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Property profile & analytics
OFF-MARKET
Estimated value
$3,570,000
Assisted living facilities
433 Obetz Rd Columbus, OH 43207-4098
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0302141
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Total area
69,536 SF
Lot
8.09 ac (352,226 SF)
APN
010-111428
UPID
US66-0302141
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
-
SARAH ELIZABETH HOLLIS Physician
-
Gardens of Scioto Nursing Home Retirement Community
-
Villas of Scioto Retirement Community
-
Meadows of Scioto Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$3.57M
Owner & transaction history
Obetz Propco LLC · 2 yrs held
Obetz Propco LLC
since 2023
Last sale
$3.5M
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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$3,605,000
ML approach
$3,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.57M
Range $3.21M – $3.93M · ±10% · vs last sale $3.50M (Dec 29 2023)
Last sale anchor
$3.50M
Dec 29 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
$51 / 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
$272,975
Tax year 2023
Assessed value
$3,736,920
Assessed 2023
Previous assessed
$2,991,840
+24.9% YoY
Effective rate
7.30%
On assessed value
Assessed land
$152,810
Assessed improvement
$3,584,110
Land market value
$436,600
Improvement market value
$10,240,300
Total market value
$10,676,900
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2001
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
69,536 SF
Lot
8.09 ac (352,226 SF)
APN
010-111428
UPID
US66-0302141
Jurisdiction
FRANKLIN
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
2001
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
8.09 ac
Current owner
From public records · entity-resolved
Obetz Propco LLC
Entity
Mailing address
433 OBETZ RD, COLUMBUS, OH 43207-4098
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
$3,500,000
Obetz Propco LLC
Scioto Community Real Estate LLC
Limited Warranty Deed
—
Aug 19, 2015
—
Scioto Community R & E LLC
Chs Of Dayton Real Estate INC
Grant Deed
—
Jul 23, 2014
—
Chs Of Dayton Real Estate INC
—
Grant Deed
related
$3,000,000 · Huntington Nat'l Bk
Jan 10, 2013
$13,388,000
Chs Of Dayton Real Estate INC
Scioto Retirement Cmnty INC
Warranty Deed
$53,060 · Huntington National Bank
Jun 22, 2001
—
Scioto Retirement Community
Huff,robert L & Lynne
Quit Claim Deed
related
—
Mar 1, 1999
$165,000
Robert L Huff
Gotthardt,ruth E
Grant Deed
—
Jun 18, 1998
$2,000
Guy Mitchell
Gotthardt,ruth E
Quit Claim Deed
related
—
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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