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Property profile & analytics
OFF-MARKET
Turn key restaurants
5223 Detroit Rd Sheffield Village, OH 44054-2902
Entity Owned
~
Est. High Equity
Property ID
US66-0364975
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Total area
5,893 SF
Lot
2.44 ac (106,286 SF)
APN
03-00-012-000-186
UPID
US66-0364975
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
5223 Detroit Building LLC
5223 Detroit Building LLC
since 2025
Last sale
$447,500
6 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 Sheffield Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheffield Village 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$21,952
Tax year 2023
Assessed value
$341,604
Assessed 2023
Previous assessed
$341,600
+0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$176,701
Assessed improvement
$164,903
Land market value
$504,860
Improvement market value
$471,150
Total market value
$976,010
Applied tax rate
65.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Heating
YES
Stories
1
Units
1
Total area
5,893 SF
Lot
2.44 ac (106,286 SF)
APN
03-00-012-000-186
UPID
US66-0364975
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
2007
Heating
YES
Stories
1
Units
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
5223 Detroit Building LLC
Entity
Mailing address
5223 DETROIT RD, SHEFFIELD VILLAGE, OH 44054-2902
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2025
—
5223 Detriot Building LLC
—
Deed
related
$397,000 · Artino Real Estate LLC
Jul 31, 2025
$447,500
5223 Detroit Building LLC
Artino Real Estate LLC
Deed
—
May 8, 2012
$750,000
Artino Real Estate LLC
Ge Cap Franchise Fin Corp
Grant Deed
—
Jan 6, 2010
—
Ge Cap Franchise Fin Corp
Tumbleweed INC
Warranty Deed
related
—
Sep 22, 2006
$720,000
Tumbleweed INC
Sheffield Crossing West Ltd
Grant Deed
—
—
—
Artino Real Estate LLC
—
Deed Of Trust
related
$300,000 · Huntington National Bank
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.
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