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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Assisted living facilities
1500 191st St Euclid, OH 44117-1398
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US66-1903934
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1985
Construction
TYPE NOT SPECIFIED
Total area
42,572 SF
Lot
4.25 ac (185,130 SF)
Zoning code
CI
APN
646-20-006
UPID
US66-1903934
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$770k
Owner & transaction history
Ohio Pa Property LLC · 14 yrs held
Ohio Pa Property LLC
since 2011
5 recorded transactions
Zoning & alternative use
CI · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Campus Institutional District (C-I) and its regulations are established in order to accommodate institutional facilities and their associated uses in a manner that recognizes the unique development and location characteristics of large scale institutional uses while respecting the needs of adjacent property owners and residents
Zone name
Campus Institutional Use
General category
CIVIC_INSTITUTIONAL
Zone area
640.97 ac
Source
Realmo
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 Euclid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Euclid 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$18 / 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
$149,175
Tax year 2023
Assessed value
$1,360,100
Assessed 2023
Previous assessed
$1,360,100
+0.0% YoY
Effective rate
10.97%
On assessed value
Assessed land
$184,660
Assessed improvement
$1,175,440
Land market value
$527,600
Improvement market value
$3,358,400
Total market value
$3,886,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1985
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
121
Bathrooms
4
Total area
42,572 SF
Lot
4.25 ac (185,130 SF)
Zoning code
CI
APN
646-20-006
UPID
US66-1903934
Jurisdiction
CUYAHOGA
Zoning & alternative use
CI · Euclid, OHZoning CI · permitted uses
CI · Euclid, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Campus Institutional District (C-I) and its regulations are established in order to accommodate institutional facilities and their associated uses in a manner that recognizes the unique development and location characteristics of large scale institutional uses while respecting the needs of adjacent property owners and residents
Zone name
Campus Institutional Use
General category
CIVIC_INSTITUTIONAL
Zone area
640.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
121
Bathrooms
4
Lot
4.25 ac
Current owner
From public records · entity-resolved
Ohio Pa Property LLC
Entity
Mailing address
23700 COMMERCE PARK, BEACHWOOD, OH 44122-5827
Ownership since
2011
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
Nov 4, 2011
$8,918,749
Ohio Pa Property LLC
Indian Hills R/e Group LLC
Grant Deed
$505,000,000 · General Electric Capital Corp
Jul 21, 2008
$4,200,000
Indian Hills R/e Group LLC
Indian Hills Nursing Ctr INC
Grant Deed
related
$43,876,375 · Firstmerit Bank NA
Jul 5, 2007
—
Indian Hills Nursing Ctr INC
—
Deed Of Trust
related
$15,000,000 · Firstmerit Bank NA
Nov 3, 2006
—
Indian Hills Nursing Ctr INC
—
Deed Of Trust
related
$10,000,000 · Firstmerit Bank NA
—
—
Richard D Kolb
—
Deed Of Trust
related
$16,300 · National City Bank
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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