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Property profile & analytics
OFF-MARKET
Estimated value
$8,335,000
Hospitals
3308 Brecksville Rd Richfield, OH 44286-9686
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-4211381
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2018
Total area
54,750 SF
Lot
8.88 ac (386,813 SF)
APN
50-01833
UPID
US66-4211381
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
-
Inn at Apple Ridge Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.76M
Comparable Approach
Comparable
$7.73M
Blend (final)
Blend
$8.34M
Owner & transaction history
The Inn At Apple Ridge Management C · 3 yrs held
The Inn At Apple Ridge Management C
since 2023
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+18.9%
Auto repair, garage
$5.4M
+6.2%
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 Richfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,495,000
6.5%
$8,760,000
7%
$8,135,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,125,000
Current use
RESTAURANT
$6,100,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,445,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,115,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$8.34M
Range $7.50M – $9.17M · ±10%
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
$152 / 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
$193,220
Tax year 2023
Assessed value
$3,570,000
Assessed 2023
Previous assessed
$3,570,000
+0.0% YoY
Effective rate
5.41%
On assessed value
Assessed land
$341,880
Assessed improvement
$3,228,120
Land market value
$976,800
Improvement market value
$9,223,200
Total market value
$10,200,000
Applied tax rate
50.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
75
Total area
54,750 SF
Lot
8.88 ac (386,813 SF)
APN
50-01833
UPID
US66-4211381
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
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
MEDICAL BUILDING Current
Est. value
$5.1M
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
75
Lot
8.88 ac
Current owner
From public records · entity-resolved
The Inn At Apple Ridge Management C
Entity
Mailing address
3308 BRECKSVILLE RD, RICHFIELD, OH 44286-9686
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Apr 25, 2023
—
The Inn At Apple Ridge Management C
The Inn At Apple Ridge Limited
Lease
$13,541,600 · Vium Capital Mortgage LLC
Jun 15, 2020
—
The Inn At Apple Ridge Limited
—
Deed
related
$13,600,000 · The Park National Bank
May 22, 2018
—
Inn At Apple Ridge Ltd
Inn At Apple Ridge Ltd
Quit Claim Deed
related
—
Jun 16, 2017
$1,000,000
The Inn At Apple Ridge Limited
Ohio LLC
Warranty Deed
$11,050,000 · Heartland Bank
Jul 26, 2007
—
Heywood Properties Ltd
Heywood Properties Ltd
Quit Claim Deed
—
Jun 24, 2005
$2,350,000
Heywood Properties Ltd
Revere Reserve INC
Warranty Deed
$1,420,000 · Liberty Bank
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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