Property profile

1285 State Rte 28 Loveland, OH 45140

OFF-MARKET
Turn key restaurants
Property ID
US66-2484505
5,634 SF 1.63 ac lot Built 1978
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

Commercial building along State Route 28, originally operated as a restaurant, with approximately 5,634 square feet of interior space on a lot of approximately 1.628 acres. The building provides frontage and visibility along a heavily traveled corridor and is zoned B-2, supporting a range of commercial uses. The interior layout includes dine-in, drive-thru, kitchen, and service areas, with back-of-house prep and storage configured for foodservice operations; it also includes an existing drive-thru lane designed to support fast-service or hybrid ordering. The property includes a commercial kitchen equipped with remaining owned foodservice equipment such as refrigeration, cooking appliances, hood/exhaust systems, shelving, and related support equipment. The site includes ample paved parking for customers and staff, and the dining area is arranged to accommodate multiple seating configurations, subject to applicable county approval for any change of use.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Construction FRAME
Total area 5,634 SF
Lot 1.63 ac (70,916 SF)
APN 18-24-03G-066
UPID US66-2484505

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1285 State Rte 28 Loveland, OH 45140-8765
Loveland metro Census 40702 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2026
Last sale
$1.2M
2 recorded transactions
2026
$1.2M
2015
$2.9M

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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