Property profile

4955 Royalton Rd Broadview Heights, OH 44147

OFF-MARKET
Grocery and convenience stores
Property ID
US66-2970472
5,568 SF 2.84 ac lot Built 2011
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2011
Construction TYPE NOT SPECIFIED
Total area 5,568 SF
Lot 2.84 ac (123,558 SF)
Zoning code C-2
APN 583-20-017
UPID US66-2970472

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
  • Grocery & Convenience Store
  • Atm
  • Atm
  • Gas Station

Location

4955 Royalton Rd Broadview Heights, OH 44147-3501
Broadview Heights metro Census 136103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.08M
Comparable Approach Comparable
$974k
Blend (final) Blend
$1.14M

Owner & transaction history

since 2011
4 recorded transactions
2013
Price N/A
2011
$350,000
2004
Price N/A
1999
$125,000

Zoning & alternative use

C-2 · Broadview Heights, OH
Zoning description

The purpose of the C-2 General Commercial District is to provide for the need to allow certain commercial uses which either generate relatively high traffic volumes, which require large land areas and/or which may not be…

General category COMMERCIAL
Top alternative use upside
Restaurant $940,000 +66.5%
Office building $900,000 +59.7%

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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