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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Assisted living facilities
570 Rocky Riv Dr, Berea, OH 44017-1613
Trust Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-5846076
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Construction
WOOD
Total area
32,061 SF
Lot
3.71 ac (161,607 SF)
Zoning code
RSF-B
APN
362-04-010
UPID
US66-5846076
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
-
Northwestern Healthcare Center Rehabilitation Center Nursing Home
-
Sheryl Aponte Physician
-
Ashley Mcdermott Physician
-
Susan Berberich Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$830k
Owner & transaction history
Ohio Asset III Trust · 18 yrs held
Ohio Asset III Trust
since 2008
7 recorded transactions
Zoning & alternative use
RSF-B · 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
Method
Estimation
Statistic approach
by Request
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$26 / 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
$142,474
Tax year 2023
Assessed value
$1,528,240
Assessed 2023
Previous assessed
$1,528,240
+0.0% YoY
Effective rate
9.32%
On assessed value
Assessed land
$268,660
Assessed improvement
$1,259,580
Land market value
$767,600
Improvement market value
$3,598,800
Total market value
$4,366,400
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
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
1
Units
100
Total area
32,061 SF
Lot
3.71 ac (161,607 SF)
Zoning code
RSF-B
APN
362-04-010
UPID
US66-5846076
Jurisdiction
CUYAHOGA
Zoning & alternative use
RSF-B · Berea, OH
Zoning RSF-B · permitted uses
RSF-B · 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
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Lot
3.71 ac
Current owner
From public records · entity-resolved
Ohio Asset III Trust
Trust
Mailing address
4700 ASHWOOD DR STE #200, BLUE ASH, OH 45241-2424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2018
—
Nwest Asset Ownership LLC
—
Grant Deed
related
$6,240,000 · Capital Fndg
May 3, 2016
—
Nwest Asset Ownership LLC
—
Deed
related
$61,000,000 · Capital One NA
May 9, 2008
$5,208,456
Ohio Asset III Trust
Thi Of Oh R/e Holding Co LLC
Grant Deed
related
—
Nov 13, 2002
—
Thi Of Ohio Real Estate Holdin
Trans Healthcare Of Ohio INC
Grant Deed
$55,000,000 · Ventas Realty LP
Jun 5, 2000
$2,597,700
Trans Healthcare Of Ohio INC
Phc Operating Corp
Grant Deed
$52,500,000 · Bank Of Montreal Ttee
Aug 27, 1999
—
Phc Operating Corp
—
Deed Of Trust
related
$476,375,000 · Mellon Bank Trustee
—
—
Second Option Op Co LLC
—
Deed Of Trust
related
$6,240,000 · Capital Fndg
—
—
Nwest Asset Ownership LLC
—
Deed Of Trust
related
$61,000,000 · Capital One 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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