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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Assisted living facilities
455 Main St Amherst, OH 44001-2153
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-2551402
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Total area
12,030 SF
Lot
0.45 ac (19,602 SF)
APN
05-00-024-111-011
UPID
US66-2551402
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
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$560k
Owner & transaction history
Central Village Ltd Co · 7 yrs held
Central Village Ltd Co
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$905,000
+29.6%
Medical building
$880,000
+26.2%
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$700,000
Current use
WAREHOUSE, STORAGE
$905,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$880,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$47 / 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
$33,626
Tax year 2023
Assessed value
$565,961
Assessed 2023
Previous assessed
$565,960
+0.0% YoY
Effective rate
5.94%
On assessed value
Assessed land
$33,170
Assessed improvement
$532,791
Land market value
$94,770
Improvement market value
$1,522,260
Total market value
$1,617,030
Applied tax rate
7.0000
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
1989
Heating
NONE
Stories
3
Units
1
Total area
12,030 SF
Lot
0.45 ac (19,602 SF)
APN
05-00-024-111-011
UPID
US66-2551402
Jurisdiction
LORAIN
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$905,000
MEDICAL BUILDING
Est. value
$880,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1989
Heating
NONE
Stories
3
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Central Village Ltd Co
Entity
Mailing address
3905 OBERLIN AVE, LORAIN, OH 44053-2853
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2019
—
Central Village Ltd Co
—
Grant Deed
related
$4,047,000 · Huntington Nat'l Bk
Oct 3, 2018
—
Central Village Ltd Co
—
Grant Deed
related
$11,065,000 · Huntington Nat'l Bk
Jan 29, 2018
—
Central Village Ltd Co
—
Grant Deed
related
$19,686,850 · Huntington Nat'l Bk
Sep 30, 2016
—
Central Village Ltd Co
—
Grant Deed
related
$7,461,000 · Huntington Nat'l Bk
Dec 17, 2012
—
Central Village Ltd Co
—
Deed Of Trust
related
$54,400,000 · Huntington National Bank
Feb 16, 2011
—
Central Village Ltd Co
—
Deed Of Trust
related
$94,928,668 · Charter One
Dec 2, 2009
—
Central Village Ltd Co
—
Deed Of Trust
related
$16,250,000 · Charter One
Aug 8, 2003
—
Central Village Ltd
—
Deed Of Trust
related
$1,377,058 · Bank One 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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