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Property profile

5041 Abbe Rd North Elyria, OH 44035

FOR SALE
Drive through restaurants
Property ID
US66-4513377
2,666 SF 0.98 ac lot
Last sale Dec 2022 · $1,428,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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5041 Abbe Rd North, Elyria, OH 44035 For Sale
Contact for pricing 2,666 SF
5041 Abbe Rd North, Elyria, OH 44035
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$289k
Assessed land$142k
Assessed improvement$147k
Effective rate6.43%

Value estimate

· Oct 2026
$1.12M
$1.01M – $1.23M
AI approach$1.11M
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 2.08% cap applied$31k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$55 – $185
Qualifying comparables8

Cap rate analysis

How does the asset earn?
2.08%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.8
Realty agency14.8
Wholesale Shop14.1

Location

5041 Abbe Rd North Elyria, OH 44035
County assessor Recorded deeds · 7 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42935 Rdg, Elyria, OH 44035-1052 $420,000 Feb 2025 3,262 SF
100 4th, Elyria, OH 44035-5906 $352,000 Jan 2025 2,384 SF
1001 Broad, Elyria, OH 44035-6303 $1,548,400 Oct 2024 3,069 SF
212 Ee, Elyria, OH 44035-5615 $218,000 Oct 2024 2,202 SF
720 Lk, Elyria, OH 44035-3544 $60,000 Sep 2024 2,182 SF
405 Woodland, Elyria, OH 44035-3219 $120,000 Jun 2024 2,562 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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