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Property profile & analytics
OFF-MARKET
Estimated value
$3,200,000
Hospitals
1280 Friendship Dr New Concord, OH 43762-1024
Entity Owned
Free & Clear
Property ID
US66-3319607
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1995
Total area
42,400 SF
Lot
8.58 ac (373,745 SF)
APN
66-25-02-14-000
UPID
US66-3319607
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
-
Beckett House Healthcare & Rehabilitation Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$3.20M
Owner & transaction history
Ctre Ohio Portfolio LLC
Ctre Ohio Portfolio LLC
since 2026
Last sale
$3.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+92.9%
Auto repair, garage
$3.9M
+92.6%
Restaurant
$3.8M
+87.7%
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 New Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Concord 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
$3,005,000
ML approach
$3,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,010,000
Current use
COMMERCIAL (GENERAL)
$3,875,000
Change: +93% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,870,000
Change: +93% · Conversion: Difficult
RESTAURANT
$3,770,000
Change: +88% · Conversion: Difficult
OFFICE BUILDING
$3,565,000
Change: +77% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,090,000
Change: +54% · Conversion: Moderate
RETAIL STORES
$3,040,000
Change: +51% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,630,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±10% · vs last sale $3.37M (Jan 26 2022)
Last sale anchor
$3.37M
Jan 26 2022
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
$75 / 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
$68,449
Tax year 2023
Assessed value
$1,412,145
Assessed 2023
Previous assessed
$1,412,145
+0.0% YoY
Effective rate
4.85%
On assessed value
Assessed land
$68,530
Assessed improvement
$1,343,615
Land market value
$195,800
Improvement market value
$3,838,900
Total market value
$4,034,700
Applied tax rate
67.0000
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
1995
Heating
NONE
Stories
1
Total area
42,400 SF
Lot
8.58 ac (373,745 SF)
APN
66-25-02-14-000
UPID
US66-3319607
Jurisdiction
MUSKINGUM
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
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
RETAIL STORES
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.6M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
WAREHOUSE, STORAGE
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
1995
Heating
NONE
Stories
1
Lot
8.58 ac
Current owner
From public records · entity-resolved
Ctre Ohio Portfolio LLC
Entity
Free & Clear · 0 yrs held
Mailing address
400 CARILLON PKWY STE #125, SAINT PETERSBURG, FL 33716-1337
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
May 8, 2026
—
Ctre Ohio Portfolio LLC
Beckett House Nursing And Rehab Center P
Special Warranty Deed
—
Jan 9, 2025
—
Beckett House Nursing And Rehab Cen
—
Deed
related
$64,700,000 · Monticello Am Funding LLC Series Sh-82 A
Jan 26, 2022
$3,370,000
Beckett House Nursing & Rehab Ctr P
Beckett House Realty LLC
Limited Warranty Deed
$89,000,000 · Dmt Spe I LLC
Jan 22, 2019
$3,390,066
Beckett House Realty LLC
Beckett House Holdings LLC
Limited Warranty Deed
$8,000,000 · Oxford Finance LLC
Mar 1, 2011
—
Beckett House Holdings LLC
Zandex Health Care Corporation
Limited Warranty Deed
—
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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