Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
6027 Royalton Rd 31 North Royalton, OH 44133-5103
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2085183
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Total area
5,032 SF
Lot
0.72 ac (31,500 SF)
Zoning code
TCD
APN
487-06-022
UPID
US66-2085183
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patio 82 LLC · 5 yrs held
Patio 82 LLC
since 2020
Last sale
$370,000
7 recorded transactions
Zoning & alternative use
TCD · North Royalton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Royalton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Royalton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,859
Tax year 2023
Assessed value
$149,210
Assessed 2023
Previous assessed
$110,880
+34.6% YoY
Effective rate
7.28%
On assessed value
Assessed land
$66,150
Assessed improvement
$83,060
Land market value
$189,000
Improvement market value
$237,300
Total market value
$426,300
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
0
Total area
5,032 SF
Lot
0.72 ac (31,500 SF)
Zoning code
TCD
APN
487-06-022
UPID
US66-2085183
Jurisdiction
CUYAHOGA
Zoning & alternative use
TCD · North Royalton, OH
Zoning TCD · permitted uses
TCD · North Royalton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Royalton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
0
Lot
0.72 ac
Current owner
From public records · entity-resolved
Patio 82 LLC
Entity
Mailing address
7581 PEARL RD, MIDDLEBURG HEIGHTS, OH 44130-6429
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
Patio 82 LLC
—
Deed
related
$100,000 · The Farmers National Bank Of Canfield
May 26, 2023
—
Patio 82 LLC
—
Deed
related
$1,400,000 · The Farmers National Bank Of Canfield
Sep 9, 2022
—
Patio 82 LLC
—
Deed
related
$570,000 · First National Bank Of Pennsylvania
Jul 30, 2020
$370,000
Patio 82 LLC
Canary Of Ohio LLC
Warranty Deed
—
Jul 30, 2020
$375,000
Canary Of Ohio LLC
Patio 82 LLC
Dual Purpose Document
$375,000 · Patio 82 LLC
—
—
Canary Of Ohio LLC
—
Deed Of Trust
related
$185,000 · Dollar Bank Fsb
—
—
Canary Of Oh LLC
—
Deed Of Trust
related
$170,000 · Dollar Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6027 Royalton Rd, Unit 31?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
