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    Property profile & analytics

    204 Benton St Oak Harbor, OH 43449

    • Drive through restaurants
    • 560 SF
    • 0.31 lot acres
    For Sale
    View listing
    $389,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-6116005
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 204 Benton St

    Year built
    2003
    Construction
    CONCRETE BLOCKS
    Lot size
    0.31 lot acres
    Property size
    560 SF
    Property type
    Drive through restaurants
    APN
    027-10712-14338-000
    APU
    271071214338000

    Description

    This exceptional 944-square-foot freestanding restaurant building presents a lucrative investment opportunity in Oak Harbor, Ohio. Located at 204 Benton St, this property sits on a 0.31-acre lot (Permanent Parcel Number: 027-10712-14338-000) and boasts a newly remodeled interior, ready for immediate occupancy. The asking price is $389,000, translating to $412.08 per square foot. Its prime location on a busy main street ensures high visibility and ample foot traffic. The corner lot provides excellent street frontage and allows for prominent placement of a large pole sign, maximizing marketing potential. Ample parking is available for customers and staff. This turnkey restaurant building is ideal for a variety of culinary concepts, offering a strong foundation for immediate success in a thriving community. The property's convenient location in Ottawa County, Ohio, with a zip code of 43449, provides easy access to local amenities and a strong customer base. Don't miss this chance to acquire a well-positioned, ready-to-operate restaurant in a desirable market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $210,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $220,000
      Mixed-Use
      $225,000
      Hospitality
      $195,000
      Educational
      $185,000
      Residential Income
      $225,000
      Energy
      $220,000
      Income-Based Land
      $185,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Harbor
    County
    Ottawa
    State
    Ohio
    Longitude
    -83.1532
    Latitude
    41.5102
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,092
    $28,676
    $16,146
    $44,822
    -
    $81,930
    $46,130
    $128,060

    Comparable in this City

    • Value Estimation
      $355,000
      609 SF

      10980 State Rte 2nd 2

      DRIVE-THRU RESTAURANT, FAST FOOD • 609 SF
      10980 State Rte 2nd 2, Oak Harbor, OH 43449-8902
      View Details
    • Value Estimation
      $220,000
      2,240 SF

      115 Water St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,240 SF
      115 Water St, Oak Harbor, OH 43449-1449
      View Details
    • Value Estimation
      $215,000
      3,464 SF

      124 Water St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,464 SF
      124 Water St, Oak Harbor, OH 43449
      View Details
    • Value Estimation
      $255,000
      664 SF

      114 Water St

      DRIVE-THRU RESTAURANT, FAST FOOD • 664 SF
      114 Water St, Oak Harbor, OH 43449-1448
      View Details
    • Value Estimation
      $490,000
      13,120 SF

      102 Water St

      RESTAURANT • 13,120 SF
      102 Water St, Oak Harbor, OH 43449-1332
      View Details
    • Value Estimation
      $160,000
      3,473 SF

      118 Water St

      RESTAURANT • 3,473 SF
      118 Water St, Oak Harbor, OH 43449-1332
      View Details

    Similar Nearby for Sale

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      Prime Oak Harbor Restaurant

      Freestanding drive-thru, remodeled, high-traffic location.
      204 Benton St, Oak Harbor, OH 43449
      View Details
    • $389,000
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      Freestanding Restaurant Building For Sale

      944 SF freestanding restaurant on 0.31 AC for sale.
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    204 Benton St
    Oak Harbor, OH 43449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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