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Property profile & analytics
OFF-MARKET
Drive through restaurants
221 Main St Rockford, OH 45882-9199
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-3352224
Property summary
AI-generated overview
This exceptional commercial property at 221 N Main Street, Rockford, OH presents a unique investment opportunity. The 548 square foot building sits on a 0.1-acre lot and is currently operating as a well-established seasonal business. The business employs 12-16 part-time employees each season, demonstrating strong operational capacity and potential for continued growth. Recent improvements significantly enhance the property's value and functionality. These upgrades include the installation of new air conditioning units in both the main store and the office space, as well as the addition of a stainless steel freezer and topping rail. This demonstrates a commitment to maintaining and improving the property's operational efficiency. The asking price of $288,750 is for the building and land only
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1964
Total area
548 SF
APN
02-16-152-007
UPID
US66-3352224
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
-
TASTEE TWIRL Grocery & Convenience Store Specialty Food Shop
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
Tastee Twirl Rockford LLC · 1 yrs held
Tastee Twirl Rockford LLC
since 2025
Last sale
$207,514
2 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 Rockford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockford 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
$423
Tax year 2023
Assessed value
$8,700
Assessed 2023
Previous assessed
$9,430
-7.7% YoY
Effective rate
4.86%
On assessed value
Assessed land
$2,450
Assessed improvement
$6,250
Land market value
$6,990
Improvement market value
$17,870
Total market value
$24,860
Applied tax rate
6.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1964
Heating
NONE
Total area
548 SF
APN
02-16-152-007
UPID
US66-3352224
Jurisdiction
MERCER
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
1964
Heating
NONE
Current owner
From public records · entity-resolved
Tastee Twirl Rockford LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1225 STATE RTE 118, ROCKFORD, OH 45882
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
$207,514
Tastee Twirl Rockford LLC
Tastee Twirl LLC
Warranty Deed
—
Oct 30, 2013
$105,000
Tastee Twirl LLC
Aaron Strobel
Warranty Deed
—
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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