kendren
—
Deed Of Trust
related
$700,000 · Premierbank & 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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