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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Assisted living facilities
18090 Pearl Rd Strongsville, OH 44136-6960
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US66-1872795
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2004
Construction
WOOD
Total area
47,010 SF
Lot
5.44 ac (236,868 SF)
Zoning code
PF
APN
394-26-012
UPID
US66-1872795
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
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.12M
Owner & transaction history
Commons Assisted Liv Southwest · 22 yrs held
Commons Assisted Liv Southwest
since 2003
7 recorded transactions
Zoning & alternative use
PF · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the zone to provide a proper zoning classification for governmental, civic, welfare and recreational facilities in proper locations and extent so as to promote the general safety, convenience, comfort and welfare
Zone name
Public Facilities
General category
CIVIC_INSTITUTIONAL
Zone area
2,754.81 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 Strongsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strongsville 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
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±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
$24 / 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
$135,370
Tax year 2023
Assessed value
$1,656,800
Assessed 2023
Previous assessed
$1,656,800
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$375,660
Assessed improvement
$1,281,140
Land market value
$1,073,300
Improvement market value
$3,660,400
Total market value
$4,733,700
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
2
Units
68
Total area
47,010 SF
Lot
5.44 ac (236,868 SF)
Zoning code
PF
APN
394-26-012
UPID
US66-1872795
Jurisdiction
CUYAHOGA
Zoning & alternative use
PF · Strongsville, OHZoning PF · permitted uses
PF · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the zone to provide a proper zoning classification for governmental, civic, welfare and recreational facilities in proper locations and extent so as to promote the general safety, convenience, comfort and welfare
Zone name
Public Facilities
General category
CIVIC_INSTITUTIONAL
Zone area
2,754.81 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
68
Lot
5.44 ac
Current owner
From public records · entity-resolved
Commons Assisted Liv Southwest
Individual
Mailing address
1625 LOWELL AVE, ERIE, PA 16505-4339
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2026
—
Southwest Commons Assisted Living L
—
Deed
related
$114,370,000 · Fund Investment 196 LLC
Aug 3, 2018
—
South W Commons Assisted Livin
—
Grant Deed
related
$5,400,000 · Pnc Bk
Sep 25, 2003
$600,000
Commons Assisted Liv Southwest
Msls-mapleridge INC
Grant Deed
—
Dec 29, 1999
—
Msls-mapleridge INC
Woods Of Strongsville Homeowne
Quit Claim Deed
related
—
Dec 31, 1998
$375,000
Msls-mapleridge INC
Granite Development Partner LP
Grant Deed
—
—
—
Commons Assisted Liv Southwest
—
Deed Of Trust
related
$1,500,000 · Pnc Bank
—
—
Commons Assisted Liv Southwest
—
Deed Of Trust
related
$6,000,000 · Pnc Arcs LLC
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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