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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Assisted living facilities
21453 Royalton Rd Strongsville, OH 44149
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-5205303
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2017
Total area
33,660 SF
Lot
17.45 ac (760,064 SF)
APN
392-16-014
UPID
US66-5205303
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Omni Slf Strongsville LLC · 7 yrs held
Omni Slf Strongsville LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$42 / 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
$477,645
Tax year 2023
Assessed value
$5,845,910
Assessed 2023
Previous assessed
$5,845,910
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$446,180
Assessed improvement
$5,399,730
Land market value
$1,274,800
Improvement market value
$15,427,800
Total market value
$16,702,600
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
2017
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
33,660 SF
Lot
17.45 ac (760,064 SF)
APN
392-16-014
UPID
US66-5205303
Jurisdiction
CUYAHOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2017
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
17.45 ac
Current owner
From public records · entity-resolved
Omni Slf Strongsville LLC
Entity
Mailing address
33095 BAINBRIDGE RD, SOLON, OH 44139-2834
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2019
—
Omni Slf Strongsville LLC
—
Grant Deed
related
$5,983,231 · Keybank USA
Sep 14, 2018
—
Omni Slf Strongsville LLC
Omni Slf Strongsville LLC
Quit Claim Deed
related
$4,515,500 · Home Svgs Bk
Oct 21, 2016
—
Omni Slf Strongsville LLC
Omni Slf Strongsville LLC
Quit Claim Deed
related
—
Apr 18, 2016
$700,000
Omni Slf Strongsville LLC
Optimus Dev LLC
Warranty Deed
—
Aug 6, 2013
$30,000
Vav Ent LLC
Optimus Dev LLC
Warranty Deed
—
Jun 24, 2010
—
Optimus Dev LLC
—
Grant Deed
related
$1,000,000 · Keybank USA
Apr 7, 2008
$301,000
Optimus Dev LLC
Latawiec Edward J Trust
Grant Deed
—
—
—
Omni Slf Strongsville LLC
—
Loan Modification
related
$13,265,000 · Keybank USA
—
—
Optimus Dev LLC
—
Deed Of Trust
related
$200,000 · Keybank USA
—
—
Omni Slf Strongsville LLC
—
Loan Modification, Consolidation And Extension
related
—
—
—
Omni Slf Strongsville LLC
—
Deed Of Trust
related
$12,550,000 · Home S&l/youngstown
—
—
Omni Slf Strongsville LLC
—
Loan Modification
related
$2,001,768 · Keybank USA
—
—
Optimus Dev LLC
—
Deed Of Trust
related
$200,000 · Keybank USA
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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