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Property profile & analytics
OFF-MARKET
Hospitals
377 Lk Ave Barberton, OH 44203-3012
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US66-2518429
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1956
Total area
960 SF
Lot
0.15 ac (6,490 SF)
APN
01-11081
UPID
US66-2518429
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Summit Housing Dev Corp · 26 yrs held
Summit Housing Dev Corp
since 2000
7 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 Barberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barberton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20
Tax year 2023
Assessed value
$37,570
Assessed 2023
Previous assessed
$29,070
+29.2% YoY
Effective rate
0.05%
On assessed value
Assessed land
$8,180
Assessed improvement
$29,390
Land market value
$23,370
Improvement market value
$83,980
Total market value
$107,350
Applied tax rate
1.0000
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
1956
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
960 SF
Lot
0.15 ac (6,490 SF)
APN
01-11081
UPID
US66-2518429
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
Building & site characteristics
From public records
Year built
1956
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Summit Housing Dev Corp
Entity
Mailing address
377 E LK AVE, BARBERTON, OH 44203-3012
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Summit Housing Development Corporat
—
Deed
related
$22,928 · Ohio Department Of Development Disabilit
Jan 3, 2020
—
Summit Housing Dev Corp
—
Deed
related
$3,760 · Ohio Dept/developmental Disabi
Jul 14, 2000
$94,000
Summit Housing Dev Corp
Naragon,michael E & Susan M
Grant Deed
$75,000 · Key Bank NA
—
—
Summit Housing Dev Corp
—
Deed Of Trust
related
$3,760 · Ohio Dept/developmental Disabi
—
—
Summit Housing Dev Corp
—
Deed Of Trust
related
$78,600 · Key Bank NA
—
—
Michael E Naragon
—
Deed Of Trust
related
$68,000 · Firstmerit Bank NA
—
—
Summit Housing Dev Corp
—
Deed Of Trust
related
$81,800 · Key Bank NA
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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