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Property profile & analytics
FOR SALE
Drive through restaurants
1607 Johnson Ave, Bridgeport, WV 26330
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US94-0169780
For Sale
$2,751,114
1607 Johnson Ave, Bridgeport, WV 26330
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Lot
1.27 ac (55,321 SF)
APN
17-16- 289-0009.0001
UPID
US94-0169780
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
$2.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.66M
Owner & transaction history
Bob Evans Restaurants LLC · 1 yrs held
Bob Evans Restaurants LLC
since 2024
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
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 Bridgeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeport 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
Method
Estimation
Statistic approach
$2,655,000
ML approach
$2,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.66M
Range $2.39M – $2.92M · ±10% · vs last sale $2.66M (Dec 26 2024)
Last sale anchor
$2.66M
Dec 26 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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 2024Property tax & assessments
Tax year 2024
Tax billed
$19,096
Tax year 2024
Assessed value
$634,260
Assessed 2024
Previous assessed
$622,500
+1.9% YoY
Effective rate
3.01%
On assessed value
Assessed land
$280,020
Assessed improvement
$354,240
Land market value
$466,700
Improvement market value
$590,400
Total market value
$1,057,100
Applied tax rate
16.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Heating
NONE
Lot
1.27 ac (55,321 SF)
APN
17-16- 289-0009.0001
UPID
US94-0169780
Jurisdiction
HARRISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.27 ac
Current owner
From public records · entity-resolved
Bob Evans Restaurants LLC
Entity
Free & Clear · 1 yrs held
Mailing address
200 S BISCAYNE BLVD, MIAMI, FL 33131-2310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 26, 2024
—
Bob Evans Restaurants LLC
Cot Bob Evans Restaurants LLC
Deed
—
Dec 26, 2024
$2,656,248
Hatcher West Virginia LLC
Cot Bob 44 Holdco LLC
Special Warranty Deed
$1,606,204 · City National Bank Of West Virginia
Jul 13, 2023
$2,405,775
Cot Bob 44 Holdco LLC
Afn Absprop001 LLC
Special Warranty Deed
$66,215,000 · Wells Fargo Bank
Jul 1, 2019
$2,840,000
Afn Absprop001l LLC
Arg Be23prop02 LLC
Quit Claim Deed
related
—
Sep 19, 2018
$2,734,782
Arg Be23propo2 LLC
Ber R/e Invs I LLC
Grant Deed
—
Jun 1, 2017
$5,400,000
Ber Real Est Investments I LLC
Bob Evans Farms LLC
Grant Deed
related
$200,000,000 · Wells Fargo Bk
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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