Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants
371 Blagrove St Richwood, OH 43344-1014
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-0114203
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1963
Total area
600 SF
Lot
0.39 ac (16,988 SF)
APN
06-0010005.0000
UPID
US66-0114203
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
Current use
Occupant on record · Public records
-
Richwood Dairy Bar Restaurant
-
LS Treats and Eats Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ls Treats LLC · 3 yrs held
Ls Treats LLC
since 2023
Last sale
$36,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Richwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richwood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$672
Tax year 2023
Assessed value
$10,430
Assessed 2023
Previous assessed
$10,430
+0.0% YoY
Effective rate
6.44%
On assessed value
Assessed land
$3,780
Assessed improvement
$6,650
Land market value
$10,800
Improvement market value
$18,990
Total market value
$29,790
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1963
Heating
NONE
Stories
1
Bathrooms
1
Total area
600 SF
Lot
0.39 ac (16,988 SF)
APN
06-0010005.0000
UPID
US66-0114203
Jurisdiction
UNION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Ls Treats LLC
Entity
Free & Clear · 3 yrs held
Mailing address
214 E BLAGROVE ST, RICHWOOD, OH 43344-1013
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
—
Ls Treats LLC
—
Deed
related
$110,000 · The Mt Victory State Bank
May 31, 2023
$36,000
Ls Treats LLC
Heather L Queen
Warranty Deed
—
Jun 4, 2018
$75,000
Heather L Queen
Craig A Moran
Warranty Deed
$125,000 · Mt Victory State Bank
Mar 28, 2018
$75,000
Craig A Morgan
David M Haller
Deed
$122,000 · Mt Victory State Bank
Mar 13, 2015
$73,000
David M Haller
Chapman Thomas L & Annette J
Warranty Deed
$93,000 · Thomas L & Annette J Chapman
Jul 2, 2010
$76,000
Thomas L Chapman
Mercy Management LLC
Warranty Deed
$70,000 · The Richwood Banking Co
Jun 22, 2007
$185,000
Mercy Management LLC
Gaeth Enterprises LLC
Warranty Deed
$294,000 · The Huntington National Bank
Aug 2, 2006
$185,000
Gaeth Ents LLC
Norris,george L & Marjorie J
Warranty Deed
$175,500 · Keybank USA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 371 Blagrove St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
