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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Assisted living facilities
460 College St Woodburn, KY 42170-9738
Entity Owned
2-yr Hold
Free & Clear
Property ID
US34-0579664
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1959
Construction
FRAME
Total area
12,248 SF
Lot
2.94 ac (128,066 SF)
APN
032B-01-121
UPID
US34-0579664
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
-
Hopkins Center Nursing Home
-
Hopkins Nursing and Rehabilitation Center Nursing Home
-
Hopkins Nursing Center Employment Agency
-
Racheal Sainato Physician
-
Carla Mercer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
460 South College Street Realty LLC · 2 yrs held
460 South College Street Realty LLC
since 2024
Last sale
$2.3M
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 Woodburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodburn 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
$2,035,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,210,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,975,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,855,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.32M (Oct 26 2023)
Last sale anchor
$2.32M
Oct 26 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
$189 / 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
$12,656
Tax year 2023
Assessed value
$1,467,750
Assessed 2023
Previous assessed
$1,467,750
+0.0% YoY
Effective rate
0.86%
On assessed value
Total market value
$1,467,750
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1959
Construction
FRAME
Heating
NONE
Stories
1
Total area
12,248 SF
Lot
2.94 ac (128,066 SF)
APN
032B-01-121
UPID
US34-0579664
Jurisdiction
WARREN
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
RESTAURANT
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE 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
1959
Construction
FRAME
Heating
NONE
Stories
1
Lot
2.94 ac
Current owner
From public records · entity-resolved
460 South College Street Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
300 PROVIDER CT, RICHMOND, KY 40475-8488
Ownership since
2024
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
Jan 5, 2024
—
460 South College Street Realty LLC
G1 Hopkins Roll LLC
Correction Deed
related
—
Oct 26, 2023
$2,321,696
460 South College Street Realty LLC
G1 Hopkings Roll LLC
Special Warranty Deed
$73,305,000 · Cbre Capital Markets INC
Oct 26, 2023
—
G1 Hopkins Roll LLC
Hopkings Propco LLC
Special Warranty Deed
—
Aug 5, 2019
—
Hopkins Propco LLC
—
Deed
related
$66,000,000 · White Oak Healthcare Finance LLC
Jan 12, 2018
$1,467,754
Hopkins Propco LLC
Kentucky Holdings I LLC
Special Warranty Deed
$97,500,000 · 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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