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Financial
Distress signals
Property profile

303 E Royalton Rd Broadview Heights, OH 44147

FOR SALE
Medical Office Space
Property ID
US66-4571003
21,054 SF 0.69 ac lot Built 2001
Last sale Sep 2025 · $1,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This freestanding medical office building in Wellpoint Plaza provides three levels of office and medical space totaling approximately 22,000 square feet. The property is located at 303 E Royalton Rd in Broadview Heights, Ohio, within a neighborhood retail center that includes Handel’s Ice Cream and The Boneyard, and it is situated within walking distance of Broadview Heights City Hall and the Rec Center. The building is configured as a dedicated medical office use within the broader Wellpoint Plaza environment.

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?
$86k
Tax billed · 2023
Assessed value$1.02M
Assessed land$168k
Assessed improvement$853k
Effective rate8.39%

Value estimate

· Oct 2026
$2.92M
$2.63M – $3.21M
CAP approach$3.57M
Submarket $/SF estimate$3.04M
NOI build-up
Gross scheduled income$417k
Vacancy & credit loss−$102k
Operating expenses−$79k
NOI · 9.45% cap applied$236k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$58 – $171

Cap rate analysis

How does the asset earn?
9.45%
$236k 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?
C-4
The purpose of the C-4 Shopping Center District is to encourage the development of planned, integrated shopping centers within the city, ...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.1
Auto Parts Store13.8
Wholesale Shop13.3

Location

303 E Royalton Rd Broadview Heights, OH 44147
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2001 Royalton, Broadview Heights, OH 44147-2811 $4,590,441 Jun 2025 15,048 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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