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    Property profile & analytics

    35040 Royalton Rd Grafton, OH 44044-9539

    • Drive through restaurants
    • 760 SF
    • 1.95 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Mar 29, 2023
    Location Intelligence
    Property ID
    US66-5524129
    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

    • Drive through restaurants

    Property Details for 35040 Royalton Rd

    Year built
    1955
    Lot size
    1.95 lot acres
    Property size
    760 SF
    Property type
    Drive through restaurants
    APN
    11-00-035-000-011
    APU
    1100035000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0021
    Latitude
    41.3143
    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
    $4,575
    $18,218
    $60,326
    $78,544
    -
    $52,050
    $172,360
    $224,410

    Comparable in this City

    • Value Estimation
      $130,000
      1,216 SF

      486 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,216 SF
      486 Main St, Grafton, OH 44044-1244
      View Details
    • Value Estimation
      $350,000
      3,642 SF

      493 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,642 SF
      493 Main St, Grafton, OH 44044-1243
      View Details
    • Value Estimation
      $580,000
      4,228 SF

      412 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,228 SF
      412 Main St, Grafton, OH 44044-1206
      View Details
    • Value Estimation
      $125,000
      1,802 SF

      893 Main St

      RESTAURANT • 1,802 SF
      893 Main St, Grafton, OH 44044-1435
      View Details
    • Value Estimation
      $290,000
      1,700 SF

      11935 Grafton Rd

      RESTAURANT • 1,700 SF
      11935 Grafton Rd, Grafton, OH 44044-9138
      View Details
    • Value Estimation
      $455,000
      2,440 SF

      35000 Royalton Rd

      RESTAURANT • 2,440 SF
      35000 Royalton Rd, Grafton, OH 44044-9539
      View Details

    Similar Nearby for Sale

    • $125,000
      6.86 Acres

      Turnkey Donut Shop For Sale

      Established donut shop with steady customer traffic, fully equipped.
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      Royalton Road Commercial Property

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      View Details
    • $235,000
      Pending

      Grafton, OH - 5 Acre Lot

      5 acre lot zoned for light industrial with residential potential.
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    • $50,000
      1.44 Acres

      Grafton, OH - 1.44 Acre Lot

      1.44-acre partially wooded lot in a peaceful rural residential area.
      Capel Rd, Grafton, OH 44044
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    • $900,000

      Grafton Land For Sale

      Divisible land parcel with utilities and high traffic counts.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,118 SF

      Grafton Retail Center - Main Street

      High-traffic retail space available. Excellent condition.
      480 Main St, Grafton, OH 44044
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      1.4 acres of retail-zoned land with high visibility.
      36018 Avon Belden Rd, Grafton, OH 44044
      View Details
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    Grafton, OH 44044-9539
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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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