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Property profile & analytics
OFF-MARKET
Estimated value
$6,310,000
Assisted living facilities
2735 Darlington Rd Toledo, OH 43606-3206
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0230607
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1961
Total area
68,720 SF
Lot
4.74 ac (206,387 SF)
Zoning code
10-RM36
APN
04-15001
UPID
US66-0230607
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
-
Park Terrace Rehabilitation Center Nursing Home
-
North Coast Clinical Labs Inc Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.31M
Owner & transaction history
Ptpr Propco LLC · 2 yrs held
Ptpr Propco LLC
since 2024
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
10-RM36 · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.5M
+104.6%
Restaurant
$6.4M
+102.9%
Auto repair, garage
$5.6M
+76.2%
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
$6,310,000
ML approach
$6,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,500,000
Change: +105% · Conversion: Difficult
RESTAURANT
$6,445,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,600,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$5,480,000
Change: +73% · Conversion: Difficult
OFFICE BUILDING
$5,075,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$4,085,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$6.31M
Range $5.68M – $6.94M · ±10% · vs last sale $6.31M (Jul 2 2024)
Last sale anchor
$6.31M
Jul 2 2024
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
$92 / 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
$111,245
Tax year 2023
Assessed value
$1,198,435
Assessed 2023
Previous assessed
$1,198,435
+0.0% YoY
Effective rate
9.28%
On assessed value
Assessed land
$145,880
Assessed improvement
$1,052,555
Land market value
$416,800
Improvement market value
$3,007,300
Total market value
$3,424,100
Applied tax rate
4.0000
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
1961
Heating
NONE
Stories
1
Units
120
Total area
68,720 SF
Lot
4.74 ac (206,387 SF)
Zoning code
10-RM36
APN
04-15001
UPID
US66-0230607
Jurisdiction
LUCAS
Zoning & alternative use
10-RM36 · Toledo, OHZoning 10-RM36 · permitted uses
10-RM36 · Toledo, OH
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
COMMERCIAL (GENERAL)
Est. value
$6.5M
RESTAURANT
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL 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
1961
Heating
NONE
Stories
1
Units
120
Lot
4.74 ac
Current owner
From public records · entity-resolved
Ptpr Propco LLC
Entity
Mailing address
15 AMERICA AVE UNIT #304, LAKEWOOD, NJ 08701-4582
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
—
Ptpr Propco LLC
Park Terrace Realty LLC
Limited Warranty Deed
$5,625,000 · Park Terrace Rehabilitation Center
Nov 2, 2020
—
Apartments Of Pelham LLC
—
Deed
related
$9,669,000 · Zions Bancorporation NA
Oct 11, 2019
$2,980,500
Park Terrace Realty LLC
Darlington J Dek LLC
Limited Warranty Deed
$6,112,854 · Capital Funding
Aug 8, 2014
$3,120,000
Darlington J Dek LLC
Orion Properties Thirteen LLC
Limited Warranty Deed
—
Sep 1, 2009
—
Orion Properties Thirteen LLC
Dani Family Ltd
Grant Deed
$5,500,000 · Citizens Federal Bank Fsb
Mar 3, 2009
—
Dani Family Ltd
—
Deed Of Trust
related
$7,500,000 · Bank Of America
Jul 12, 2007
—
Dani Family Ltd
—
Deed Of Trust
related
$53,000,000 · Orion Care Services LLC
—
—
Apartments Of Pelham LLC
—
Deed Of Trust
related
$9,669,000 · Zions Bancorporation 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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