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Property profile & analytics
FOR SALE
Turn key restaurants
66 N Sandusky St Delaware, OH 43015
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US66-3120760
For Sale
1 / 48
$1,700,000
66 N Sandusky St, Delaware, OH 43015
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Property summary
AI-generated overview
This exceptional restaurant property at 66 N Sandusky St, Delaware, OH, is offered at $1,700,000. The 6,651 square foot building, constructed in 1920 and renovated in 2005, sits on a 0.18-acre lot (APN 519-431-08-011-000) and is currently 100% occupied by the Old Bag of Nails Pub, a high-performing establishment. The single-story building features a central bar and a large outdoor patio, providing ample seating. Its prime downtown location offers excellent walkability and high visibility, with nearby Ohio Wesleyan University ensuring consistent customer traffic. The property benefits from significant daily traffic counts on surrounding streets (North Sandusky Street: 11,943 cars/day
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
0.04 ac (1,742 SF)
APN
519-431-08-010-000
UPID
US66-3120760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Old Bag of Nails Pub - Delaware Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tone Holding Co LLC · 20 yrs held
Tone Holding Co LLC
since 2006
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delaware submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delaware submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$333
Tax year 2023
Assessed value
$5,990
Assessed 2023
Previous assessed
$5,990
+0.0% YoY
Effective rate
5.56%
On assessed value
Assessed land
$5,990
Land market value
$17,100
Total market value
$17,100
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Heating
NONE
Lot
0.04 ac (1,742 SF)
APN
519-431-08-010-000
UPID
US66-3120760
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Tone Holding Co LLC
Entity
Mailing address
N SANDUSKY ST, DELAWARE, OH 43015
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
—
Tone Holding Co LLC
—
Deed
related
$1,200,000 · Richwood Bk
Jun 28, 2016
—
Tone Holding Company L L C
—
Deed
related
$400,000 · Delaware Savings Bank
Jan 3, 2006
—
Tone Holding Co LLC
Diamond,linda S
Warranty Deed
—
Nov 8, 2005
—
Linda S Diamond
Tone D F Trust Agreement
Grant Deed
related
—
—
—
Tone Holding Co LLC
—
Deed Of Trust
related
$1,200,000 · Richwood Bk
—
—
Tone Daphne F Trust
—
Deed Of Trust
related
$75,473 · Delaware County Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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