Technical
Financial
Distress signals
Property profile

5400 Leavitt Rd Lorain, OH 44053

OFF-MARKET
Drive through restaurants
Property ID
US66-5968829
5,165 SF 1.99 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 5,165 SF
Lot 1.99 ac (86,684 SF)
APN 02-02-003-101-047
UPID US66-5968829

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

5400 Leavitt Rd Lorain, OH 44053-2156
Lorain metro Census 97202 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
$890k
Blend (final) Blend
$890k

Owner & transaction history

since 2021
Last sale
$1.2M
1 recorded transaction
2021
$1.2M

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.1M +138.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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