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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    186 Bath Rd Cuyahoga Falls, OH 44223-2516

    • Hospitals
    • 56,072 SF
    • 12.75 lot acres
    OFF-MARKET
    Last Sale
    Feb 05, 2020
    $11,874,013
    Value Estimations
    $8,940,000
    Show details
    Cap Rate Potential
    6.1%
    Hospitals
    Location Intelligence
    Property ID
    US66-4497942
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bath Creek Estates / Nursing Home / Hospice

    Property Details for 186 Bath Rd

    Year built
    2012
    Construction
    FRAME
    Lot size
    12.75 lot acres
    Property size
    56,072 SF
    Property type
    Hospitals
    APN
    35-06408
    APU
    3506408

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,635,000
      ML approach
      $8,035,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,720,000
      6.5%
      $8,975,000
      7%
      $8,335,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,770,000
      Market price range: $2.51M - $6.77M
      AI Estimate
      $6,382,000
      Market price range: $1.63M - $6.48M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,245,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cuyahoga Falls
    County
    Summit
    State
    Ohio
    Longitude
    -81.5166
    Latitude
    41.1566
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $223,717
    $170,020
    $3,095,600
    $3,265,620
    -
    $485,760
    $8,844,580
    $9,330,340

    Comparable in this City

    • Value Estimation
      $605,000
      38,412 SF

      1500 State Rd

      HOSPITAL - PRIVATE • 38,412 SF
      1500 State Rd, Cuyahoga Falls, OH 44223-1302
      View Details
    • Value Estimation
      $210,000
      0.33 Acres

      3459 Board Dr

      HOSPITAL - PRIVATE • 0.33 Acres
      3459 Board Dr, Cuyahoga Falls, OH 44223-2819
      View Details
    • Value Estimation
      $230,000
      1,995 SF

      333 Graham Rd

      HOSPITAL - PRIVATE • 1,995 SF
      333 Graham Rd, Cuyahoga Falls, OH 44223-2260
      View Details
    • Value Estimation
      $240,000
      1,960 SF

      1675 20th St

      HOSPITAL - PRIVATE • 1,960 SF
      1675 20th St, Cuyahoga Falls, OH 44223-1309
      View Details
    • Value Estimation
      $990,000
      327,632 SF

      1900 23rd St

      HOSPITAL - PRIVATE • 327,632 SF
      1900 23rd St, Cuyahoga Falls, OH 44223-1404
      View Details
    • Value Estimation
      $235,000
      1,748 SF

      3638 Antoinette Dr

      HOSPITAL - PRIVATE • 1,748 SF
      3638 Antoinette Dr, Cuyahoga Falls, OH 44223-2816
      View Details

    Similar Nearby for Sale

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      4.75 Acres

      Stow Warehouse Land: 4.75 Acres

      Prime Stow industrial land, ideal for warehouse development.
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    • $209,000
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      Cuyahoga Falls Commercial Land

      2.28 acres, MU-3 zoning, build-to-suit potential.
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    • $1,850,000
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      Advance Auto Parts: Cuyahoga Falls

      Net-leased auto parts store, strong ROI.
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      5.84 Acres

      Portage Trail Ext. Retail Land

      Five parcels, prime Cuyahoga Falls location.
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    • $800,000

      Commercial Land on Portage Trail

      Commercial land with frontage on Portage Trail and Northampton Rd.
      617 Portage Trail Ext W, Cuyahoga Falls, OH 44223
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      15,506 SF

      Cuyahoga Falls Office For Sale

      Office space in a well-connected commercial corridor.
      2680 North Haven Blvd, Cuyahoga Falls, OH 44223
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      120,536 SF

      Portage Crossing Retail Space Available

      Prime Cuyahoga Falls retail space, flexible sizes.
      2925 State Rd, Cuyahoga Falls, OH 44223
      View Details
    • Contact for pricing

      Commercial Land in Graham Square

      Land for rent in a high-traffic commercial area.
      Graham Rd, Stow, OH 44223
      View Details
    • $875 /Mo
      1,000 SF

      Office Suite in Cuyahoga Falls

      Second floor office suite with private offices and kitchenette.
      149 Portage Trail Ext, Cuyahoga Falls, OH 44223
      View Details
    • Contact for pricing

      Retail Land for Lease

      Retail land available in a distinctive 121,000-square-foot development.
      1970 Portage Trl, Cuyahoga Falls, OH 44223
      View Details
    • $7 SF/Yr
      1,500 SF

      Cuyahoga Falls Office Space Available

      Office space for rent in Cuyahoga Falls, Ohio.
      207-209 Portage Trail Ext, Cuyahoga Falls, OH 44223
      View Details
    • Contact for pricing
      2,005 SF

      Retail Space in Cuyahoga Falls

      Retail space available in walkable marketplace with diverse options.
      2001-2041 State Rd, Cuyahoga Falls, OH 44223
      View Details
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    186 Bath Rd
    Cuyahoga Falls, OH 44223-2516
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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