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    Property profile & analytics

    421 River St Antwerp, OH 45813

    • Drive through restaurants
    • 576 SF
    • 0.13 lot acres
    For Sale
    View listing
    $230,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-4222642
    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

    • The Root Beer Stand / American Restaurant / Fast Food Restaurant

    Property Details for 421 River St

    Year built
    1960
    Lot size
    0.13 lot acres
    Property size
    576 SF
    Property type
    Drive through restaurants
    APN
    12-05S-009-00
    APU
    1205S00900

    Description

    This exceptional turnkey restaurant opportunity in Antwerp, Ohio presents a rare chance to acquire a well-established business with a loyal customer base. Located at 421 W River Street, Unit 421, this property boasts a 0.61-acre lot and offers significant advantages for a new owner. The Root Beer Stand has a long-standing reputation in the community, known for its excellent staff and delicious coney dogs. Its prime location makes it a popular destination for various events, including poker runs, classic car meets, and attracting crowds from nearby little league games. The building itself is well-equipped to handle the demands of a busy restaurant, featuring ample storage solutions. These include a walk-in freezer, a convenient garage for additional storage or equipment, and several large refrigerators within the building. The consistent customer traffic and established reputation of this restaurant make it an attractive investment with significant potential for growth and profitability. This is a truly unique opportunity to own a thriving business in a desirable location. The asking price is $230,000. Serious inquiries only.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Antwerp
    County
    Paulding
    State
    Ohio
    Longitude
    -84.7459
    Latitude
    41.1795

    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
    $1,358
    $2,000
    $18,970
    $20,970
    -
    $5,700
    $54,200
    $59,900

    Comparable in this City

    • Value Estimation by Request
      2,403 SF

      111 Main St

      RESTAURANT • 2,403 SF
      111 Main St, Antwerp, OH 45813-8491
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      $1,815,000
      5,016 SF

      204 Archer Dr

      RESTAURANT • 5,016 SF
      204 Archer Dr, Antwerp, OH 45813-8499
      View Details
    • Value Estimation by Request
      2,505 SF

      303 Riv St

      RESTAURANT • 2,505 SF
      303 Riv St, Antwerp, OH 45813
      View Details
    • Value Estimation by Request
      3,200 SF

      105 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      105 Main St, Antwerp, OH 45813-8406
      View Details
    • Value Estimation
      $95,000
      1,357 SF

      114 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,357 SF
      114 Main St, Antwerp, OH 45813-8491
      View Details
    • Value Estimation
      $270,000
      2,037 SF

      304 Riv St

      CONVENIENCE STORE • 2,037 SF
      304 Riv St, Antwerp, OH 45813-9477
      View Details

    Similar Nearby for Sale

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      Antwerp Restaurant - Turnkey Opportunity

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      421 River St, Antwerp, OH 45813
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    421 River St
    Antwerp, OH 45813
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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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