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Financial
Distress signals
Property profile

500 Royalton Rd 550 Broadview Heights, OH 44147

OFF-MARKET
Banks
Property ID
US66-2326330
3,024 SF 2.85 ac lot Built 1995
Last sale Nov 2005 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

First Merit Plaza, located at 500 E Royalton Rd, Broadview Heights, OH 44147, offers a 2,128 square foot executive office space for lease. This single-floor office building is situated behind the main plaza, which is a 31,250 square foot multi-tenant property. The building enjoys a convenient location at the intersection of Broadview Road and Route 82, in Cuyahoga County. Its prime location offers easy access to I-77, as well as nearby amenities such as Giant Eagle and University Hospital. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$76k
Tax billed · 2023
Assessed value$910k
Assessed land$348k
Assessed improvement$562k
Effective rate8.39%

Value estimate

· Oct 2026
$385k
$347k – $424k
AI approach$385k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$77 – $431
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.6
Auto Repair Shop12.3
Pharmacy12.0

Location

500 Royalton Rd, Unit 550 Broadview Heights, OH 44147-2597
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8700 Broadview, Broadview Heights, OH 44147-1948 $1,050,000 Mar 2022 14,014 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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