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    Established Assisted Living Business Opportunity Title is generated by Realmo AI

    836 Jacoby Road, Copley, OH 44321

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    Claim this Listing
    New
    For Sale
    $125,000

    COMMERCIAL - Copley, OH

    Lot size:
    0.66 Acres
    Added:
    May 15, 2026
    Days on Market:
    7
    Last Refresh:
    May 21 at 11:06 pm

    Property Features for 836 Jacoby Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking
    8
    Parking features
    Driveway, Garage, Open
    Fireplace
    1
    Standard status
    Active
    APN
    1503173
    Lot size
    0.66 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4572

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Steam, Forced Air, Fireplace(s), Natural Gas, Hot Water(Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    5
    Roof type
    Asphalt, Fiberglass

    We can help!

    Listing Contact
    Darlene Hall
    Darlene Hall

    Listing agent Darlene Hall License #337861

    Listing office Keller Williams Chervenic Rlty 300 N Cleveland Massillon Rd, Stow, OH

    Listing date May 15, 2026

    MLS# 5209754

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established assisted living business with 20 years of successful operation and an established reputation.
    • Turnkey operation with immediate income potential and established goodwill.
    • Flexibility to purchase or lease the real estate separately.
    • Well‑maintained, fully equipped residence with 5 bedrooms, 3.5 baths, and first‑floor living.
    • Accessibility features including a ramp, walking path, and parking for approximately eight vehicles.
    • Proven revenue generation of $5,000 to $7,000 per resident monthly.

    Overview

    An established assisted living business with 20 years of successful operation is available due to the owner's retirement. This is an opportunity to acquire the business name, goodwill, and a turnkey operation with an established reputation in the community. The current owner is willing to sell or lease the real estate separately. The facility is housed in an all-brick, well-maintained, fully equipped residence featuring 5 bedrooms, 3.5 baths, and convenient first-floor living. Interior amenities include a spacious living room with a fireplace, a formal dining room, a fully equipped kitchen with a dinette, a sunroom, on-site laundry, and an additional private suite ideal for an owner's retreat, administrator's quarters, or employee accommodations. A $16,000 smoke detector system is in place. The property is designed with accessibility in mind and includes a ramp to the front entrance, a welcoming covered front porch, a walking path, a two-car garage, and parking for approximately eight vehicles. The 0.66-acre property is located in Copley, OH. Historically, residents have generated monthly revenue ranging from approximately $5,000 to $7,000 per resident, depending on the level of care provided. This property is ideally located in a desirable area and is housed in a solid, well-maintained building. Financial records, occupancy history, licensing information, and additional business details are available to qualified buyers upon execution of a confidentiality agreement. Real estate sale or lease terms are negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Legacy Living Nursing Home

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply Gym & Fitness Center Auto Repair Shop Skin Care Clinic Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Legacy Living — 836 Jacoby Rd, Copley, OH 44321
    • Cleveland Clinic Akron General Justin T. Rogers Hospice Care Center — 3358 Ridgewood Rd, Fairlawn, OH 44333

    Location Insight

    • Map
    • Local Demand
    City
    Copley
    County
    Summit
    State
    Ohio
    Longitude
    -81.6198603
    Latitude
    41.1098918

    FAQs

    What type of property is this?
    Assisted living facility - Turnkey assisted living business with real estate options.
    Where is this assisted living facility located?
    The property is located at 836 Jacoby Road Copley, OH.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Established assisted living business with 20 years of successful operation and an established reputation.; Turnkey operation with immediate income potential and established goodwill.; Flexibility to purchase or lease the real estate separately.
    (330) 800-4255
    We can help!
    Listing Contact
    Darlene Hall
    Darlene Hall
    Real Estate License ID: 337861
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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