Property profile

29559 Detroit Rd Westlake, OH 44145

OFF-MARKET
Assisted living facilities
Property ID
US66-1669526
0.61 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Lot 0.61 ac (26,571 SF)
Zoning code R-MF24
APN 211-27-009
UPID US66-1669526

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29559 Detroit Rd Westlake, OH 44145-1932
Westlake metro Census 189111 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.06M

Owner & transaction history

since 2022
Last sale
$4.0M
5 recorded transactions
2022
$4.0M
2010
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

R-MF24 · Westlake, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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