Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,295,000
Hospitals
1290 Fairchild Ave Kent, OH 44240-1814
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-0702368
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1982
Total area
29,826 SF
Lot
4.02 ac (175,111 SF)
APN
17-028-00-00-006-001
UPID
US66-0702368
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
-
Kent Healthcare & Rehabilitation Rehabilitation Center
-
Terri Fetters Physician
-
Carla Dunlavey Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.30M
Owner & transaction history
Kent Of Health & Rehab Realty LLC · 1 yrs held
Kent Of Health & Rehab Realty LLC
since 2025
Last sale
$4.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.7M
+92.3%
Office building
$3.7M
+90.7%
Commercial (general)
$2.8M
+46.1%
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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
$2,080,000
ML approach
$2,120,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,700,000
Change: +92% · Conversion: Difficult
OFFICE BUILDING
$3,670,000
Change: +91% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,815,000
Change: +46% · Conversion: Easy
RESTAURANT
$2,600,000
Change: +35% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,575,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,245,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$3.30M
Range $2.97M – $3.62M · ±10% · vs last sale $4.46M (Nov 5 2024)
Last sale anchor
$4.46M
Nov 5 2024
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
$110 / 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
$70,100
Tax year 2023
Assessed value
$1,017,600
Assessed 2023
Previous assessed
$1,017,600
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$117,500
Assessed improvement
$900,100
Land market value
$335,700
Improvement market value
$2,571,700
Total market value
$2,907,400
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
1982
Heating
NONE
Stories
1
Total area
29,826 SF
Lot
4.02 ac (175,111 SF)
APN
17-028-00-00-006-001
UPID
US66-0702368
Jurisdiction
PORTAGE
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
INDUSTRIAL (GENERAL)
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RESTAURANT
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.2M
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1982
Heating
NONE
Stories
1
Lot
4.02 ac
Current owner
From public records · entity-resolved
Kent Of Health & Rehab Realty LLC
Entity
Mailing address
555 ANTHONY WAYNE TRL, WATERVILLE, OH 43566-1516
Ownership since
2025
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
Feb 5, 2025
$4,459,800
Kent Of Health & Rehab Realty LLC
Kent Propco LLC
Deed
$25,875,000 · Metropolitan Commercial Bank
Aug 30, 2021
$2,907,400
Kent Propco LLC
Aj Kent Care Center Propco LLC
Limited Warranty Deed
$50,100,000 · Greystone Servicing Company LLC
Apr 28, 2020
—
Aj Kent Care Center Propco LLC
—
Deed
related
$37,190,600 · Capital Fndg
Apr 5, 2018
$2,346,100
Aj Kent Care Center Propco LLC
Ohi Asset III Pa LP
Grant Deed
related
$36,000,000 · Monticello Fndg LLC Series Bth
May 13, 2008
—
Ohi Asset III Pa Trust
Health Care Reit INC
Quit Claim Deed
related
—
—
—
Aj Kent Care Center Propco LLC
—
Deed Of Trust
related
$37,190,600 · Capital Fndg
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1290 Fairchild Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
