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Property profile & analytics
OFF-MARKET
Estimated value
$3,445,000
Assisted living facilities
23900 Chagrin Blvd Beachwood, OH 44122-5511
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2486838
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1962
Construction
TYPE NOT SPECIFIED
Total area
60,512 SF
Lot
1.86 ac (80,943 SF)
Zoning code
U-7A
APN
742-25-002
UPID
US66-2486838
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
$3.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.45M
Owner & transaction history
Beachwood Assets LLC · 4 yrs held
Beachwood Assets LLC
since 2021
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
U-7A · Beachwood, OH
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 Beachwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beachwood 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
$3,215,000
ML approach
$3,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.45M
Range $3.10M – $3.79M · ±10% · vs last sale $3.50M (Aug 20 2021)
Last sale anchor
$3.50M
Aug 20 2021
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
$57 / 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
$121,752
Tax year 2023
Assessed value
$1,517,540
Assessed 2023
Previous assessed
$1,517,540
+0.0% YoY
Effective rate
8.02%
On assessed value
Assessed land
$215,290
Assessed improvement
$1,302,250
Land market value
$615,100
Improvement market value
$3,720,700
Total market value
$4,335,800
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
1962
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
3
Units
160
Rooms
10
Bathrooms
2
Total area
60,512 SF
Lot
1.86 ac (80,943 SF)
Zoning code
U-7A
APN
742-25-002
UPID
US66-2486838
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-7A · Beachwood, OH
Zoning U-7A · permitted uses
U-7A · Beachwood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beachwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
2
Units
160
Rooms
10
Bathrooms
2
Lot
1.86 ac
Current owner
From public records · entity-resolved
Beachwood Assets LLC
Entity
Mailing address
23900 CHAGRIN BLVD, BEACHWOOD, OH 44122-5511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
—
Orix Real Estate Capital LLC
—
Deed
related
$7,774,700 · Beachwood Realty Ltd
Jul 26, 2022
—
Beachwood Assets LLC
—
Deed
related
$20,000,000 · Merchants Bank Of Indiana
Aug 20, 2021
$3,500,000
Beachwood Assets LLC
Beachwood Realty Ltd
Limited Warranty Deed
$9,000,000 · Greystone Servicing Company LLC
Jul 1, 2020
—
Beachwood Realty Ltd
—
Deed
related
$7,774,700 · Orix R/e Cap
Feb 11, 2008
—
Beachwood Realty Ltd
Beachwood Realty
Quit Claim Deed
related
—
—
—
Beachwood Realty Ltd
—
Deed Of Trust
related
$7,774,700 · Lancaster Pollard Mtg
—
—
Beachwood Realty Ltd
—
Loan Modification
related
$7,774,700 · Lancaster Pollard Mtg
—
—
Beachwood Realty Ltd
—
Loan Modification
related
$7,774,700 · Orix R/e Cap
—
—
Beachwood Realty Ltd
—
Deed Of Trust
related
$195,000 · Saber Healthcare Group LLC
—
—
Beachwood Realty Ltd
—
Deed Of Trust
related
$7,774,700 · Centennial Mortgage
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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