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    Property profile & analytics

    317 Broad St Elyria, OH 44035-5503

    • Turn key restaurants
    • 3,032 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 20, 2020
    Location Intelligence
    Property ID
    US66-2237607
    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

    • Turn key restaurants

    Property Details for 317 Broad St

    Year built
    1920
    Lot size
    0.15 lot acres
    Property size
    3,032 SF
    Property type
    Turn key restaurants
    APN
    06-26-082-000-014
    APU
    626082000014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1044
    Latitude
    41.368
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $796
    $5,250
    $5,250
    $10,500
    -
    $15,000
    $15,000
    $30,000

    Comparable in this City

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      $120,000
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      528 Riv N Rd

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      528 Riv N Rd, Elyria, OH 44035-4956
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      $50,000
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      656 Sugar Ln

      RESTAURANT • 1,536 SF
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      $95,000
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      45955 Telegraph Rd

      RESTAURANT • 1,288 SF
      45955 Telegraph Rd, Elyria, OH 44035-4249
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      $290,000
      2,433 SF

      615 Cleveland St

      RESTAURANT • 2,433 SF
      615 Cleveland St, Elyria, OH 44035-4103
      View Details
    • Value Estimation
      $285,000
      2,132 SF

      2422 Rdg Rd

      RESTAURANT • 2,132 SF
      2422 Rdg Rd, Elyria, OH 44035-1325
      View Details

    Similar Nearby for Sale

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      Elyria Retail Building For Sale

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      Fully operational restaurant and bar with equipment and liquor license.
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      Former Restaurant Building Near Mall

      Former restaurant building near retail area, major highways, and retailers.
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    Similar Nearby for Lease

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    • $1,200 /Mo
      Pending

      Retail Space on Chestnut Ridge

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    • $12 SF/Yr
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      Elyria Commercial Space Available

      Flexible Office Space, Prime Location
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      1,423 SF

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      Retail space with high visibility and major anchor tenants.
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      Elyria Retail Space For Lease

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    • $6 SF/Yr
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      Elyria Warehouse with Office Space

      60,732 SF warehouse with 5,000 SF office space.
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      View Details
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    Elyria, OH 44035-5503
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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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