Property profile

27845 Lorain Rd North Olmsted, OH 44070

OFF-MARKET
Turn key restaurants
Property ID
US66-2023407
2,616 SF 0.89 ac lot Built 1975
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 2,616 SF
Lot 0.89 ac (38,920 SF)
APN 235-11-016
UPID US66-2023407

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

27845 Lorain Rd North Olmsted, OH 44070-4023
North Olmsted metro Census 174204 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2013
1 recorded transaction
2013
$309,894

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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