Technical
Financial
Distress signals
Property profile

1615 Riv N Rd Elyria, OH 44035

OFF-MARKET
Community centers
Property ID
US66-5180469
8,320 SF 0.96 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Total area 8,320 SF
Lot 0.96 ac (41,818 SF)
APN 06-24-173-000-023
UPID US66-5180469

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1615 Riv N Rd Elyria, OH 44035-2715
Elyria metro Census 70300 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.34M

Owner & transaction history

since 2020
Last sale
$3.4M
4 recorded transactions
2020
$3.4M
2019
$3.1M
2015
$5.5M
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $5.2M +712.2%

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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