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Property profile & analytics
OFF-MARKET
Turn key restaurants
14018 Detroit Ave Lakewood, OH 44107-4522
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-0160790
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1925
Construction
WOOD
Total area
9,084 SF
Lot
0.92 ac (40,173 SF)
Zoning code
C3
APN
312-23-019
UPID
US66-0160790
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
Lakewood Lizard LLC · 23 yrs held
Lakewood Lizard LLC
since 2003
6 recorded transactions
Zoning & alternative use
C3 · Lakewood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$29,127
Tax year 2023
Assessed value
$268,940
Assessed 2023
Previous assessed
$268,940
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$112,490
Assessed improvement
$156,450
Land market value
$321,400
Improvement market value
$447,000
Total market value
$768,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1925
Construction
WOOD
Heating
HOT WATER
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
9,084 SF
Lot
0.92 ac (40,173 SF)
Zoning code
C3
APN
312-23-019
UPID
US66-0160790
Jurisdiction
CUYAHOGA
Zoning & alternative use
C3 · Lakewood, OH
Zoning C3 · permitted uses
C3 · Lakewood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Lakewood Lizard LLC
Entity
Mailing address
25380 MILES RD, BEDFORD HTS, OH 44146-1322
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2018
—
Lakewood Lizard LLC
—
Deed
related
$725,000 · Civista Bk
Jan 31, 2003
$57,000
Lakewood Lizard LLC
Lakewood Investment Co
Grant Deed
related
$456,000 · Park View Fsb
—
—
Lakewood Lizard LLC
—
Deed Of Trust
related
$927,179 · Huntington National Bank
—
—
Lakewood Lizard LLC
—
Deed Of Trust
related
$23,000 · Park View Fsb
—
—
Lakewood Lizard LLC
—
Deed Of Trust
related
$725,000 · Civista Bk
—
—
Lakewood Lizard LLC
—
Deed Of Trust
related
$968,000 · Park View Fsb
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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