Property profile

3501 Royalton Rd Broadview Heights, OH 44147

OFF-MARKET
Office buildings
Property ID
US66-1532067
9,396 SF 1.63 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 9,396 SF
Lot 1.63 ac (71,071 SF)
Zoning code C-3
APN 583-18-014
UPID US66-1532067

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
  • Crisis Center Medical Clinic
  • Counselor
  • Building Supply General Contractor
  • Building Supply General Contractor
  • IT Consulting Firm (Bike/Boat/Book/etc) Store

Location

3501 Royalton Rd Broadview Heights, OH 44147-2983
Broadview Heights metro Census 136103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.82M
CAP Approach CAP
$2.10M
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.89M

Owner & transaction history

since 2023
Last sale
$1.6M
7 recorded transactions
2023
$1.6M
2023
$1.6M
2018
$38,528
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Broadview Heights, OH
Zoning description

The purpose of the C-3 Office Space District is to provide areas within the city devoted exclusively to professional services, banking and other similar financial services, and the management of commercial, industrial, p…

General category INDUSTRIAL
Top alternative use upside
Restaurant $1.6M +4.3%

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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