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    Property profile & analytics

    5152 Merten Dr Mason, OH 45040-9495

    • Turn key restaurants
    • 6,662 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    $3,365,000
    Last Sale
    Dec 28, 2023
    $3,696,000
    Location Intelligence
    Property ID
    US66-1467611
    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

    • Carrabba's Italian Grill / Gluten-Free Restaurant / Takeout Restaurant

    Property Details for 5152 Merten Dr

    Year built
    2000
    Construction
    BRICK
    Lot size
    1.25 lot acres
    Property size
    6,662 SF
    Property type
    Turn key restaurants
    APN
    16-32-435-002-0
    APU
    16324350020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,640,000
      6.5%
      $3,455,000
      7%
      $3,510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,470,000
      Geo Method
      $3,580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,885,000
      Retail
      $3,675,000
      Mixed-Use
      $2,945,000
      Hospitality
      $3,020,000
      Educational
      $3,910,000
      Residential Income
      $2,915,000
      Energy
      $3,510,000
      Income-Based Land
      $3,615,000
      Food Service
      $3,490,000

    Location Insight

    • Map
    • Local Demand
    City
    Mason
    County
    Warren
    State
    Ohio
    Longitude
    -84.3157
    Latitude
    39.2993
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN 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
    $36,794
    $286,825
    $221,865
    $508,690
    -
    $819,500
    $633,900
    $1,453,400

    Comparable in this City

    • Value Estimation by Request
      18,028 SF

      5005 Deerfield Blvd

      RESTAURANT • 18,028 SF
      5005 Deerfield Blvd, Mason, OH 45040-2505
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    • Value Estimation
      $540,000
      6,506 SF

      5013 Bowen Dr

      RESTAURANT • 6,506 SF
      5013 Bowen Dr, Mason, OH 45040-7671
      View Details
    • Value Estimation by Request
      6,138 SF

      2512 Kings Ctr Ct

      RESTAURANT • 6,138 SF
      2512 Kings Ctr Ct, Mason, OH 45040-2392
      View Details
    • Value Estimation
      $950,000
      5,097 SF

      5456 Kings Ctr Dr

      RESTAURANT • 5,097 SF
      5456 Kings Ctr Dr, Mason, OH 45040-2374
      View Details
    • Value Estimation
      $1,135,000
      5,854 SF

      5571 Rte 741

      RESTAURANT • 5,854 SF
      5571 Rte 741, Mason, OH 45040
      View Details
    • Value Estimation by Request
      0.10 Acres

      Escort Dr

      RESTAURANT • 0.10 Acres
      Escort Dr, Mason, OH 45040
      View Details

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    Mason, OH 45040-9495
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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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