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Property profile & analytics
OFF-MARKET
Turn key restaurants
201 Main St Lexington, OH 44904-1366
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1328314
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
FRAME
Total area
7,810 SF
Lot
1.02 ac (44,431 SF)
APN
048-27-136-05-000
UPID
US66-1328314
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
Current use
Occupant on record · Public records
-
Village Green Apartments Apartment Building
-
Papa John's Pizza Restaurant
-
Happy House富林轩 Restaurant
-
Hogsette Physical Therapy, LLC Physician
-
Rock W Webster Jr. DDS Dental Office
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
Zm 802 LLC · 3 yrs held
Zm 802 LLC
since 2023
7 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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
$7,589
Tax year 2023
Assessed value
$107,870
Assessed 2023
Previous assessed
$73,790
+46.2% YoY
Effective rate
7.04%
On assessed value
Assessed land
$20,530
Assessed improvement
$87,340
Land market value
$58,650
Improvement market value
$249,530
Total market value
$308,180
Applied tax rate
4,827.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1984
Construction
FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Total area
7,810 SF
Lot
1.02 ac (44,431 SF)
APN
048-27-136-05-000
UPID
US66-1328314
Jurisdiction
RICHLAND
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
Year built
1984
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Zm 802 LLC
Entity
Mailing address
201 E MAIN ST, LEXINGTON, OH 44904-1366
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
2m 802 LLC
—
Deed
related
$735,000 · Oklahoma Capital Bank
Sep 11, 2025
—
Roscoe W Webster JR
—
Deed
related
$2,443,214 · Sutton Bank
Jan 12, 2023
—
Zm 802 LLC
Ohio Pizza Properties LLC
Warranty Deed
$212,500 · Bnak7
Dec 16, 2020
—
Roscoe W Webster JR
—
Deed
related
$200,000 · Sutton Bank
Jan 31, 2019
—
Ohio Pizzaa Properties LLC
—
Deed
related
$380,000 · Old National Bank
Nov 21, 2017
—
Roscoe W Webster JR
—
Deed
related
$740,000 · Lrr Development Company LLC
Jul 22, 2015
—
Roscoe W Webster JR
Capture Corp
Quit Claim Deed
—
Jul 22, 2015
$250,000
Capture Corp
Marian Webster
Deed
$200,000 · Firstmerit Bank NA
Oct 5, 2006
—
Roscoe Webster
Roscoe W Webster
Intrafamily Transfer
related
—
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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