Technical
Financial
Distress signals
Property profile

603 Main St New Carlisle, OH 45344

OFF-MARKET
Drive through restaurants
Property ID
US66-1937540
852 SF 0.1 ac lot Built 1960
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a drive-in restaurant site that has been in operation since 1965 and includes the business and related real estate uses. The site comprises three connected parcels totaling approximately 0.4 acre and is configured for drive-up service, including car-hop style operations and outdoor seating areas. The listing also indicates inclusion of restaurant equipment, a generator, and an exterior freezer, with utilities and modern conveniences such as a demand water system and Wi‑Fi. The property has a rear boundary backing up to a paved bikeway, providing direct adjacency to a multi-use paved path for pedestrian and bicycle traffic.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1960
Construction CONCRETE BLOCKS
Total area 852 SF
Lot 0.1 ac (4,505 SF)
APN 030-05-00034-222-033
UPID US66-1937540

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
  • Restaurant

Location

603 Main St New Carlisle, OH 45344-1935
New Carlisle metro Census 2702 SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2017
3 recorded transactions
2017
$239,900
2010
Price N/A
1998
$87,500

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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