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    Property profile & analytics

    583 Dover Ctr Rd Bay Village, OH 44140-2362

    • Turn key restaurants
    • 2,225 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Apr 19, 2021
    $127,000
    Location Intelligence
    Property ID
    US66-2485259
    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

    • Turn key restaurants

    Property Details for 583 Dover Ctr Rd

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    2,225 SF
    Property type
    Turn key restaurants
    APN
    203-22-002
    APU
    20322002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bay Village
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.9207
    Latitude
    41.4791
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN 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
    $6,965
    $16,870
    $47,600
    $64,470
    -
    $48,200
    $136,000
    $184,200

    Comparable in this City

    • Value Estimation
      $295,000
      1,690 SF

      585 Clague Rd

      AUTO REPAIR, GARAGE • 1,690 SF
      585 Clague Rd, Bay Village, OH 44140
      View Details
    • Value Estimation by Request
      3,905 SF

      621 Clague Rd, Unit 627

      RETAIL STORES (PERSONAL SERVICES) • 3,905 SF
      621 Clague Rd, Bay Village, OH 44140-3103
      View Details
    • Value Estimation
      $410,000
      2,300 SF

      355 Dover Ctr Rd

      FINANCIAL BUILDING • 2,300 SF
      355 Dover Ctr Rd, Bay Village, OH 44140-2258
      View Details
    • Value Estimation by Request
      10,125 SF

      625 Dover Ctr Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,125 SF
      625 Dover Ctr Rd, Bay Village, OH 44140-2365
      View Details
    • Value Estimation by Request
      2,970 SF

      27115 Oviatt Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,970 SF
      27115 Oviatt Rd, Bay Village, OH 44140-2353
      View Details
    • Value Estimation by Request
      3,848 SF

      609 Dover Ctr Rd

      AUTO REPAIR, GARAGE • 3,848 SF
      609 Dover Ctr Rd, Bay Village, OH 44140-2364
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      Restaurant Space with Patio

      Operating restaurant space with private room and patio available.
      27217-27323 Wolf Rd, Bay Village, OH 44140
      View Details
    • Contact for pricing
      3,400 SF

      Retail Space in Bay Village

      Retail space available for lease in Bay Village, Ohio.
      328 Bassett Rd, Bay Village, OH 44140
      View Details
    • $16 SF/Yr
      1,395 SF

      Bay Village Retail and Office

      Retail and office spaces available in Bay Village neighborhood plaza.
      622-660 Dover Center Rd, Bay Village, OH 44140
      View Details
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    583 Dover Ctr Rd
    Bay Village, OH 44140-2362
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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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