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    Property profile & analytics

    299 Commerce Dr Seaman, OH 45679-7516

    • Assisted living facilities
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $6,330,000
    Last Sale
    Aug 19, 2022
    $6,870,450
    Location Intelligence
    Property ID
    US66-4589499
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Monarch Meadows Skilled Nursing & Rehabilitation / Nursing Home / Assisted Living Facility

    Property Details for 299 Commerce Dr

    Lot size
    2.00 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    050-00-00-038.012
    APU
    500000038012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,170,000
      6.5%
      $6,865,000
      7%
      $7,350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,275,000
      Geo Method
      $7,205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,735,000
      Retail
      $7,570,000
      Mixed-Use
      $7,880,000
      Hospitality
      $6,055,000
      Educational
      $7,570,000
      Residential Income
      $7,700,000
      Energy
      $6,995,000
      Income-Based Land
      $6,495,000
      Food Service
      $7,610,000

    Location Insight

    • Map
    • Local Demand
    City
    Seaman
    County
    Adams
    State
    Ohio
    Longitude
    -83.5877
    Latitude
    38.9344

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,412
    $60,970
    $0.00
    $60,970
    -
    $174,200
    $0.00
    $174,200

    Comparable in this City

    • Value Estimation
      $6,255,000
      52,276 SF

      299 Commerce Dr

      HOMES (RETIRED, NURSING) • 52,276 SF
      299 Commerce Dr, Seaman, OH 45679-7516
      View Details
    • Value Estimation
      $690,000
      7,672 SF

      285 Medical Ctr Dr

      MEDICAL BUILDING • 7,672 SF
      285 Medical Ctr Dr, Seaman, OH 45679-8006
      View Details
    • Value Estimation
      $585,000
      23,665 SF

      218 Stern Rd

      MEDICAL BUILDING • 23,665 SF
      218 Stern Rd, Seaman, OH 45679-9607
      View Details
    • Value Estimation
      $445,000
      6,319 SF

      65 Commerce Dr

      MEDICAL BUILDING • 6,319 SF
      65 Commerce Dr, Seaman, OH 45679-8001
      View Details
    • Value Estimation by Request
      0.77 Acres

      Commerce Dr

      VACANT COMMERCIAL LAND • 0.77 Acres
      Commerce Dr, Seaman, OH 45679
      View Details
    • Value Estimation by Request
      1.60 Acres

      Medical Ctr Dr

      VACANT COMMERCIAL LAND • 1.60 Acres
      Medical Ctr Dr, Seaman, OH 45679
      View Details

    Similar Nearby for Sale

    • $200,000
      1.96 Acres

      Corner Lot Near State Route

      Visible corner lot near amenities, ideal for business or investment.
      Tranquility Pike, Seaman, OH 45679
      View Details
    • $345,500
      13.83 Acres

      Versatile Land Tract in Seaman

      13+ acre tract suitable for residential, commercial, or farming.
      Tranquility Pike, Seaman, OH 45679
      View Details
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    299 Commerce Dr
    Seaman, OH 45679-7516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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