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Property profile & analytics
OFF-MARKET
Manufacturing properties
9941 York Theta Dr North Royalton, OH 44133-3512
Entity Owned
Free & Clear
Property ID
US66-1676498
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
TYPE NOT SPECIFIED
Total area
7,060 SF
Lot
0.81 ac (35,345 SF)
Zoning code
GI
APN
483-12-011
UPID
US66-1676498
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
9941 York Theta LLC
9941 York Theta LLC
since 2026
7 recorded transactions
Zoning & alternative use
GI · North Royalton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide General Industrial Districts for those products and processes which normally require a large amount of motor vehicles, trucking and railservicefor transportation of raw materials and finished products, but in which dust, smoke, fumes, glare, odors or other objectionable influences can be controlled
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
751.69 ac
Source
Realmo
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
$9,618
Tax year 2023
Assessed value
$132,160
Assessed 2023
Previous assessed
$132,160
+0.0% YoY
Effective rate
7.28%
On assessed value
Assessed land
$18,760
Assessed improvement
$113,400
Land market value
$53,600
Improvement market value
$324,000
Total market value
$377,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
7,060 SF
Lot
0.81 ac (35,345 SF)
Zoning code
GI
APN
483-12-011
UPID
US66-1676498
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · North Royalton, OHZoning GI · permitted uses
GI · North Royalton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide General Industrial Districts for those products and processes which normally require a large amount of motor vehicles, trucking and railservicefor transportation of raw materials and finished products, but in which dust, smoke, fumes, glare, odors or other objectionable influences can be controlled
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
751.69 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
9941 York Theta LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2571 MCCARREN DR, MEDINA, OH 44256-7376
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2026
—
Ironcore Commercial Group LLC
—
Deed
related
$440,000 · The Middlefield Banking Co
Feb 18, 2026
—
9941 York Theta LLC
Felix L Theys Living Trust
Deed
—
Sep 22, 2025
—
Felix L Theys Living Trust
Felix L Theys
Deed
related
—
Jul 11, 2015
—
Felix L Theys
Theys F L Living Trust
Quit Claim Deed
related
—
Apr 25, 2011
—
Theys Felix L Living Trust
Theys,felix L
Quit Claim Deed
related
—
Mar 16, 2011
$15,000
May Properties Ltd
Theys,felix L
Warranty Deed
—
Mar 16, 2011
—
May Properties Ltd
May Properties Ltd
Quit Claim Deed
related
—
—
—
Felix L Theys
—
Deed Of Trust
related
$167,000 · Us Bank NA
—
—
Felix L Theys
—
Deed Of Trust
related
$250,000 · Firstar Bank
—
—
Felix L Theys
—
Deed Of Trust
related
$398,341 · Us Bank NA
—
—
Felix L Theys
—
Deed Of Trust
related
$250,000 · Star Bank
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.
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