Realmo Analytics

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Property profile

5348 E Lake Rd Sheffield Lake, OH 44054

FOR SALE
Turn key restaurants
Property ID
US66-1113629
4,480 SF 0.24 ac lot Built 1970
Last sale Mar 2021 · $340,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$9k
Tax billed · 2023
Assessed value$133k
Assessed land$10k
Assessed improvement$123k
Effective rate7.09%

Value estimate

· Oct 2026
$590k
$531k – $649k
Submarket $/SF estimate$628k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$5k
Operating expenses−$31k
NOI · 14.11% cap applied$92k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$26 – $172
Qualifying comparables5

Cap rate analysis

How does the asset earn?
14.11%
$92k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.7
Restaurant13.6
Pharmacy10.9

Location

5348 E Lake Rd Sheffield Lake, OH 44054
County assessor Recorded deeds · 2 transfers 5 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4672 Lk, Sheffield Lake, OH 44054-1359 $1,315,000 Nov 2025 9,100 SF
4995 Riv, Sheffield Village, OH 44054-2832 $600,000 Dec 2024 9,000 SF
5284 Lk, Sheffield Lake, OH 44054-1716 $150,000 Dec 2021 3,212 SF
5380 Abbe, Sheffield Lake, OH 44054 $500,000 Jun 2020 4,106 SF
5380 Lk, Sheffield Lake, OH 44054-1823 $270,000 Sep 2019 6,812 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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