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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Hospitals
119 High St Frankfort, OH 45628-2506
Entity Owned
~
Est. High Equity
Property ID
US66-2912294
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2008
Construction
FRAME
Total area
6,440 SF
Lot
5.48 ac (238,709 SF)
APN
08-08-01-752.000
UPID
US66-2912294
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
-
The Vineyards at Concord Nursing Home
-
Vineyards at Concord Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$995k
Owner & transaction history
Deer Field Realty Holdings LLC
Deer Field Realty Holdings LLC
since 2026
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$980,000
+51.3%
Auto repair, garage
$865,000
+33.2%
Restaurant
$860,000
+32.9%
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 Frankfort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frankfort 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%
$1,185,000
6.5%
$1,090,000
7%
$1,015,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$650,000
Current use
OFFICE BUILDING
$980,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$865,000
Change: +33% · Conversion: Difficult
RESTAURANT
$860,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$840,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$830,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$155 / 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
$21,163
Tax year 2023
Assessed value
$456,810
Assessed 2023
Previous assessed
$456,810
+0.0% YoY
Effective rate
4.63%
On assessed value
Assessed land
$67,130
Assessed improvement
$389,680
Land market value
$191,800
Improvement market value
$1,113,370
Total market value
$1,305,170
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2008
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,440 SF
Lot
5.48 ac (238,709 SF)
APN
08-08-01-752.000
UPID
US66-2912294
Jurisdiction
ROSS
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
$650,000
OFFICE BUILDING
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$865,000
RESTAURANT
Est. value
$860,000
RETAIL STORES
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$830,000
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
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
2008
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.48 ac
Current owner
From public records · entity-resolved
Deer Field Realty Holdings LLC
Entity
Mailing address
119 W HIGH ST, FRANKFORT, OH 45628-2506
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Deer Field Realty Holdings LLC
Robbie Smith
Deed
—
Feb 3, 2017
—
Deer Field Realty Holdings LLC
—
Deed
related
$1,485,000 · Civista Bank
Oct 3, 2012
—
Deer Field Realty Holdings LLC
—
Grant Deed
related
$2,176,277 · Citizens Federal Bank Fsb
Jan 12, 2007
—
Deer Field Realty Holdings LLC
Alfred E Hicks
Warranty Deed
$2,000,000 · Advantage Bank
—
—
Deer Field Realty Holdings LLC
—
Deed Of Trust
related
$300,000 · Advantage Bank Fsb
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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