Technical
Financial
Distress signals
Property profile

38228 Glenn Ave Willoughby, OH 44094

OFF-MARKET
Turn key restaurants
Property ID
US66-6253038
3,585 SF 0.14 ac lot Built 1899
Individually Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1899
Total area 3,585 SF
Lot 0.14 ac (6,125 SF)
Zoning code G-B
APN 27-A-030-A-00-011-0
UPID US66-6253038

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
  • Bar & Pub

Location

38228 Glenn Ave Willoughby, OH 44094-7808
Willoughby metro Census 201400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2010
7 recorded transactions
2017
Price N/A
2010
$316,000
2005
$200,000
2004
Price N/A
2004
$510,000
1999
Price N/A
1969
Price N/A

Zoning & alternative use

G-B · Willoughby, OH
Zoning description

It is intended to provide for commercial services and activities in locations that are adequately served by major streets and other facilities and to encourage the grouping of businesses in shopping centers.

General category COMMERCIAL

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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