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Property profile

5616 Memphis Ave Cleveland, OH 44144

OFF-MARKET
Drive through restaurants
Property ID
US66-2634569
3,869 SF 0.32 ac lot Built 2002
Entity Owned 10-yr Hold Free & Clear

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2002
Construction TYPE NOT SPECIFIED
Total area 3,869 SF
Lot 0.32 ac (13,824 SF)
Zoning code LR
APN 013-18-029
UPID US66-2634569

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
  • Restaurant Take-out & Catering
  • Restaurant Take-out & Catering

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2016
2 recorded transactions
2016
$112,500
2014
Price N/A

Zoning & alternative use

LR · Cleveland, OH

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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