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    Property profile & analytics

    55 State Rte 56th SW London, OH 43140-8691

    • Assisted living facilities
    • 950 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1999435
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 55 State Rte 56th SW

    Year built
    1920
    Lot size
    1.28 lot acres
    Property size
    950 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    24-01260.000
    APU
    2401260000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.4909
    Latitude
    39.9319
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,361
    $21,780
    $5,370
    $27,150
    -
    $62,220
    $15,330
    $77,550

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      115 High St

      HOMES (RETIRED, NURSING) • 0.16 Acres
      115 High St, London, OH 43140-1228
      View Details
    • Value Estimation by Request
      4,008 SF

      140 Ctr St

      HOMES (RETIRED, NURSING) • 4,008 SF
      140 Ctr St, London, OH 43140-1404
      View Details
    • Value Estimation by Request
      4,822 SF

      15 Main St

      HOMES (RETIRED, NURSING) • 4,822 SF
      15 Main St, London, OH 43140-1243
      View Details
    • Value Estimation by Request
      7,175 SF

      101 Main St

      HOMES (RETIRED, NURSING) • 7,175 SF
      101 Main St, London, OH 43140-1440
      View Details
    • Value Estimation
      $175,000
      0.20 Acres

      56 Sr

      HOMES (RETIRED, NURSING) • 0.20 Acres
      56 Sr, London, OH 43140
      View Details
    • Value Estimation
      $280,000
      1,760 SF

      31 1st St

      HOMES (RETIRED, NURSING) • 1,760 SF
      31 1st St, London, OH 43140-1436
      View Details

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    Similar Nearby for Lease

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    Request Owner's contact information
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    55 State Rte 56th SW
    London, OH 43140-8691
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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