Individually Owned 
For Lease
1 / 7
$22.50 SF/Yr
6001 East Royalton Rd, Broadview Heights, OH 44147
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Property summary
AI-generated overview
A two-story office building with a total of 63,828 rentable square feet features a multi-tone masonry exterior and tinted ribbon glass windows. The building includes a two-story glass entrance and lobby. It provides office space that can be configured as contiguous suites, including suites of approximately 6,156 RSF (Suite 140), 6,797 RSF (Suite 150), 8,837 RSF (Suite 205), and 1,006 RSF (Suite 215A). Building amenities include one passenger elevator and surface parking for approximately 4.5 spaces per 1,000 SF. A monument sign on I-77 provides roadway visibility.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
TYPE NOT SPECIFIED
Total area
78,640 SF
Lot
5.19 ac (226,207 SF)
Zoning code
E-1
APN
583-24-017
UPID
US66-1515546
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
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Financial Advisor Insurance Agency
-
Corporate Office
-
Financial Advisor
-
Accounting Firm Tax Preparation
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.70M
Blend (final)
Blend
$1.49M
Owner & transaction history
1 recorded transaction
Zoning & alternative use
E-1 · Broadview Heights, OH
Zoning description
To provide Office-Laboratory Districts in close proximity to the major traffic arteries so as to be accessible to widely dispersed administrative and technical personnel in the region
General category
UNKNOWN
Top alternative use upside
Restaurant
$13.3M
+4.3%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.49M
Value range
$1.34M – $1.64M
±10% around blend
Estimated value / SF
$19 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
Income certainty
100
$1.34M
blend $1.49M
$1.64M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
78,640 SF
Lot area
5.19 ac
Year built
2003
Stories
2
APN
583-24-017
Zoning
E-1
Assessed value
$2,165,530
Annual tax
$182,959
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$182,959
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.76M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.9 mi away · 56,320 SF
10.7 mi away · 78,905 SF
18.3 mi away · 68,914 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.49M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 666 sales
$162
-88%
County 697 sales
$163
-88%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $19/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+4%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.50M
Move the market yield to see immediate price impact.
Value / SF
$44
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$220k
$4.41M
$3.15M
$2.45M
$245k
$4.89M
$3.50M
$2.72M
$269k
$5.38M
$3.85M
$2.99M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$2.00M
6.6 mi · Apr 2026 · $20/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$182,959
Tax year 2023
Assessed value
$2,165,530
Assessed 2023
Previous assessed
$2,165,530
+0.0% YoY
Effective rate
8.45%
On assessed value
Assessed land
$210,390
Assessed improvement
$1,955,140
Land market value
$601,100
Improvement market value
$5,586,100
Total market value
$6,187,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
78,640 SF
Lot
5.19 ac (226,207 SF)
Zoning code
E-1
APN
583-24-017
UPID
US66-1515546
Jurisdiction
CUYAHOGA
Zoning & alternative use
E-1 · Broadview Heights, OHZoning E-1 · permitted uses
E-1 · Broadview Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
To provide Office-Laboratory Districts in close proximity to the major traffic arteries so as to be accessible to widely dispersed administrative and technical personnel in the region
General category
UNKNOWN
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
5.19 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
E-1
UNKNOWN
Jurisdiction
Broadview Heights, OH
Recorded code
E-1
Official district
E-1
Official district profile
What the municipal code says about E-1
Zoning description
To provide Office-Laboratory Districts in close proximity to the major traffic arteries so as to be accessible to widely dispersed administrative and technical personnel in the region
General category
UNKNOWN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for E-1 in Broadview Heights, OH.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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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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