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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Hospitals
563 Colony Park Dr Tallmadge, OH 44278-2859
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-0798883
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1980
Total area
47,900 SF
Lot
5 ac (217,800 SF)
APN
60-06138
UPID
US66-0798883
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
-
Lauren N. Sponseller, COTA Physician
-
The Colony Healthcare Center Nursing Home
-
Lisa Boden Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$2.40M
Owner & transaction history
Sxcy Mstr Lsco LLC · 1 yrs held
Sxcy Mstr Lsco LLC
since 2024
7 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 Tallmadge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallmadge 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
$1,785,000
ML approach
$1,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,720,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±10%
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
$50 / 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
$88,322
Tax year 2023
Assessed value
$1,211,160
Assessed 2023
Previous assessed
$1,211,160
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$97,780
Assessed improvement
$1,113,380
Land market value
$279,380
Improvement market value
$3,181,080
Total market value
$3,460,460
Applied tax rate
60.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
54
Total area
47,900 SF
Lot
5 ac (217,800 SF)
APN
60-06138
UPID
US66-0798883
Jurisdiction
SUMMIT
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
$3.7M
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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
54
Lot
5 ac
Current owner
From public records · entity-resolved
Sxcy Mstr Lsco LLC
Entity
Mailing address
563 COLONY PARK DR, TALLMADGE, OH 44278-2859
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
—
Sxcy Mstr Lsco LLC
Colony Asset Ownership LLC
Lease
$15,360,000 · Greystone Funding Company LLC
Feb 19, 2021
—
Sxcy Mstr Lsco LLC
Colony Asset Owership LLC
Lease
—
Feb 19, 2021
$2,324,660
Colony Asset Ownership LLC
Colonial Gardens LLC
Transfer On Death Deed
$76,000,000 · Fifth Third Bank
Apr 14, 2010
—
Colonial Gardens LLC
—
Deed Of Trust
related
$420,000,000 · Bank Of America
Mar 7, 2007
—
Colonial Gardens LLC
Ohi Asset Essex Oh LLC
Quit Claim Deed
related
—
Mar 30, 2006
—
Ohi Asset Essex LLC
Colonial Gardens LLC
Grant Deed
—
Jan 5, 2005
—
Colonial Gardens LLC
Colonial Gardens INC
Quit Claim Deed
related
—
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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