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    Property profile & analytics

    21043 Royalton Rd Strongsville, OH 44149-3801

    • Grocery and convenience stores
    • 2,768 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $1,985,000
    Last Sale
    Aug 31, 2021
    $2,159,000
    Location Intelligence
    Property ID
    US66-1169203
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 21043 Royalton Rd

    Year built
    1998
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.10 lot acres
    Property size
    2,768 SF
    Zone code
    MS
    Property type
    Grocery and convenience stores
    APN
    393-05-001
    APU
    39305001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,985,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,300,000
      6.5%
      $2,015,000
      7%
      $2,300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,080,000
      Geo Method
      $1,785,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,795,000
      Retail
      $2,100,000
      Mixed-Use
      $2,375,000
      Hospitality
      $2,160,000
      Educational
      $1,795,000
      Residential Income
      $2,410,000
      Energy
      $1,805,000
      Income-Based Land
      $2,150,000
      Food Service
      $1,965,000

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8582
    Latitude
    41.312
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $61,741
    $315,070
    $440,580
    $755,650
    -
    $900,200
    $1,258,800
    $2,159,000

    Comparable in this City

    • Value Estimation by Request
      5,128 SF

      21034 Royalton Rd

      CONVENIENCE STORE • 5,128 SF
      21034 Royalton Rd, Strongsville, OH 44149-3802
      View Details
    • Value Estimation
      $345,000
      5,314 SF

      20465 Royalton Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,314 SF
      20465 Royalton Rd, Strongsville, OH 44149-4967
      View Details
    • Value Estimation by Request
      2,562 SF

      11062 Prospect Rd

      LAUNDROMAT (SELF-SERVICE) • 2,562 SF
      11062 Prospect Rd, Strongsville, OH 44149-2840
      View Details
    • Value Estimation
      $295,000
      6,000 SF

      11985 Prospect Rd, Unit A2

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      11985 Prospect Rd, Strongsville, OH 44149-2933
      View Details
    • Value Estimation
      $310,000
      3,574 SF

      12700 Prospect Rd

      FINANCIAL BUILDING • 3,574 SF
      12700 Prospect Rd, Strongsville, OH 44149-2972
      View Details
    • Value Estimation
      $275,000
      2,980 SF

      12565 Prospect Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,980 SF
      12565 Prospect Rd, Strongsville, OH 44149-2967
      View Details

    Similar Nearby for Sale

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      19,130 SF

      Retail Property in Strongsville, OH

      Retail property with 19,130 square feet of space.
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      11.51 Acres

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      Prime Strongsville industrial land, build-to-suit.
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      Industrial Land in Strongsville

      87.5 acres of shovel-ready industrial property near key highways.
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    Similar Nearby for Lease

    • Contact for pricing
      7,500 SF

      Strongsville Retail & Restaurant Space

      Prime Strongsville location, new development.
      0 Strongsville Royalton Rd & Prospect Rd, Strongsville, OH 44149
      View Details
    • Contact for pricing
      2,400 SF

      Prospect Plaza Retail Space

      Strongsville storefront, 2,000-3,200 sq ft
      13325 Prospect Rd, Strongsville, OH 44149
      View Details
    • $5 SF/Yr
      38,960 SF

      Available Flex and Office Space

      38,960 SF flex and office space available for lease.
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    • $1,500 /Mo
      52,708 SF

      Strongsville Office Space Available

      Office space available July 1st with private offices and parking.
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    • $3,000 /Mo
      52,708 SF

      Office/Warehouse in Strongsville, Ohio

      Office/warehouse with high ceilings, private entrances, and included utilities.
      19511 Progress Dr, Strongsville, OH 44149
      View Details
    • Contact for pricing
      40,130 SF

      Strongsville Warehouse: 40,130 SF

      Single-tenant industrial warehouse; 22 acres.
      21600 Drake Rd, Strongsville, OH 44149
      View Details
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    Strongsville, OH 44149-3801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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