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    Property profile & analytics

    901 Leavitt Rd Amherst, OH 44001-1136

    • Drive through restaurants
    • 2,830 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US66-0364974
    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 901 Leavitt Rd

    Year built
    2002
    Lot size
    1.14 lot acres
    Property size
    2,830 SF
    Property type
    Drive through restaurants
    APN
    05-00-041-101-018
    APU
    500041101018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $450,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $450,000
      Mixed-Use
      $430,000
      Hospitality
      $415,000
      Educational
      $495,000
      Residential Income
      $425,000
      Energy
      $480,000
      Income-Based Land
      $465,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2083
    Latitude
    41.4169
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $19,503
    $121,664
    $195,916
    $317,580
    -
    $347,610
    $559,760
    $907,370

    Comparable in this City

    • Value Estimation
      $360,000
      3,041 SF

      604 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,041 SF
      604 Leavitt Rd, Amherst, OH 44001-1175
      View Details
    • Value Estimation
      $375,000
      2,072 SF

      47370 Cooper Foster Park Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,072 SF
      47370 Cooper Foster Park Rd, Amherst, OH 44001-3310
      View Details
    • Value Estimation
      $590,000
      5,447 SF

      500 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,447 SF
      500 Leavitt Rd, Amherst, OH 44001-1131
      View Details
    • Value Estimation
      $295,000
      2,662 SF

      7502 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,662 SF
      7502 Leavitt Rd, Amherst, OH 44001-2702
      View Details
    • Value Estimation
      $340,000
      2,898 SF

      940 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,898 SF
      940 Leavitt Rd, Amherst, OH 44001-1137
      View Details
    • Value Estimation
      $375,000
      3,448 SF

      900 Leavitt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,448 SF
      900 Leavitt Rd, Amherst, OH 44001-1137
      View Details

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      Land Available For Development

      Land for sale, build-to-suit or ground lease opportunity.
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    Similar Nearby for Lease

    • Contact for pricing
      6,500 SF

      Retail Space Near Oak Point

      Retail, restaurant, and professional service space for sale/lease.
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      Amherst Retail Plaza Opportunity

      High-traffic retail space available. Excellent location.
      7586 Oak Point Rd, Amherst, OH 44001
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    • Contact for pricing
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      Retail Space in Oak Point

      Retail space available in a shopping center anchored by major retailers.
      7566 Oak Point Rd, Amherst, OH 44001
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    • $5,000 /Mo
      6,000 SF

      Amherst Office/Medical Space Available

      6,000 SF office/medical space in high-growth area.
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      View Details
    • Contact for pricing
      268,159 SF

      Amherst Warehouse with Freeway Visibility

      268,159 SF warehouse with convenient freeway access.
      Sandstone Blvd, Amherst, OH 44001
      View Details
    • Contact for pricing

      High Profile Development Site

      Development site in Amherst retail corridor, near major retailers.
      2255 Cooper Foster Park Rd, Amherst, OH 44001
      View Details

    Property Visit Statistics

    • Visits by month
      3.2k
    • Visitors by month
      2.2k
    • Avg Time on site
      16 min
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    Amherst, OH 44001-1136
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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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