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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Assisted living facilities
1209 Indiana Ave Saint Marys, OH 45885-1310
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-0989496
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1985
Total area
21,906 SF
Lot
5.37 ac (234,091 SF)
APN
K32-062-027-00
UPID
US66-0989496
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
-
Shawna Schiffhauer Physician
-
Connie Friemering Physician
-
Susan R. DonnaL, PTA Physician
-
Grande Lake Healthcare Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Indiana Leasing Co LLC · 5 yrs held
Indiana Leasing Co LLC
since 2021
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Saint Marys submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Marys 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
$1,180,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,070,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,840,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,795,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,500,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,480,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.35M (Mar 3 2021)
Last sale anchor
$1.35M
Mar 3 2021
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
$57 / 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
$28,246
Tax year 2023
Assessed value
$526,600
Assessed 2023
Previous assessed
$526,600
+0.0% YoY
Effective rate
5.36%
On assessed value
Assessed land
$39,560
Assessed improvement
$487,040
Land market value
$113,020
Improvement market value
$1,391,530
Total market value
$1,504,550
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
85
Total area
21,906 SF
Lot
5.37 ac (234,091 SF)
APN
K32-062-027-00
UPID
US66-0989496
Jurisdiction
AUGLAIZE
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
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
85
Lot
5.37 ac
Current owner
From public records · entity-resolved
Indiana Leasing Co LLC
Entity
Free & Clear · 5 yrs held
Mailing address
10123 ALLIANCE RD, BLUE ASH, OH 45242-4887
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
Indiana Leasing Co LLC
—
Deed
related
$7,300,000 · Ohi Asset III Pa LP
Mar 3, 2021
—
Indiana Leasing Co LLC
Sxcy Mstr Lsco LLC
Lease
—
Mar 3, 2021
$1,345,967
Grande Asset Ownership LLC
St Marys Properties LLC
Deed
$76,000,000 · Fifth Third Bank NA
Mar 12, 2007
—
St Marys Properties INC
Ohi Asset Essex LLC
Quit Claim Deed
related
—
Mar 31, 2006
—
Ohi Asset Essex Oh LLC
St Marys Properties INC
Grant Deed
—
Dec 29, 2004
—
St Marys Properties INC
St Marys Land Ptshp
Quit Claim Deed
related
—
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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