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    Property profile & analytics

    709 Lincolnway Minerva, OH 44657-1209

    • Drive through restaurants
    • 3,601 SF
    • 1.36 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US66-1844753
    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

    • Drive through restaurants

    Property Details for 709 Lincolnway

    Year built
    1990
    Construction
    FRAME
    Lot size
    1.36 lot acres
    Property size
    3,601 SF
    Property type
    Drive through restaurants
    APN
    42-01539
    APU
    4201539

    Description

    This exceptional 3,583-square-foot quick-service restaurant (QSR) property, formerly a Hardee's/Carl's Jr., is available for sale or lease. Situated on a 1.15-acre lot in Minerva, Ohio, this freestanding building boasts over 225 feet of frontage on East Lincolnway, providing excellent visibility and accessibility. The property features ample parking with over 35 spaces to accommodate customers. High traffic counts of 9,757 vehicles per day (VPD), as reported by ODOT TIMS, underscore the location's strong potential. The surrounding area boasts an average household income of $84,615 within a 15-minute drive, indicating a robust consumer base. Minerva, a village in Stark County, offers a charming community atmosphere with parks, local shops, and annual events. The property's proximity to other established businesses, including McDonald's, Sandy Springs Brewing Company, Pizza Hut, Domino's, Dairy Queen, Consumers National Bank, and Dunkin', further enhances its desirability. This turnkey opportunity presents a unique chance to establish or expand a thriving food service business in a vibrant community. The property's size, location, and existing infrastructure make it an ideal investment for a variety of QSR concepts.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $320,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $375,000
      Mixed-Use
      $345,000
      Hospitality
      $300,000
      Educational
      $335,000
      Residential Income
      $390,000
      Energy
      $360,000
      Income-Based Land
      $340,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Minerva
    County
    Stark
    State
    Ohio
    Longitude
    -81.0945
    Latitude
    40.7337
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, 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
    $4,340
    $19,290
    $133,880
    $153,170
    -
    $55,100
    $382,500
    $437,600

    Comparable in this City

    • Value Estimation
      $245,000
      1.40 Acres

      1050 Vly St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1.40 Acres
      1050 Vly St, Minerva, OH 44657-9782
      View Details
    • Value Estimation
      $1,960,000
      2,660 SF

      1000 Vly St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,660 SF
      1000 Vly St, Minerva, OH 44657-9782
      View Details
    • Value Estimation
      $380,000
      4,256 SF

      601 Lincolnway

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,256 SF
      601 Lincolnway, Minerva, OH 44657-2008
      View Details
    • Value Estimation
      $370,000
      2,310 SF

      609 Lincolnway

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,310 SF
      609 Lincolnway, Minerva, OH 44657
      View Details
    • Value Estimation by Request
      1,054 SF

      301 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,054 SF
      301 Market St, Minerva, OH 44657-1444
      View Details
    • Value Estimation by Request
      6,600 SF

      301 Market St

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,600 SF
      301 Market St, Minerva, OH 44657-1444
      View Details

    Similar Nearby for Sale

    • $2,400,000
      0.70 Acres

      Minerva, OH Commercial Opportunity

      Beverage drive-thru, restaurant, and banquet facility for sale.
      317 E Lincolnway Way, Minerva, OH 44657
      View Details
    • Contact for pricing
      Pending

      Minerva Commercial Property with Drive-Thru

      Commercial property with bar, drive-thru, apartment, and liquor license.
      701 Murray Ave, Minerva, OH 44657
      View Details
    • $275,000
      1.40 Acres

      Minerva QSR Land - $275K

      Prime QSR lot, high traffic, B-2 zoning.
      1050 Valley St, Minerva, OH 44657
      View Details
    • $149,900
      0.05 Acres

      Mixed-Use Minerva Investment Opportunity

      Versatile mixed-use building in downtown Minerva with commercial and residential spaces.
      212 N Market St, Minerva, OH 44657
      View Details
    • $124,500
      Pending

      Income-Producing Two-Story Rental Property

      Two-story rental in Minerva, OH with good income history.
      604 Valley St, Minerva, OH 44657
      View Details
    • $275,000

      Commercial Land on Valley Street

      1.4011 acre commercial land with B-2 zoning.
      1050 Valley St, Minerva, OH 44657
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      48,013 SF

      Minerva Retail Space For Lease

      Prime Carroll County retail space available.
      1145 Alliance Rd, Minerva, OH 44657
      View Details
    • $4,500 /Mo
      42,689 SF

      Industrial Warehouse with Fenced Lot

      5,648 sq ft industrial warehouse with office and fenced lot.
      200 Roosevelt St, Minerva, OH 44657
      View Details
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    709 Lincolnway
    Minerva, OH 44657-1209
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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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