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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Assisted living facilities
5005 Higbee NW Ave Canton, OH 44718-2521
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-0691027
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1974
Construction
BRICK
Total area
48,944 SF
Lot
5.84 ac (254,390 SF)
APN
16-08196
UPID
US66-0691027
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
-
Linda Degli Physician
-
Laura Hammer Physician
-
Belden Village Nursing and Rehab Nursing Home
-
Ayden Healthcare Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$780k
Owner & transaction history
5005 Higbee Propco Tic II LLC · 3 yrs held
5005 Higbee Propco Tic II LLC
since 2022
Last sale
$48,937
6 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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $49k (Dec 30 2022)
Last sale anchor
$49k
Dec 30 2022
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
$16 / 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
$53,752
Tax year 2023
Assessed value
$922,250
Assessed 2023
Previous assessed
$922,250
+0.0% YoY
Effective rate
5.83%
On assessed value
Assessed land
$502,460
Assessed improvement
$419,790
Land market value
$1,435,600
Improvement market value
$1,199,400
Total market value
$2,635,000
Applied tax rate
130.0000
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
1974
Construction
BRICK
Heating
YES
Cooling
NONE
Buildings
2
Stories
2
Units
139
Bathrooms
83
Total area
48,944 SF
Lot
5.84 ac (254,390 SF)
APN
16-08196
UPID
US66-0691027
Jurisdiction
STARK
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
1974
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
139
Bathrooms
83
Lot
5.84 ac
Current owner
From public records · entity-resolved
5005 Higbee Propco Tic II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
50 CHESTNUT RDG RD STE #107, MONTVALE, NJ 07645-1823
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$49,000
5005 Higbee Propco Tic II LLC
5005 Higbee Propco Tic II LLC
Limited Warranty Deed
—
Oct 14, 2022
$49,800
5005 Higbee Propco Tic II LLC
5005 Higbee Propco LLC
Limited Warranty Deed
$100,000 · Dwight Mortgage Trust LLC
Feb 10, 2022
$2,635,300
5005 Higbee Propco LLC
Belden Village Snf Realty LLC
Limited Warranty Deed
$25,000,000 · White Oak Healthcare Finance LLC
Dec 27, 2018
$6,306,900
Belden Village Snf Realty LLC
Meerkat Trust LLC
Grant Deed
$20,000,000 · White Oak Healthcare Fin LLC
Aug 6, 2018
—
Meerkat Trust LLC
Well Pm Properties LLC
Grant Deed
—
Jan 2, 2008
—
Manor Care Of Canton Property LLC
Manor Care Of Canton INC
Limited Warranty Deed
$300,000,000 · Jpmorgan Chase 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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