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Property profile & analytics
OFF-MARKET
Drive through restaurants
38315 Chestnut Rdg Rd Elyria, OH 44035-8644
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-4349476
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Total area
2,380 SF
Lot
1.2 ac (52,272 SF)
APN
11-00-092-000-091
UPID
US66-4349476
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
-
KFC Restaurant
-
Aldi Grocery & Convenience Store Food Market
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
Aventurine Tri LLC · 2 yrs held
Aventurine Tri LLC
since 2024
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 Elyria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elyria 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
$48,547
Tax year 2023
Assessed value
$868,000
Assessed 2023
Previous assessed
$868,010
0.0% YoY
Effective rate
5.59%
On assessed value
Assessed land
$633,465
Assessed improvement
$234,535
Land market value
$1,809,900
Improvement market value
$670,100
Total market value
$2,480,000
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Heating
NONE
Stories
1
Units
1
Total area
2,380 SF
Lot
1.2 ac (52,272 SF)
APN
11-00-092-000-091
UPID
US66-4349476
Jurisdiction
LORAIN
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
Heating
NONE
Stories
1
Units
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Aventurine Tri LLC
Entity
Ownership since
2024
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
Jan 23, 2024
—
Aventurine Tri LLC
Psf Abc Eaton Point LLC
Assignment Of Lease (leasehold Sale)
—
Jun 19, 2020
$2,480,000
B T Yee Investments LLC
Falcon Realty Resources LLC
Grant Deed
—
Jul 1, 2019
—
Falcon Realtyy Resources LLC
—
Deed
related
$1,484,836 · The Huntington National Bank
Jun 28, 2019
$590,000
Falcon Realty Resources LLC
Marsh,general C
Warranty Deed
—
Aug 22, 2018
$574,000
C Marsh
B&h Dia Corp
Warranty Deed
—
Apr 6, 2018
—
B & H Dia Corp
—
Deed
related
$195,000 · Buckeye Cmnty Bk
Sep 13, 2016
$460,000
B & H Dia Corp
C Marsh
Warranty Deed
$185,000 · Buckeye Community Bank
—
—
B & H Dia Corp
—
Deed Of Trust
related
$195,000 · Buckeye Cmnty Bk
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.
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