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Property profile & analytics
OFF-MARKET
Estimated value
$24,220,000
Assisted living facilities
2550 Cleveland NW Ave Canton, OH 44709-3306
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-1604811
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1975
Construction
FRAME
Total area
96,100 SF
Lot
2.88 ac (125,453 SF)
APN
02-84710
UPID
US66-1604811
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
-
Canton Christian Home Assisted Living Facility Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.22M
Owner & transaction history
The Solomon Foundation · 3 yrs held
The Solomon Foundation
since 2022
Last sale
$24.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$20.1M
+633.2%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$24,595,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$20,100,000
Change: +633% · Conversion: Difficult
Blend value · Realmo final
$24.22M
Range $21.80M – $26.64M · ±10% · vs last sale $24.03M (Dec 30 2022)
Last sale anchor
$24.03M
Dec 30 2022
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
$252 / 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
$108,208
Tax year 2023
Assessed value
$1,392,480
Assessed 2023
Previous assessed
$1,966,030
-29.2% YoY
Effective rate
7.77%
On assessed value
Assessed land
$84,560
Assessed improvement
$1,307,920
Land market value
$241,600
Improvement market value
$3,736,900
Total market value
$3,978,500
Applied tax rate
20.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1975
Construction
FRAME
Heating
YES
Cooling
NONE
Buildings
9
Stories
4
Units
1
Bathrooms
240
Total area
96,100 SF
Lot
2.88 ac (125,453 SF)
APN
02-84710
UPID
US66-1604811
Jurisdiction
STARK
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
OFFICE BUILDING
Est. value
$20.1M
OFFICE BUILDING
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
1975
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
4
Buildings
9
Units
1
Bathrooms
240
Lot
2.88 ac
Current owner
From public records · entity-resolved
The Solomon Foundation
Individual
Free & Clear · 3 yrs held
Mailing address
16965 PNE LN STE #200, PARKER, CO 80134-6518
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$24,030,000
The Solomon Foundation
Canton Christian Home INC
Limited Warranty Deed
—
Jul 10, 2020
—
Canton Christian Home INC
—
Deed
related
$1,000,000 · Fifth Third Bk NA
Jun 6, 2014
—
Canton Christian Home INC
—
Deed Of Trust
related
$10,000,000 · Fifth Third Bk
Feb 26, 2013
—
Canton Christian Home INC
—
Deed Of Trust
related
$4,577,500 · Rbs Citizens Bank NA
—
—
Canton Christian Home INC
—
Loan Modification
related
$1,000,000 · Fifth Third Bk NA
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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