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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Drive through restaurants
670 Sandusky St Mount Vernon, OH 43050-1639
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-3108663
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2003
Total area
5,025 SF
Lot
1.51 ac (65,558 SF)
APN
66-09619.000
UPID
US66-3108663
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$503k
Blend (final)
Blend
$505k
Owner & transaction history
City Of Mt Vernon Knox Cnty Ohio · 6 yrs held
City Of Mt Vernon Knox Cnty Ohio
since 2020
Last sale
$5,725
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$540,000
+19.4%
Commercial (general)
$475,000
+4.7%
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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$450,000
Current use
OFFICE BUILDING
$540,000
Change: +19% · Conversion: Moderate
COMMERCIAL (GENERAL)
$475,000
Change: +5% · Conversion: Easy
MEDICAL BUILDING
$405,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$400,000
Change: -11% · Conversion: Easy
AUTO REPAIR, GARAGE
$375,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $6k (Feb 27 2020)
Last sale anchor
$6k
Feb 27 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$100 / SF
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
$13,941
Tax year 2023
Assessed value
$283,510
Assessed 2023
Previous assessed
$257,730
+10.0% YoY
Effective rate
4.92%
On assessed value
Assessed land
$88,100
Assessed improvement
$195,410
Land market value
$251,700
Improvement market value
$558,310
Total market value
$810,010
Applied tax rate
66.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2003
Heating
NONE
Bathrooms
1
Total area
5,025 SF
Lot
1.51 ac (65,558 SF)
APN
66-09619.000
UPID
US66-3108663
Jurisdiction
KNOX
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$450,000
OFFICE BUILDING
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$475,000
MEDICAL BUILDING
Est. value
$405,000
RETAIL STORES
Est. value
$400,000
AUTO REPAIR, GARAGE
Est. value
$375,000
RESTAURANT Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Bathrooms
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
City Of Mt Vernon Knox Cnty Ohio
Entity
Free & Clear · 6 yrs held
Mailing address
21875 COSHOCTON RD, HOWARD, OH 43028-9606
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
—
Town Center Petroleum LLC
—
Deed
related
$5,256,000 · Park National Bank
Feb 27, 2020
$5,725
City Of Mt Vernon Knox Cnty Ohio
Town Center Petroleum LLC
Warranty Deed
—
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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