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    FOR LEASE
    Medical Office Space

    303 E Royalton Rd, Broadview Heights, OH 44147

    21,054 SF 0.69 ac lot Built 2001
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US66-4571003
    Property summary
    AI-generated overview

    This exceptional 22,000-square-foot medical office building presents a compelling investment opportunity. Situated in the desirable Wellpoint Plaza in Broadview Heights, Ohio, this freestanding, three-story structure enjoys a prime location within a thriving neighborhood retail center. The building's state-of-the-art design and amenities make it ideal for medical practices seeking a high-visibility presence. Its convenient location offers easy access to major roadways, including proximity to I-77 (1.9 miles or a 5-minute drive). The property's 1.5-acre lot provides ample space and parking. Furthermore, its location within walking distance of City Hall and the Recreation Center, coupled with its proximity to popular establishments like Handel's Ice Cream and The Boneyard, ensures high foot traffic and visibility. The surrounding area boasts highly-rated Brecksville Broadview Heights Schools, consistently ranked among the top 20 in Ohio. This property offers a unique blend of convenience, visibility, and a strong community presence, making it an exceptional investment for discerning medical professionals. The building's modern design and ample space cater to a variety of medical specialties. This is a rare opportunity to acquire a well-situated, high-quality medical office building in a thriving Ohio community. The address is 303 E Royalton Rd, Broadview Heights, OH 44147.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2001
    Total area 21,054 SF
    Lot 0.69 ac (29,914 SF)
    Zoning code C-4
    APN 583-12-072
    UPID US66-4571003
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.57M
    Comparable Approach Comparable
    $3.04M
    Blend (final) Blend
    $2.92M
    Owner & transaction history
    Royalton Road Properties LLC
    Royalton Road Properties LLC
    since 2025
    1 recorded transaction
    2025
    $2.0M
    Zoning & alternative use
    C-4 · Broadview Heights, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.8M +62.8%
    Office building $3.4M +48.8%
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