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Property profile & analytics
OFF-MARKET Estimated value $865,000
Assisted living facilities

3151 Mayfield Rd Cleveland Heights, OH 44118-1757

80,243 SF 5.48 ac lot Built 2000
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-2016512
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2000
Construction WOOD
Total area 80,243 SF
Lot 5.48 ac (238,709 SF)
Zoning code S2
APN 681-29-003
UPID US66-2016512
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
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$921k
Blend (final) Blend
$865k
Owner & transaction history
Forest Hills Propco LLC · 3 yrs held
Forest Hills Propco LLC
since 2023
6 recorded transactions
2023
Price N/A
2020
$3.8M
2016
$5.2M
2006
Price N/A
1997
$1.6M
1969
Price N/A
Zoning & alternative use
S2 · Cleveland Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chap. 1145. S-2 Mixed Use District. Chap. 1147. Planned Development Overlay District. CHAPTER 1141 Planned Development Objectives 1141.01 Objectives of the planned development regulations. CROSS REFERENCES PDO Planned Development Overlay District - see P. & Z. Ch. 1147 1141.01 OBJECTIVES OF THE PLANNED DEVELOPMENT REGULATIONS. The regulations contained in Ch…

Zone name Mixed Use District
General category MIXED_USE
Zone area 107.84 ac
Source Zoning Code adopted 20240116
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