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    Property profile & analytics

    11005 Gore Orphanage Rd Wakeman, OH 44889-9587

    • Turn key restaurants
    • 2,780 SF
    • 12.57 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US66-2258747
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Vermilion Valley Vineyards / Winery / Event Venue

    Property Details for 11005 Gore Orphanage Rd

    Year built
    2009
    Lot size
    12.57 lot acres
    Property size
    2,780 SF
    Property type
    Turn key restaurants
    APN
    08-00-098-000-035
    APU
    800098000035

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wakeman
    County
    Lorain
    State
    Ohio
    Longitude
    -82.3296
    Latitude
    41.3288
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,872
    $31,938
    $101,595
    $133,533
    -
    $91,250
    $290,270
    $381,520

    Comparable in this City

    • Value Estimation
      $130,000
      3,056 SF

      52868 State Rte 113

      RESTAURANT • 3,056 SF
      52868 State Rte 113, Wakeman, OH 44889-9666
      View Details
    • Value Estimation
      $315,000
      1,813 SF

      63 Us Hwy 20

      RESTAURANT • 1,813 SF
      63 Us Hwy 20, Wakeman, OH 44889
      View Details
    • Value Estimation
      $45,000
      2,080 SF

      6328 Us Hwy 20

      RESTAURANT • 2,080 SF
      6328 Us Hwy 20, Wakeman, OH 44889-9276
      View Details
    • Value Estimation by Request
      384 SF

      18 Pleasant St

      DRIVE-THRU RESTAURANT, FAST FOOD • 384 SF
      18 Pleasant St, Wakeman, OH 44889-9424
      View Details
    • Value Estimation by Request
      3,200 SF

      78 Hyde St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,200 SF
      78 Hyde St, Wakeman, OH 44889-9304
      View Details
    • Value Estimation
      $250,000
      1,919 SF

      6056 Us Hwy 20

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,919 SF
      6056 Us Hwy 20, Wakeman, OH 44889-9089
      View Details

    Similar Nearby for Sale

    • $390,000
      14.84 Acres

      Wakeman, OH Agricultural Land

      14.8 acre parcel zoned General Business with outbuilding.
      6175 Us Highway 20, Wakeman, OH 44889
      View Details
    • $269,900
      16.75 Acres

      Wakeman, OH Land Parcel

      16.75-acre parcel zoned Commercial/Industrial/Residential in Firelands School District.
      State Route 113, Wakeman, OH 44889
      View Details
    • $195,000

      Wakeman, OH Multi-Family Investment

      Three-unit multi-family property in Wakeman, Ohio, with cash flow.
      22 Main St, Wakeman, OH 44889
      View Details
    • $550,000
      12.38 Acres

      Wakeman Commercial Land - $550K

      12 Acres, C2 Zoning, High Visibility
      2508 Oh-60, Wakeman, OH 44889
      View Details
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    11005 Gore Orphanage Rd
    Wakeman, OH 44889-9587
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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