Property profile

22930 Royalton Rd Strongsville, OH 44149

OFF-MARKET
Manufacturing properties
Property ID
US66-2034013
26,750 SF 3.75 ac lot Built 1998
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 26,750 SF
Lot 3.75 ac (163,215 SF)
Zoning code GI
APN 392-06-003
UPID US66-2034013

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
  • Industrial Manufacturer Production Facility

Location

22930 Royalton Rd Strongsville, OH 44149-3842
Strongsville metro Census 186103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.69M
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$415k

Owner & transaction history

since 2001
2 recorded transactions
2001
$1.4M
1998
Price N/A

Zoning & alternative use

GI · Strongsville, OH
Zoning description

Buildings and land shall be used, and buildings shall be designed, erected, altered, moved and maintained, in whole or in part, in a General Industrial District

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $2.2M +92.2%
Apartment house (5+ units) $2.0M +71.6%

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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