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Property profile & analytics
OFF-MARKET
Drive through restaurants
250 222nd St Euclid, OH 44123
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6237166
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2010
Construction
TYPE NOT SPECIFIED
Total area
3,922 SF
Lot
0.22 ac (9,750 SF)
Zoning code
U8
APN
642-11-042
UPID
US66-6237166
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fx Fast 222 Street LLC · 3 yrs held
Fx Fast 222 Street LLC
since 2023
Last sale
$176,300
6 recorded transactions
Zoning & alternative use
U8 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363 U8 Office Building Districts CHAPTER 1364 C-I Campus Institutional District CHAPTER 1365 Overlay Districts Chapter 1368 Conditional Use Appr…
Zone name
Office Building
General category
OPEN_SPACE
Zone area
70.10 ac
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 Euclid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Euclid 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
$34,364
Tax year 2023
Assessed value
$294,390
Assessed 2023
Previous assessed
$294,390
+0.0% YoY
Effective rate
11.67%
On assessed value
Assessed land
$56,320
Assessed improvement
$238,070
Land market value
$160,900
Improvement market value
$680,200
Total market value
$841,100
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
2010
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
3,922 SF
Lot
0.22 ac (9,750 SF)
Zoning code
U8
APN
642-11-042
UPID
US66-6237166
Jurisdiction
CUYAHOGA
Zoning & alternative use
U8 · Euclid, OHZoning U8 · permitted uses
U8 · Euclid, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363 U8 Office Building Districts CHAPTER 1364 C-I Campus Institutional District CHAPTER 1365 Overlay Districts Chapter 1368 Conditional Use Approval Procedures and Regulations TITLE ELEVEN - Provisions Affecting Use, Structure
Zone name
Office Building
General category
OPEN_SPACE
Zone area
70.10 ac
Building & site characteristics
From public records
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Fx Fast 222 Street LLC
Entity
Mailing address
260 E 222ND ST, EUCLID, OH 44123-1719
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
—
Fx Fast 222 Street LLC
Fx Net Lease Holdings LLC
Intrafamily Transfer
related
$20,000,000 · Morgan Stanley Private Bank NA
Mar 23, 2016
—
Fx Net Lease Holdings LLC
Euclid Restaurant Mgmt LLC
Grant Deed
related
—
Aug 28, 2015
—
Euclid Restaurant Management L
Fox Family Management Ltd
Warranty Deed
related
—
Mar 11, 2009
—
Fox Family Management Ltd
Fox,richard C
Quit Claim Deed
related
—
Jun 4, 2008
—
Fox Family Management LLC
Fox,richard C
Quit Claim Deed
related
—
Aug 2, 2002
$176,300
Richard C Fox
Western Reserve Mgmt INC
Grant 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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