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Property profile & analytics
OFF-MARKET
Estimated value
$5,490,000
Hospitals
1134 Nn Ave Tallmadge, OH 44278-1065
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1868811
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1986
Construction
FRAME
Total area
39,975 SF
Lot
8.23 ac (358,673 SF)
APN
60-10071
UPID
US66-1868811
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
Current use
Occupant on record · Public records
-
Sprenger Health Care Heather Knoll Nursing and Rehabilitation Retirement Community Nursing Home
-
Jennifer Montgomery Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.40M
Comparable Approach
Comparable
$5.38M
Blend (final)
Blend
$5.49M
Owner & transaction history
Heather Knoll Retrement Village INC · 4 yrs held
Heather Knoll Retrement Village INC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+18.9%
Auto repair, garage
$4.0M
+6.2%
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 Tallmadge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallmadge 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%
$6,930,000
6.5%
$6,400,000
7%
$5,940,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,745,000
Current use
RESTAURANT
$4,450,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,975,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,735,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,465,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$5.49M
Range $4.94M – $6.04M · ±10%
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
$137 / 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
$149,558
Tax year 2023
Assessed value
$2,050,030
Assessed 2023
Previous assessed
$2,050,030
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$108,180
Assessed improvement
$1,941,850
Land market value
$309,070
Improvement market value
$5,548,140
Total market value
$5,857,210
Applied tax rate
60.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
100
Total area
39,975 SF
Lot
8.23 ac (358,673 SF)
APN
60-10071
UPID
US66-1868811
Jurisdiction
SUMMIT
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
MEDICAL BUILDING Current
Est. value
$3.7M
RESTAURANT
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.5M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
100
Lot
8.23 ac
Current owner
From public records · entity-resolved
Heather Knoll Retrement Village INC
Entity
Mailing address
1134 NN AVE, TALLMADGE, OH 44278-1065
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
—
Heather Knoll Retrement Village INC
Shcs Hud Properties LLC
Sub Lease
related
$10,124,200 · Merchants Capital Corp
Feb 25, 2011
—
Heather Knoll Rental Props LLC
—
Deed Of Trust
related
$94,928,668 · Charter One
Oct 8, 2010
—
Heather Knoll Rental Props LLC
Heather Knoll Rental Props LLC
Quit Claim Deed
—
Mar 19, 2010
—
Heather Knoll Rental Props LLC
Heather Knoll Rental Props LLC
Quit Claim Deed
—
Oct 3, 2005
$5,170,000
Heather Knoll Rental Properties LLC
Chs LP
Warranty Deed
$41,621 · Jpmorgan Chase Bank NA
Oct 3, 2005
—
Heather Knoll Rental Props LLC
Chs
Quit Claim Deed
related
—
—
—
Heather Knoll Rental Props LLC
—
Deed Of Trust
related
$8,752,400 · Lancaster Pollard Mortgage Co
—
—
Heather Knoll Rental Props LLC
—
Deed Of Trust
related
$16,250 · Charter One
—
—
Heather Knoll Rental Props LLC
—
Deed Of Trust
related
$72,000,000 · Charter One
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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