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Property profile & analytics
OFF-MARKET
Estimated value
$12,340,000
Specialty properties
1995 State St Salem, OH 44460-2423
Entity Owned
Free & Clear
Property ID
US66-1490147
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1913
Total area
174,424 SF
Lot
3.59 ac (156,420 SF)
APN
51-07925-000
UPID
US66-1490147
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
-
Beth Earles Physician
-
Salem Regional Medical Center : Oncology Physician
-
Salem Regional Medical Center Medical Clinic
-
Fresenius Medical Care at Salem Community Hospital Hospital
-
The Neurology Center of Salem Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.34M
Owner & transaction history
SALEM COMMUNITY HOSPITAL
SALEM COMMUNITY HOSPITAL
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$19.9M
+23.8%
Auto repair, garage
$19.0M
+18.1%
Commercial (general)
$18.9M
+17.9%
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$16,055,000
Current use
MEDICAL BUILDING
$19,885,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,955,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$18,935,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$15,790,000
Change: -2% · Conversion: Difficult
RESTAURANT
$15,390,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$14,800,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$12.34M
Range $11.11M – $13.57M · ±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
$71 / 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
$14,764,790
Assessed 2023
Previous assessed
$14,764,790
+0.0% YoY
Assessed land
$301,110
Assessed improvement
$14,463,680
Land market value
$860,300
Improvement market value
$41,324,800
Total market value
$42,185,100
Applied tax rate
51.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1913
Heating
YES
Buildings
5
Stories
4
Total area
174,424 SF
Lot
3.59 ac (156,420 SF)
APN
51-07925-000
UPID
US66-1490147
Jurisdiction
COLUMBIANA
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$16.1M
MEDICAL BUILDING
Est. value
$19.9M
AUTO REPAIR, GARAGE
Est. value
$19.0M
COMMERCIAL (GENERAL)
Est. value
$18.9M
OFFICE BUILDING
Est. value
$15.8M
RESTAURANT
Est. value
$15.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.8M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1913
Heating
YES
Stories
4
Buildings
5
Lot
3.59 ac
Current owner
From public records · entity-resolved
SALEM COMMUNITY HOSPITAL
Individual
Free & Clear · 0 yrs held
Mailing address
1995 E STATE ST, SALEM, OH 44460-2423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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