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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Drive through restaurants
263 Babbitt Rd Euclid, OH 44123-1639
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1405159
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2003
Construction
TYPE NOT SPECIFIED
Total area
2,978 SF
Lot
0.8 ac (35,022 SF)
Zoning code
U4
APN
644-25-023
UPID
US66-1405159
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
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Mw Centers Shore LLC · 4 yrs held
Mw Centers Shore LLC
since 2021
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
U4 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Citizens Use Districts CHAPTER 1358 ASF Attached Single-Family Districts CHAPTER 1359 U4, U5 and U6 Business and Industrial Districts 1359.01 INTENT. 1359.02 USE REGULATIONS. 1359.03 PERMITTED USES 1359.04 DEFINITIONS OF SPECI…
Zone name
Local Retail Or Wholesale
General category
COMMERCIAL
Zone area
384.55 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
Method
Estimation
Statistic approach
$1,205,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.31M (Sep 30 2021)
Last sale anchor
$1.31M
Sep 30 2021
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
$416 / 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
$26,876
Tax year 2023
Assessed value
$207,060
Assessed 2023
Previous assessed
$207,060
+0.0% YoY
Effective rate
12.98%
On assessed value
Assessed land
$134,820
Assessed improvement
$72,240
Land market value
$385,200
Improvement market value
$206,400
Total market value
$591,600
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
2003
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
2,978 SF
Lot
0.8 ac (35,022 SF)
Zoning code
U4
APN
644-25-023
UPID
US66-1405159
Jurisdiction
CUYAHOGA
Zoning & alternative use
U4 · Euclid, OHZoning U4 · permitted uses
U4 · Euclid, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Citizens Use Districts CHAPTER 1358 ASF Attached Single-Family Districts CHAPTER 1359 U4, U5 and U6 Business and Industrial Districts 1359.01 INTENT. 1359.02 USE REGULATIONS. 1359.03 PERMITTED USES 1359.04 DEFINITIONS OF SPECIFIC USES. 1359.05 SUPPLEMENTAL REGULATIONS FOR ALL USES. 1359.06 REGULATIONS FOR S
Zone name
Local Retail Or Wholesale
General category
COMMERCIAL
Zone area
384.55 ac
Building & site characteristics
From public records
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Mw Centers Shore LLC
Entity
Mailing address
22600 SHR CTR DR, EUCLID, OH 44123-1614
Ownership since
2021
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
Sep 30, 2021
$1,310,425
Mw Centers Shore LLC
Costarr2 LLC
Limited Warranty Deed
—
Sep 30, 2021
—
Mw Centers Shore LLC
Mw Centers Shore LLC
Intrafamily Transfer
related
$9,000,000 · Oceanview Life And Annuity Company
May 30, 2017
—
Costarr 2 LLC
—
Deed
related
$665,000 · First Nat'l Bk/pa
Feb 25, 2015
$460,000
Costarr 2 LLC
Jameson Restaurant LLC
Grant Deed
—
Dec 1, 2014
—
Jameson Restaurant LLC
—
Grant Deed
related
$1,350,000 · Coshore LLC
—
—
Costarr 2 LLC
—
Deed Of Trust
related
$665,000 · First Nat'l Bk/pa
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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