Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Drive through restaurants
519 Avon Belden Rd Avon Lake, OH 44012-2207
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0385175
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1993
Total area
3,236 SF
Lot
0.9 ac (39,204 SF)
APN
04-00-017-103-115
UPID
US66-0385175
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
-
Las Margaritas Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$665k
Owner & transaction history
Cleavonbelden LLC · 3 yrs held
Cleavonbelden LLC
since 2022
Last sale
$770,800
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 Avon Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Lake 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
Method
Estimation
Statistic approach
$605,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $771k (Aug 29 2022)
Last sale anchor
$771k
Aug 29 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / SF
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
$18,712
Tax year 2023
Assessed value
$252,001
Assessed 2023
Previous assessed
$369,570
-31.8% YoY
Effective rate
7.43%
On assessed value
Assessed land
$86,447
Assessed improvement
$165,554
Land market value
$246,990
Improvement market value
$473,010
Total market value
$720,000
Applied tax rate
11.0000
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
Year built
1993
Heating
NONE
Stories
1
Units
1
Total area
3,236 SF
Lot
0.9 ac (39,204 SF)
APN
04-00-017-103-115
UPID
US66-0385175
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
Year built
1993
Heating
NONE
Stories
1
Units
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Cleavonbelden LLC
Entity
Mailing address
1914 CHARTLEY RD, GATES MILLS, OH 44040-9798
Ownership since
2022
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
Aug 29, 2022
$720,800
Cleavonbelden LLC
Jamr 4 LLC
Limited Warranty Deed
—
Nov 29, 2021
—
Jamr 4 LLC
—
Deed
related
$2,150,000 · Dollar Bank Fsb
Jul 1, 2013
$940,000
Jamr 4 LLC
Margam Investment-519 Avon
Warranty Deed
$725,000 · Dollar Bank Fsb
Jun 27, 2012
—
Margam Investment-519 Avon
2100 Center Road Avon LLC
Quit Claim Deed
related
—
Jan 26, 2012
—
Margam Inv-519 Avon Belden
2100 Center Road Avon LLC
Quit Claim Deed
related
—
Aug 20, 2010
—
2100 Center Road Avon LLC
Margam Inv-519 Avon Belden Roa
Quit Claim Deed
related
—
Feb 20, 2009
$1,000,000
Margam Inv-519 Avon Belden Roa
Shoreham Dev
Warranty Deed
—
—
—
Margam Inv 519 Avon Belden Roa
—
Deed Of Trust
related
$840,000 · American National Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 519 Avon Belden Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
