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Property profile & analytics
OFF-MARKET
Motels
15385 Royalton Rd Strongsville, OH 44136-5440
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-5974178
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1979
Construction
TYPE NOT SPECIFIED
Total area
16,128 SF
Lot
1.96 ac (85,378 SF)
Zoning code
MS
APN
399-02-013
UPID
US66-5974178
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
Sheetz INC · 1 yrs held
Sheetz INC
since 2024
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
MS · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Buildings and land shall be used and buildings shall be designed, erected, altered, moved or maintained in whole or in part in Motorist Service Districts
Zone name
Motorist Service
General category
UNKNOWN
Zone area
101.50 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 Strongsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strongsville 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
$56,345
Tax year 2023
Assessed value
$689,610
Assessed 2023
Previous assessed
$689,610
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$219,940
Assessed improvement
$469,670
Land market value
$628,400
Improvement market value
$1,341,900
Total market value
$1,970,300
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
54
Total area
16,128 SF
Lot
1.96 ac (85,378 SF)
Zoning code
MS
APN
399-02-013
UPID
US66-5974178
Jurisdiction
CUYAHOGA
Zoning & alternative use
MS · Strongsville, OHZoning MS · permitted uses
MS · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Buildings and land shall be used and buildings shall be designed, erected, altered, moved or maintained in whole or in part in Motorist Service Districts
Zone name
Motorist Service
General category
UNKNOWN
Zone area
101.50 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
54
Lot
1.96 ac
Current owner
From public records · entity-resolved
Sheetz INC
Entity
Mailing address
5700 6TH AVE, ALTOONA, PA 16602-1111
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2024
—
Sheetz INC
Abc Sheetz Strongsville LLC
Deed
—
Oct 30, 2024
$4,850,000
Spf Investments L L C
Abc Sheetz Strongsville LLC
Warranty Deed
—
Apr 29, 2024
—
Sheetz INC
Abc Strongsville LLC
Lease
—
Jan 31, 2024
$3,488,000
Abc Sheetz Strongsville LLC
River Park Investments INC
Warranty Deed
$4,000,000 · Strongsville Oh LLC
Jan 13, 2011
$1,273,300
River Park Investments INC
Motel 4 Baps INC
Grant Deed
$654,000 · First National Bank
Apr 1, 2008
$1,850,000
Motel 4 Baps INC
Motel 6 Operating
Grant Deed
related
$1,800,000 · Huntington National Bank
Oct 1, 2007
$5,011,554
Motel 6 Operating
Second Berkshire Props LLC
Grant Deed
—
Jan 6, 2000
$3,866,600
Second Berkshire Prop LLC
Red Roof Inns INC
Grant Deed
—
—
—
River Park Investments INC
—
Deed Of Trust
related
$464,000 · Cascade Capital Corp
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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