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Property profile & analytics
OFF-MARKET
Estimated value
$4,135,000
Hospitals
375 Main St West Jefferson, OH 43162-1298
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1285515
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1979
Total area
30,568 SF
Lot
3.26 ac (142,006 SF)
APN
10-01718.000
UPID
US66-1285515
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
-
Arbors West Nursing Home
-
Arbors Nursing Home
-
Nova Care Physician
-
Valerie Groover Physician
-
Joseph E. Knapton, OTR Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.08M
CAP Approach
CAP
$4.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.14M
Owner & transaction history
Jefferson 375 Property Holdings LLC · 2 yrs held
Jefferson 375 Property Holdings LLC
since 2023
Last sale
$4.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 West Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Jefferson 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
$3,940,000
ML approach
$4,075,000
CAP Approach
CAP Return
Estimation
6%
$5,385,000
6.5%
$4,975,000
7%
$4,615,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,555,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,915,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,505,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.14M
Range $3.72M – $4.55M · ±10% · vs last sale $4.17M (Dec 11 2023)
Last sale anchor
$4.17M
Dec 11 2023
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
$135 / 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
$28,496
Tax year 2023
Assessed value
$493,070
Assessed 2023
Previous assessed
$469,590
+5.0% YoY
Effective rate
5.78%
On assessed value
Assessed land
$80,210
Assessed improvement
$412,860
Land market value
$229,180
Improvement market value
$1,179,600
Total market value
$1,408,780
Applied tax rate
10.0000
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
1979
Heating
NONE
Stories
1
Total area
30,568 SF
Lot
3.26 ac (142,006 SF)
APN
10-01718.000
UPID
US66-1285515
Jurisdiction
MADISON
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
OFFICE BUILDING
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
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
1979
Heating
NONE
Stories
1
Lot
3.26 ac
Current owner
From public records · entity-resolved
Jefferson 375 Property Holdings LLC
Entity
Mailing address
3400 OAKTON ST, SKOKIE, IL 60076-2951
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2023
$4,168,000
Jefferson 375 Property Holdings LLC
West Re 1 LLC
Limited Warranty Deed
$5,781,300 · Walker & Dunlop LLC
Jan 5, 2017
—
West Re 1 LLC
—
Deed
related
$5,781,300 · Walker & Dunlop
Oct 25, 2006
—
West Re 1 LLC
Arbors West Realty Oh LLC
Warranty Deed
$500,000,000 · Lehman Brothers Bank Fsb
—
—
West Re 1 LLC
—
Loan Modification
related
$5,781,300 · Walker & Dunlop
—
—
West Re 1 LLC
—
Deed Of Trust
related
$5,781,300 · Private Lender
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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