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Property profile & analytics
OFF-MARKET
Assisted living facilities
49 Sheldon Rd, Berea, OH 44017-1136
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-2367121
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1973
Construction
WOOD
Total area
12,848 SF
Lot
2.06 ac (89,734 SF)
Zoning code
MF-MD
APN
361-24-004
UPID
US66-2367121
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
-
Berea Alzheimer’s Care Center Rehabilitation Center Nursing Home
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
Ohio At Berea LLC · 23 yrs held
Ohio At Berea LLC
since 2002
2 recorded transactions
Zoning & alternative use
MF-MD · Berea, OH
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 Berea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berea 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
$63,690
Tax year 2023
Assessed value
$683,170
Assessed 2023
Previous assessed
$683,170
+0.0% YoY
Effective rate
9.32%
On assessed value
Assessed land
$149,210
Assessed improvement
$533,960
Land market value
$426,300
Improvement market value
$1,525,600
Total market value
$1,951,900
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
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
2
Stories
1
Units
50
Bathrooms
2
Total area
12,848 SF
Lot
2.06 ac (89,734 SF)
Zoning code
MF-MD
APN
361-24-004
UPID
US66-2367121
Jurisdiction
CUYAHOGA
Zoning & alternative use
MF-MD · Berea, OH
Zoning MF-MD · permitted uses
MF-MD · Berea, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berea. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
50
Bathrooms
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Ohio At Berea LLC
Entity
Mailing address
4700 ASHWOOD DR STE #300, BLUE ASH, OH 45241-2424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2002
—
Ohio At Berea LLC
—
Deed Of Trust
related
$22,000,000 · Ventas Realty LP
May 3, 2000
—
Providence Health Care INC
—
Deed Of Trust
related
$476,375,000 · Mellon Bank Ttee
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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