4343 Royalton RdBroadview Heights, OH 44147
- Retail properties
- 83,495 SF
Property Details for 4343 Royalton Rd
- Year built
- 2011
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 9.70 AC
- Property size (Sq ft)
- 83,495 SF
- Zone code
- E-1
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 583-18-008
- APU
- 58318008
Description
This exceptional 0.68-acre commercial land parcel presents a unique investment opportunity in the thriving Broadview Heights, Ohio market. Located at 4343 E Royalton Rd, zip code 44147, this single-tenant property offers significant potential for various commercial ventures. The land is designated for commercial use within Cuyahoga County. The property boasts a total land area of 0.68 acres, providing ample space for development. The site's strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in this dynamic area. With its convenient access to major roadways and a strong local economy, this property is poised for success. The property is currently available for lease. Serious inquiries are encouraged to explore the possibilities of this prime commercial land parcel. The property is zoned for commercial use and is ready for immediate development. This is a rare opportunity to acquire a well-situated commercial land parcel in a high-growth area. The site's flat topography simplifies development plans, minimizing potential site preparation costs. This property is perfect for businesses seeking a high-profile location with excellent visibility and accessibility. Further details regarding zoning and development regulations are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $23,341,894
- 6.5%
- $21,546,364
- 7%
- $20,007,338
-
Comparable approach
- Method
- Valuation
- Relative Method
- $19,681,508
- Geo Method
- $19,681,508
-
Alternative Use
- Use
- Valuation
- Residential
- $18,175,164
- Hospitality
- $16,648,352
- Educational
- $13,851,234
- Medical
- $14,327,599
- Retail
- $21,546,364
Location Insight
- City
- Broadview Heights
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.3152
- Longitude
- -81.6555
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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