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Property profile & analytics
OFF-MARKET Estimated value $2,995,000
Drive through restaurants

11616 Franklin Blvd Cleveland, OH 44102

1,974 SF 0.08 ac lot Built 1993
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-2455397
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Construction TYPE NOT SPECIFIED
Total area 1,974 SF
Lot 0.08 ac (3,600 SF)
Zoning code GR
APN 001-23-001
UPID US66-2455397
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
$2.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.00M
Owner & transaction history
Pacific Bells LLC · 3 yrs held
Pacific Bells LLC
since 2022
Last sale
$3.3M
7 recorded transactions
2022
Price N/A
2022
$3.3M
2022
$3.0M
2020
Price N/A
2015
Price N/A
2013
$1.0M
1999
$450,000
Zoning & alternative use
GR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Zoning District: GR-C2 Current Use: Vacant T otal Structure Sqft: 3772.5 SITE DATA TABLE 100’ 90’ 30’ 20’ 8’ 5’ 45’ 50’ 69’ 60’ 5’ 7’6”75’ 8’ 86’7’6” 20’ 7’6” 52’6”’ 20’ 10’ 15’ 9’17’ 9’17’ 9’17’ 9’17’ 24’ 30’ 40’ 48’ 12’ 1 2 3 4 5 6 6 6 7 7 7 7 7 8 8 9 10 11 11 12 13 14 NOT SHOWN IN SAMPLE SITE PLAN:Generic Commercial Site Plan To be used in tandem with the…

Zone name General Retail Business
General category COMMERCIAL
Zone area 1.80 ac
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