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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Assisted living facilities
2801 Royalton Rd Broadview Heights, OH 44147-2827
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-2434336
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
30,392 SF
Lot
3.01 ac (131,115 SF)
Zoning code
E-2
APN
583-15-008
UPID
US66-2434336
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
$1.27M
Owner & transaction history
Crown Ohio Master Tenant LLC · 1 yrs held
Crown Ohio Master Tenant LLC
since 2025
6 recorded transactions
Zoning & alternative use
E-2 · Broadview Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide Light Industrial Districts near the major traffic arteries for uses which generate relatively large volumes of traffic, so as to be accessible to a large labor force and consumers throughout the region
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
548.13 ac
Source
Realmo
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 Broadview Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broadview Heights 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
$287,792
Tax year 2023
Assessed value
$3,428,950
Assessed 2023
Previous assessed
$4,561,310
-24.8% YoY
Effective rate
8.39%
On assessed value
Assessed land
$217,980
Assessed improvement
$3,210,970
Land market value
$622,800
Improvement market value
$9,174,200
Total market value
$9,797,000
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
1984
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
159
Total area
30,392 SF
Lot
3.01 ac (131,115 SF)
Zoning code
E-2
APN
583-15-008
UPID
US66-2434336
Jurisdiction
CUYAHOGA
Zoning & alternative use
E-2 · Broadview Heights, OHZoning E-2 · permitted uses
E-2 · Broadview Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide Light Industrial Districts near the major traffic arteries for uses which generate relatively large volumes of traffic, so as to be accessible to a large labor force and consumers throughout the region
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
548.13 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
159
Lot
3.01 ac
Current owner
From public records · entity-resolved
Crown Ohio Master Tenant LLC
Entity
Free & Clear · 1 yrs held
Mailing address
911 E COUNTY LINE RD STE #203, LAKEWOOD, NJ 08701-2069
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
—
Crown Ohio Master Tenant LLC
The Heights Realty LLC
Deed
—
Jul 23, 2020
$9,796,950
Heights Realty LLC
Heights Care Realty LLC
Warranty Deed
related
$28,473,070 · Capital Fndg
Feb 7, 2019
$13,718,187
Heights Care Realty LLC
Hcri Broadview INC
Trustees Deed
$44,000,000 · White Oak Healthcare Fin LLC
Apr 9, 2018
$1,625
City Of Broadview Heights
Hcri Broadview INC
Warranty Deed
related
—
Dec 21, 2001
—
Hcri Broadview INC
Hhc Broadview INC
Grant Deed
related
—
Sep 26, 2000
$5,750,000
Hhc Broadview INC
Royalview Manor Dev Co LP
Grant Deed
$9,435,000 · Beacon Hill 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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