Technical
Financial
Distress signals
Property profile

16632 Royalton Rd Strongsville, OH 44136

OFF-MARKET
Warehouses
Property ID
US66-3144239
147,287 SF 15.58 ac lot Built 2009
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Construction TYPE NOT SPECIFIED
Total area 147,287 SF
Lot 15.58 ac (678,774 SF)
Zoning code MS
APN 396-14-001
UPID US66-3144239

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Distribution Center Logistics Company

Location

16632 Royalton Rd Strongsville, OH 44136
Strongsville metro Census 186106 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.31M
Comparable Approach Comparable
$12.64M
Blend (final) Blend
$12.09M

Owner & transaction history

since 2015
7 recorded transactions
2015
$9.8M
2012
Price N/A
2008
Price N/A
2005
Price N/A
2000
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

MS · Strongsville, OH
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

General category UNKNOWN
Top alternative use upside
Medical building $16.0M +112.2%
Neighborhood: shopping center $14.9M +97.8%
Auto repair, garage $13.1M +73.7%

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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