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    Property profile & analytics

    8940 Wilcox Dr Twinsburg, OH 44087-1945

    • Turn key restaurants
    • 2,800 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Last Sale
    Feb 11, 2025
    $650,000
    Location Intelligence
    Property ID
    US66-1739165
    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 8940 Wilcox Dr

    Year built
    2001
    Lot size
    1.17 lot acres
    Property size
    2,800 SF
    Property type
    Turn key restaurants
    APN
    64-07943
    APU
    6407943

    Description

    This exceptional 2,800 square foot restaurant space, located at 8940 Wilcox Drive in Twinsburg, Ohio, presents a unique opportunity for a savvy entrepreneur. This single-tenant property is a former Donatos Pizza location, offering a fully operational drive-thru, a significant advantage in today's fast-paced market. Situated in a thriving industrial business area of Twinsburg, the property benefits from its prime location just seconds off Interstate 480, providing easy access for both employees and customers. The building's proximity to the Cornerstone Business Park, a major industrial hub boasting over 1.5 million square feet and housing prominent tenants such as FedEx, Amazon, and Dunkin' Donuts, ensures high visibility and a substantial customer base. The property is exceptionally well-maintained and has been meticulously preserved, requiring only the addition of your own furniture, fixtures, and equipment (FF&E) to begin operations. This turnkey solution minimizes upfront investment and allows for a rapid start to your business. The property is located in Summit County, Ohio, with a zip code of 44087. This is an ideal location for a restaurant seeking high traffic and convenient access to a large, established workforce. The property's existing infrastructure and strategic location make it an attractive proposition for a variety of food service concepts.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $585,000
      6.5%
      $575,000
      7%
      $610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $600,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $570,000
      Mixed-Use
      $605,000
      Hospitality
      $575,000
      Educational
      $620,000
      Residential Income
      $560,000
      Energy
      $490,000
      Income-Based Land
      $535,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Twinsburg
    County
    Summit
    State
    Ohio
    Longitude
    -81.4548
    Latitude
    41.3125
    CBSA code
    10420
    CBSA name
    AKRON, 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
    $9,487
    $31,530
    $115,440
    $146,970
    -
    $90,090
    $329,820
    $419,910

    Comparable in this City

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    • Value Estimation
      $630,000
      8,800 SF

      2695 Creekside Dr, Unit 160

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      2695 Creekside Dr, Twinsburg, OH 44087-2194
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    • Value Estimation
      $555,000
      9,000 SF

      2681 Creekside Dr

      RESTAURANT • 9,000 SF
      2681 Creekside Dr, Twinsburg, OH 44087-2276
      View Details
    • Value Estimation
      $820,000
      3,033 SF

      8875 Darrow Rd

      RESTAURANT • 3,033 SF
      8875 Darrow Rd, Twinsburg, OH 44087-2107
      View Details
    • Value Estimation
      $490,000
      11,194 SF

      8960 Wilcox Dr

      RESTAURANT • 11,194 SF
      8960 Wilcox Dr, Twinsburg, OH 44087-1945
      View Details
    • Value Estimation
      $360,000
      7,625 SF

      8941 Wilcox Dr

      RESTAURANT • 7,625 SF
      8941 Wilcox Dr, Twinsburg, OH 44087-1945
      View Details

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    Twinsburg, OH 44087-1945
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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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