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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Assisted living facilities
501 Lexington Rd Eaton, OH 45320-9274
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-2424525
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1991
Construction
STEEL FRAME
Total area
26,228 SF
Lot
5.91 ac (257,440 SF)
APN
M40-0006-012-01-004-000
UPID
US66-2424525
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
-
Suites At the Greenbriar Nursing Home Retirement Community
-
Greenbriar Nursing Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Greenbriar Propco LLC · 2 yrs held
Greenbriar Propco LLC
since 2024
Last sale
$2.5M
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 Eaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eaton 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,955,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,295,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,900,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,495,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,485,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,315,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,950,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Jul 17 2024)
Last sale anchor
$2.50M
Jul 17 2024
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
$95 / 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
$70,948
Tax year 2023
Assessed value
$1,400,000
Assessed 2023
Previous assessed
$1,400,000
+0.0% YoY
Effective rate
5.07%
On assessed value
Assessed land
$63,130
Assessed improvement
$1,336,870
Land market value
$180,360
Improvement market value
$3,819,640
Total market value
$4,000,000
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
1991
Construction
STEEL FRAME
Heating
PACKAGE
Stories
1
Total area
26,228 SF
Lot
5.91 ac (257,440 SF)
APN
M40-0006-012-01-004-000
UPID
US66-2424525
Jurisdiction
PREBLE
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
OFFICE BUILDING
Est. value
$4.0M
RESTAURANT
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1991
Construction
STEEL FRAME
Heating
PACKAGE
Stories
1
Lot
5.91 ac
Current owner
From public records · entity-resolved
Greenbriar Propco LLC
Entity
Free & Clear · 2 yrs held
Mailing address
501 W LEXINGTON RD, EATON, OH 45320-9274
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$2,500,000
Greenbriar Propco LLC
October Enterprises INC
Limited Warranty Deed
—
Jan 27, 2023
—
Lovella Cole
Estate Of Robert J Cole
Certificate Of Transfer
—
Dec 14, 2021
—
October Enterprises INC
—
Deed
related
$315,472 · Farmers & Merchants Bank
Apr 9, 2021
$4,000,000
October Enterprises INC
Miami Valley Psychological Services
Warranty Deed
$3,200,000 · Miami Valley Psychological Services
Jul 7, 2011
—
Olive H Coffman
Estate Of Andrew W Coffman
Trustees Deed
related
—
Feb 26, 2009
—
Annabel F Bullen
Estate Of James E Bullen
Certificate Of Transfer
—
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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