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    Property profile & analytics

    5477 Karafit Rd Celina, OH 45822-9187

    • Turn key restaurants
    • 1,742 SF
    • 2.98 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Jun 29, 2021
    Location Intelligence
    Property ID
    US66-3321644
    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

    • Shingle Shack Restaurant / Bar & Grill

    Property Details for 5477 Karafit Rd

    Year built
    2003
    Lot size
    2.98 lot acres
    Property size
    1,742 SF
    Property type
    Turn key restaurants
    APN
    09-20-927-008
    APU
    920927008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Celina
    County
    Mercer
    State
    Ohio
    Longitude
    -84.5322
    Latitude
    40.5088
    CBSA code
    16380
    CBSA name
    CELINA, OH MICROPOLITAN 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
    $1,987
    $2,420
    $37,850
    $40,270
    -
    $6,900
    $108,140
    $115,040

    Comparable in this City

    • Value Estimation by Request
      2,108 SF

      213 Main St

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      1011 Main St

      RESTAURANT • 1,344 SF
      1011 Main St, Celina, OH 45822-1011
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      $370,000
      1,680 SF

      211 Main St

      RESTAURANT • 1,680 SF
      211 Main St, Celina, OH 45822-2253
      View Details
    • Value Estimation
      $215,000
      4,080 SF

      6903 State Rte 219

      RESTAURANT • 4,080 SF
      6903 State Rte 219, Celina, OH 45822-9100
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    • Value Estimation by Request
      1,822 SF

      602 Wayne St

      RESTAURANT • 1,822 SF
      602 Wayne St, Celina, OH 45822-1461
      View Details
    • Value Estimation by Request
      794 SF

      5445 Behm Rd

      RESTAURANT • 794 SF
      5445 Behm Rd, Celina, OH 45822-9176
      View Details

    Similar Nearby for Sale

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    • $3,500,000
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      Grocery Anchored Retail Center

      Well-maintained retail center in Celina, OH, anchored by Chief's Supermarket.
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      Commercial building for sale in a highly visible area.
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    Similar Nearby for Lease

    • Contact for pricing
      124,334 SF

      Lakewood Village Shopping Center

      Grocery-anchored retail center in Celina, OH
      1951 Havemann Rd, Celina, OH 45822
      View Details
    • $10 SF/Yr
      4,500 SF

      Retail Space Available For Rent

      Retail space available for lease, 4500 square feet.
      1107 N Main St, Celina, OH 45822
      View Details
    • Contact for pricing
      7,500 SF

      Downtown Celina Office Space

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      Celina Retail Center Opportunity

      Prime Retail Space Available in Celina, OH
      0 Celina Oh, Celina, OH 45822
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    • $10 SF/Yr
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      Retail Space in Celina, Ohio

      Retail space available in a shopping center in Celina, Ohio.
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    • $850 /Mo
      986 SF

      Prime Corner Commercial Space, Celina

      986 sq ft commercial space in high-traffic Celina location.
      329 E Market St, Celina, OH 45822
      View Details
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    5477 Karafit Rd
    Celina, OH 45822-9187
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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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