Financial
Distress signals
Property profile

9940 York Alpha Dr North Royalton, OH 44133

FOR LEASE
Office buildings
Property ID
US66-1935701
1,752 SF 1.43 ac lot Built 1992
Last sale Nov 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-tenant industrial building includes a 5-ton overhead crane and a crane rail system that allows for an additional 5-ton crane if desired. The structure provides a 14-foot under-hook height and is equipped with new LED lighting and multiple skylights for natural illumination. The building is well-maintained and contains approximately 18,920 square feet of space.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$288k
Assessed land$33k
Assessed improvement$254k
Effective rate7.28%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$475k
NOI build-up
Gross scheduled income$1.30M
Vacancy & credit loss−$48k
Operating expenses−$187k
NOI · 12,484,976.47% cap applied$1.06M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 666 recorded sales of this use type
Observed band · Q1–Q3$70 – $293
Qualifying comparables5

Cap rate analysis

How does the asset earn?
12,484,976.47%
$1.06M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GI
To provide General Industrial Districts for those products and processes which normally require a large amount of motor vehicles, truckin...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Department Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Department Store5.8
Food Market7.0
Accounting Firm7.0

Location

9940 York Alpha Dr North Royalton, OH 44133
County assessor Recorded deeds · 6 transfers 5 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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