OFF-MARKET
Assisted living facilities
Entity Owned
4-yr Hold
~
Est. High Equity
Entity Owned Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1969
Construction
TYPE NOT SPECIFIED
Total area
48,940 SF
Lot
0.19 ac (8,325 SF)
Zoning code
U2-H2
APN
672-22-016
UPID
US66-6262804
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.78M
Blend (final)
Blend
$4.94M
Owner & transaction history
since 2021
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
U2-H2 · East Cleveland, OH
Top alternative use upside
Restaurant
$8.3M
+18.2%
Office building
$7.9M
+13.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.94M
Value range
$4.45M – $5.43M
±10% around blend
Estimated value / SF
$101 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$4.45M
blend $4.94M
$5.43M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
48,940 SF
Lot area
0.19 ac
Year built
1969
Stories
3
APN
672-22-016
Assessed value
$1,741,740
Annual tax
$196,853
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$6.78M
Range $2.68M – $12.47M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.94M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 30 sales
$143
-29%
County 32 sales
$139
-27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $101/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+18%
vs current-use indication
Office Building
Homes (retired, Handicap, Rest, Convalescent, Nursing) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.38M
Move the market yield to see immediate price impact.
Value / SF
$110
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$339k
$6.77M
$4.84M
$3.76M
$376k
$7.53M
$5.38M
$4.18M
$414k
$8.28M
$5.91M
$4.60M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$196,853
Tax year 2023
Assessed value
$1,741,740
Assessed 2023
Previous assessed
$1,741,740
+0.0% YoY
Effective rate
11.30%
On assessed value
Assessed land
$6,930
Assessed improvement
$1,734,810
Land market value
$19,800
Improvement market value
$4,956,600
Total market value
$4,976,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1969
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
WALL UNIT
Buildings
2
Stories
3
Units
154
Total area
48,940 SF
Lot
0.19 ac (8,325 SF)
Zoning code
U2-H2
APN
672-22-016
UPID
US66-6262804
Jurisdiction
CUYAHOGA
Zoning & alternative use
U2-H2 · East Cleveland, OHZoning U2-H2 · permitted uses
U2-H2 · East Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
2
Units
154
Lot
0.19 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
U2-H2
Jurisdiction
East Cleveland, OH
Recorded code
U2-H2
Ownership Intelligence
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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