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    Property profile & analytics

    32950 Walker Rd Avon Lake, OH 44012-1437

    • Turn key restaurants
    • 2,556 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US66-2414717
    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

    • Café Melissa / Cafe / American Restaurant

    Property Details for 32950 Walker Rd

    Year built
    2002
    Lot size
    0.89 lot acres
    Property size
    2,556 SF
    Property type
    Turn key restaurants
    APN
    04-00-018-128-221
    APU
    400018128221

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $440,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $375,000
      Mixed-Use
      $405,000
      Hospitality
      $360,000
      Educational
      $470,000
      Residential Income
      $380,000
      Energy
      $460,000
      Income-Based Land
      $395,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Avon Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0234
    Latitude
    41.4937
    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
    $16,142
    $94,983
    $122,406
    $217,389
    -
    $271,380
    $349,730
    $621,110

    Comparable in this City

    • Value Estimation
      $1,855,000
      5,530 SF

      32914 Walker Rd

      RESTAURANT • 5,530 SF
      32914 Walker Rd, Avon Lake, OH 44012-1437
      View Details
    • Value Estimation
      $340,000
      1,878 SF

      31953 Lk Rd

      RESTAURANT • 1,878 SF
      31953 Lk Rd, Avon Lake, OH 44012-2066
      View Details
    • Value Estimation
      $245,000
      2,902 SF

      32485 Lk Rd

      RESTAURANT • 2,902 SF
      32485 Lk Rd, Avon Lake, OH 44012-1765
      View Details
    • Value Estimation
      $90,000
      2,380 SF

      153 Lear Rd

      RESTAURANT • 2,380 SF
      153 Lear Rd, Avon Lake, OH 44012-1904
      View Details
    • Value Estimation
      $265,000
      1,349 SF

      184 Lear Rd

      RESTAURANT • 1,349 SF
      184 Lear Rd, Avon Lake, OH 44012
      View Details
    • Value Estimation
      $205,000
      1,305 SF

      33451 Lk Rd

      RESTAURANT • 1,305 SF
      33451 Lk Rd, Avon Lake, OH 44012-1136
      View Details

    Similar Nearby for Sale

    • $600,000
      4,000 SF

      Retail/Office Space on Walker Rd

      Retail/Office space available for sale on Walker Rd.
      33680 Walker Rd, Avon Lake, OH 44012
      View Details
    • Contact for pricing
      3.60 Acres

      Avon Lake Commercial Land Site

      High-traffic, 3.6-acre commercial lot.
      732 Avon Belden Rd, Avon Lake, OH 44012
      View Details
    • Contact for pricing

      Lake Erie Redevelopment Opportunity

      40+ acres of land for transformation and redevelopment on Lake Erie.
      33570 Lake Rd, Avon Lake, OH 44012
      View Details
    • $175,000
      1 SF

      Avon Lake Professional Office Condos

      Two professional office condos in prime Avon Lake location.
      33398 Walker D, Avon Lake, OH 44012
      View Details
    • $759,000
      9.35 Acres

      Avon Lake Development Land

      9.35 Acres, $759,000 - Prime Location
      31960 Krebs Rd, Avon Lake, OH 44012
      View Details
    • $175,000
      1.00 Acre

      Avon Lake Commercial Office Condos

      Two professional office condos in prime Avon Lake location.
      33398 Walker Rd, Avon Lake, OH 44012
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    Similar Nearby for Lease

    • Contact for pricing
      74,419 SF

      Learwood Square Retail Space

      Avon Lake retail space, prime location, multiple tenants.
      375-409 Lear Rd, Avon Lake, OH 44012
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Avon Lake

      Retail spaces available in established shopping center anchored by Giant Eagle.
      375 Lear Rd, Avon Lake, OH 44012
      View Details
    • Contact for pricing
      49,000 SF

      Avon Retail Center: 1,152 SF Available

      Prime Avon retail space; newly renovated, ample parking.
      33382 Walker Rd, Avon Lake, OH 44012
      View Details
    • $329,000

      Commercial Land on Pin Oak

      Commercial land for rent with excellent access and utilities.
      32866 Pin Oak Pkwy, Avon Lake, OH 44012
      View Details
    • Contact for pricing

      High-Visibility Avon Lake Land

      3.6-acre commercial lot, prime location.
      732 Avon Belden Rd, Avon Lake, OH 44012
      View Details

    Property Visit Statistics

    • Visits by month
      13.9k
    • Visitors by month
      9.8k
    • Avg Time on site
      65 min
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    32950 Walker Rd
    Avon Lake, OH 44012-1437
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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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