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    Property profile & analytics

    500 Leavitt Rd Amherst, OH 44001-1131

    • Drive through restaurants
    • 5,447 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Location Intelligence
    Property ID
    US66-1252922
    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 500 Leavitt Rd

    Year built
    2005
    Lot size
    1.05 lot acres
    Property size
    5,447 SF
    Property type
    Drive through restaurants
    APN
    05-00-040-106-079
    APU
    500040106079

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2101
    Latitude
    41.4119
    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
    $38,949
    $140,074
    $511,931
    $652,005
    -
    $400,210
    $1,462,660
    $1,862,870

    Comparable in this City

    • Value Estimation
      $360,000
      3,041 SF

      604 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,041 SF
      604 Leavitt Rd, Amherst, OH 44001-1175
      View Details
    • Value Estimation
      $375,000
      2,072 SF

      47370 Cooper Foster Park Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,072 SF
      47370 Cooper Foster Park Rd, Amherst, OH 44001-3310
      View Details
    • Value Estimation
      $295,000
      2,662 SF

      7502 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,662 SF
      7502 Leavitt Rd, Amherst, OH 44001-2702
      View Details
    • Value Estimation
      $340,000
      2,898 SF

      940 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,898 SF
      940 Leavitt Rd, Amherst, OH 44001-1137
      View Details
    • Value Estimation
      $375,000
      3,448 SF

      900 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,448 SF
      900 Leavitt Rd, Amherst, OH 44001-1137
      View Details
    • Value Estimation
      $360,000
      2,830 SF

      901 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,830 SF
      901 Leavitt Rd, Amherst, OH 44001-1136
      View Details

    Similar Nearby for Sale

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      Unimproved 5-acre land parcel for custom home or hobby farm.
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    Similar Nearby for Lease

    • Contact for pricing
      6,500 SF

      Retail Space Near Oak Point

      Retail, restaurant, and professional service space for sale/lease.
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      High-traffic retail space available. Excellent location.
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      Retail space available in a shopping center anchored by major retailers.
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    • $5,000 /Mo
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      Amherst Office/Medical Space Available

      6,000 SF office/medical space in high-growth area.
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    • Contact for pricing
      268,159 SF

      Amherst Warehouse with Freeway Visibility

      268,159 SF warehouse with convenient freeway access.
      Sandstone Blvd, Amherst, OH 44001
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    • Contact for pricing

      High Profile Development Site

      Development site in Amherst retail corridor, near major retailers.
      2255 Cooper Foster Park Rd, Amherst, OH 44001
      View Details

    Property Visit Statistics

    • Visits by month
      64.4k
    • Visitors by month
      31.1k
    • Avg Time on site
      15 min
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    500 Leavitt Rd
    Amherst, OH 44001-1131
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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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