Realmo Analytics

Get property leads for Acquiring or Refinance. View reports on 50M+ commercial properties in the US.

Lead list sample
Financial
Distress signals
Property profile

16620 Royalton Rd Strongsville, OH 44136

FOR SALE
Auto shops
Property ID
US66-1788996
6,187 SF 1.02 ac lot Built 1992
Last sale Feb 2005 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 6,187-square-foot retail outlot building located on Royalton Road in Strongsville, Ohio, positioned at a signalized intersection with reported vehicle traffic counts of nearly 55,000 vehicles per day. The property is situated across from South Park Mall and the Cleveland Clinic and is part of a visited retail trade area in Northeast Ohio. It is an outlot within a retail node that includes nearby anchors such as Costco and a Chick-fil-A.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$34k
Tax billed · 2023
Assessed value$412k
Assessed land$255k
Assessed improvement$157k
Effective rate8.17%

Value estimate

· Oct 2026
$795k
$716k – $875k
AI approach$830k
Submarket $/SF estimate$519k
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$8k
Operating expenses−$25k
NOI · 1.88% cap applied$59k

Realmo valuation models over county records and 10 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 comparables10

Cap rate analysis

How does the asset earn?
1.88%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Firm14.0
Wholesale Shop13.8
Auto Repair Shop11.9

Location

16620 Royalton Rd Strongsville, OH 44136
County assessor Recorded deeds · 5 transfers 10 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

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17572 Pearl, Strongsville, OH 44136-6867 $880,000 Jan 2025 6,500 SF
13672 Royalton, Strongsville, OH 44136-5434 $290,000 Aug 2021 1,218 SF
18488 Pearl, Strongsville, OH 44136 $240,000 Aug 2021 1,708 SF
8000 Pearl, Strongsville, OH 44136-1632 $2,700,000 Jul 2021 10,809 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again