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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Drive through restaurants
19701 Lk Rd Rocky River, OH 44116-1842
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1700784
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1966
Construction
TYPE NOT SPECIFIED
Total area
1,238 SF
Lot
0.3 ac (13,217 SF)
Zoning code
LB
APN
301-18-002
UPID
US66-1700784
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
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Cleveland Cuyahoga County Port Auth · 3 yrs held
Cleveland Cuyahoga County Port Auth
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
LB · Rocky River, 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 Rocky River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky River 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
$700,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $750k (Jul 12 2023)
Last sale anchor
$750k
Jul 12 2023
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
$582 / 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
$6,727
Tax year 2023
Assessed value
$69,020
Assessed 2023
Previous assessed
$69,020
+0.0% YoY
Effective rate
9.75%
On assessed value
Assessed land
$41,650
Assessed improvement
$27,370
Land market value
$119,000
Improvement market value
$78,200
Total market value
$197,200
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
Off-Market
Year built
1966
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,238 SF
Lot
0.3 ac (13,217 SF)
Zoning code
LB
APN
301-18-002
UPID
US66-1700784
Jurisdiction
CUYAHOGA
Zoning & alternative use
LB · Rocky River, OH
Zoning LB · permitted uses
LB · Rocky River, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Cleveland Cuyahoga County Port Auth
Entity
Mailing address
1100 W 9TH ST #300, CLEVELAND, OH 44113-1030
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2023
—
Cleveland Cuyahoga County Port Auth
Lake Road Rocky River LLC
Ground Lease
related
—
Jun 7, 2023
$750,000
Lake Road Rocky River LLC
Dogstar LLC
Limited Warranty Deed
—
May 24, 2022
$220,000
Dogstar LLC
Leonard J Fink
Warranty Deed
—
May 29, 2019
—
Firas O Alahwal
Alahwal,osama M
Quit Claim Deed
related
—
Dec 23, 1998
$207,500
Leonard J Fink
Annabella E Carlos Trustee
Grant Deed
$197,500 · Annabella E Carlos Trustee
—
—
Michael S Chambers
—
Deed Of Trust
related
$151,000 · Northern Savings & Loan Co
—
—
Leonard J Fink
—
Deed Of Trust
related
$80,525 · Bank One NA
—
—
Michael S Chambers
—
Deed Of Trust
related
$180,000 · Lorain National Bank
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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