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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Assisted living facilities
2316 Springmill Rd Dayton, OH 45440-2504
Entity Owned
10-yr Hold
Free & Clear
Property ID
US66-1866753
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1966
Construction
WOOD
Total area
57,207 SF
Lot
10.1 ac (439,869 SF)
APN
N64 03412 0016
UPID
US66-1866753
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
-
Oak Creek Terrace Nursing & Rehab Center Retirement Home Rehabilitation Center
-
NICHOLAS ADRIAN Physician
-
CHRISTINE B WELLER Pediatrician Physician
-
Oak Creek Terrace Nursing Home Retirement Community
-
HOLLY PAPANEK Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$975k
Owner & transaction history
Kettering Real Estate LLC · 10 yrs held
Kettering Real Estate LLC
since 2015
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$17 / 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
$97,910
Tax year 2023
Assessed value
$964,150
Assessed 2023
Previous assessed
$964,150
+0.0% YoY
Effective rate
10.16%
On assessed value
Assessed land
$116,630
Assessed improvement
$847,520
Land market value
$333,230
Improvement market value
$2,421,490
Total market value
$2,754,720
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
1966
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
57,207 SF
Lot
10.1 ac (439,869 SF)
APN
N64 03412 0016
UPID
US66-1866753
Jurisdiction
MONTGOMERY
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
1966
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
10.1 ac
Current owner
From public records · entity-resolved
Kettering Real Estate LLC
Entity
Free & Clear · 10 yrs held
Mailing address
6210 CLEVES WARSAW PIKE, CINCINNATI, OH 45233-4510
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2019
—
Kettering Real Estate LLC
—
Deed
related
$4,325,300 · Orix R/e Cap
Feb 14, 2018
—
Kettering Real Estate LLC
—
Deed
related
$4,325,300 · Lancaster Pollard Mtg
Aug 11, 2016
—
Kettering Real Estate LLC
—
Deed
related
$6,560,000 · Lancaster Pollard Mtg
Dec 22, 2015
—
Kettering Real Estate LLC
Bks Investors
Warranty Deed
related
—
—
—
Bks Investors
—
Deed Of Trust
related
$16,500,000 · Lancaster Pollard Finance Co L
—
—
Kettering Real Estate LLC
—
Loan Modification
related
$4,325,300 · Orix R/e Cap
—
—
Kettering Real Estate LLC
—
Deed Of Trust
related
$6,560,000 · Lancaster Pollard Mtg
—
—
Bks Investors
—
Deed Of Trust
related
$2,072,245 · Fifth Third Bank
—
—
Kettering Real Estate LLC
—
Loan Modification
related
$4,325,300 · Lancaster Pollard Mtg
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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