Financial
Distress signals
Property profile

16533 Royalton Rd Strongsville, OH 44136

FOR LEASE
Auto shops
Property ID
US66-0666453
5,880 SF 1.37 ac lot Built 1988
Last sale Jun 2015 · $4,189,314
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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16533 Royalton Rd, Strongsville, OH 44136 For Lease
$400,000
16533 Royalton Rd, Strongsville, OH 44136
View Listing

Property summary

AI-generated overview

The property is a 5,880-square-foot former automotive center configured for commercial use. It has more than 200 feet of frontage on Route 82/Royalton Road and is positioned just off I-71. The location provides access to retail neighbors including Chick-fil-A, Costco, Target, and Dick’s Sporting Goods.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$283k
Assessed land$138k
Assessed improvement$145k
Effective rate8.17%

Value estimate

· Sep 2026
$400k
$360k – $440k
AI approach$400k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
Submarket average, outlier-cleaned · 231 recorded sales of this use type
Observed band · Q1–Q3$43 – $170
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MS
Buildings and land shall be used and buildings shall be designed, erected, altered, moved or maintained in whole or in part in Motorist S...
General categoryUNKNOWN
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm8.2
Storage Facility8.6
Veterinary Clinic8.2

Location

16533 Royalton Rd Strongsville, OH 44136
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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