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Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Hospitals
141 Chestnut Hl Dr Ravenna, OH 44266-3916
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-1996422
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1997
Total area
33,257 SF
Lot
5.56 ac (242,411 SF)
APN
31-316-00-00-005-001
UPID
US66-1996422
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
-
Vista Veranda Nursing Home Retirement Community
-
Robert E Rosenberg LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.85M
Blend (final)
Blend
$2.90M
Owner & transaction history
American Eagle Ravenna LLC · 7 yrs held
American Eagle Ravenna LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.1M
+123.3%
Office building
$4.1M
+121.5%
Commercial (general)
$3.2M
+73.9%
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 Ravenna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ravenna 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,850,000
Current use
INDUSTRIAL (GENERAL)
$4,130,000
Change: +123% · Conversion: Difficult
OFFICE BUILDING
$4,095,000
Change: +121% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,215,000
Change: +74% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,560,000
Change: +39% · Conversion: Moderate
RESTAURANT
$2,255,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,175,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$2,040,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±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
$87 / 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
Assessed value
$1,888,150
Assessed 2023
Previous assessed
$1,888,150
+0.0% YoY
Assessed land
$58,450
Assessed improvement
$1,829,700
Land market value
$167,000
Improvement market value
$5,227,700
Total market value
$5,394,700
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
1997
Heating
NONE
Cooling
YES
Stories
1
Total area
33,257 SF
Lot
5.56 ac (242,411 SF)
APN
31-316-00-00-005-001
UPID
US66-1996422
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
MEDICAL BUILDING Current
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
OFFICE BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
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
1997
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.56 ac
Current owner
From public records · entity-resolved
American Eagle Ravenna LLC
Entity
Mailing address
3819 HAWK CRST RD, ANN ARBOR, MI 48103-4246
Ownership since
2018
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
Dec 20, 2018
$5,394,700
American Eagle Ravenna LLC
Emerihrt Ravenna LLC
Grant Deed
$143,125 · American Eagle Delaware Holdin
Jan 10, 2012
—
Emerihrt Ravenna LLC
—
Deed Of Trust
related
$4,792,000 · Keycorp R E Capital Marketing
Mar 20, 2007
$399,700
Emerihrt Ravenna LLC
Hr Acquisition I Corp
Deed Of Trust
related
$88,000,000 · Capmark Bank
—
—
Emerihrt Ravenna LLC
—
Deed Of Trust
related
$112,000,000 · Key Bank NA
—
—
Emeritus Corp
—
Deed Of Trust
related
$10,800,000 · Healthcare Realty Trust INC
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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