4343 E Royalton Rd Broadview Heights, OH 44147
Property profile & analytics
4343 E Royalton Rd, Broadview Heights, OH 44147
- Grocery and convenience stores
- 83,495 SF
- 9.70 lot acres
Property ID
US66-1310832
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 4343 E Royalton Rd
- Year built
- 2011
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 9.70 lot acres
- Zone code
- E-1
- Property type
- Grocery and convenience stores
- APN
- 583-18-008
- APU
- 58318008
Description
This exceptional 0.68-acre commercial land parcel presents a unique investment opportunity in the thriving Broadview Heights, Ohio market. Located at 4343 E Royalton Rd, zip code 44147, this single-tenant property offers significant potential for various commercial ventures. The land is designated for commercial use within Cuyahoga County. The property boasts a total land area of 0.68 acres, providing ample space for development. The site's strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in this dynamic area. With its convenient access to major roadways and a strong local economy, this property is poised for success. The property is currently available for lease. Serious inquiries are encouraged to explore the possibilities of this prime commercial land parcel. The property is zoned for commercial use and is ready for immediate development. This is a rare opportunity to acquire a well-situated commercial land parcel in a high-growth area. The site's flat topography simplifies development plans, minimizing potential site preparation costs. This property is perfect for businesses seeking a high-profile location with excellent visibility and accessibility. Further details regarding zoning and development regulations are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,370,000
- 6.5%
- $12,340,000
- 7%
- $11,460,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,206,000
- AI Estimate
- $7,588,000
Market price range: $2.40M - $9.21MMarket price range: $2.20M - $7.59M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $14,085,000
- OFFICE BUILDING
- $13,505,000
- MEDICAL BUILDING
- $9,075,000
- NEIGHBORHOOD: SHOPPING CENTER
- $8,460,000
- AUTO REPAIR, GARAGE
- $7,430,000
- COMMERCIAL (GENERAL)
- $6,920,000
- APARTMENT HOUSE (5+ UNITS)
- $6,180,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Broadview Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6555
- Latitude
- 41.3152
- 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
$284,299
$1,300,850
$2,066,790
$3,367,640
-
$3,716,700
$5,905,100
$9,621,800
