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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Turn key restaurants
17884 Lk Rd Lakewood, OH 44107-1045
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1696578
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1951
Construction
TYPE NOT SPECIFIED
Total area
11,832 SF
Lot
1.45 ac (63,336 SF)
Zoning code
R1L
APN
311-04-012
UPID
US66-1696578
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
$831k
Blend (final)
Blend
$870k
Owner & transaction history
The Clifton Club Company · 5 yrs held
The Clifton Club Company
since 2021
7 recorded transactions
Zoning & alternative use
R1L · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±10%
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
$74 / SF
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
$44,877
Tax year 2023
Assessed value
$414,370
Assessed 2023
Previous assessed
$414,370
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$133,000
Assessed improvement
$281,370
Land market value
$380,000
Improvement market value
$803,900
Total market value
$1,183,900
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
1951
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
11,832 SF
Lot
1.45 ac (63,336 SF)
Zoning code
R1L
APN
311-04-012
UPID
US66-1696578
Jurisdiction
CUYAHOGA
Zoning & alternative use
R1L · Lakewood, OH
Zoning R1L · permitted uses
R1L · 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
1951
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
The Clifton Club Company
Entity
Mailing address
17884 LK RD, LAKEWOOD, OH 44107-1045
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2021
—
The Clifton Club Company
—
Deed
related
$840,000 · Columbia State Bank
Dec 20, 2016
—
Clifton Club Co
—
Deed
related
$922,000 · Buckeye Cmnty Bk
Mar 21, 2007
—
Clifton Club Co
—
Trustees Deed
related
$25,000 · First Fed'l S & L Assn Lakewoo
—
—
Clifton Club Co
—
Deed Of Trust
related
$125,000 · First Fed'l S & L Assn Lakewoo
—
—
Clifton Club Co
—
Deed Of Trust
related
$922,000 · Buckeye Cmnty Bk
—
—
Clifton Club Co
—
Deed Of Trust
related
$220,000 · First Federal Of Lakewood
—
—
Clifton Club Co
—
Deed Of Trust
related
$25,000 · First Federal Of Lakewood
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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