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Property profile & analytics
OFF-MARKET
Estimated value
$3,915,000
Hospitals
575 Cleveland Massillon Rd, Fairlawn, OH 44333-3019
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-2145814
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1985
Total area
55,400 SF
Lot
10.46 ac (455,725 SF)
APN
09-02551
UPID
US66-2145814
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.67M
Blend (final)
Blend
$3.92M
Owner & transaction history
Fairlawn 575 Property Holdings LLC · 1 yrs held
Fairlawn 575 Property Holdings LLC
since 2025
Last sale
$3.9M
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 Fairlawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairlawn 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
$3,625,000
ML approach
$4,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,040,000
Current use
RESTAURANT
$5,875,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,525,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$5,310,000
Change: -12% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,180,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.92M
Range $3.52M – $4.31M · ±10% · vs last sale $3.90M (Dec 15 2023)
Last sale anchor
$3.90M
Dec 15 2023
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
$71 / 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
$84,692
Tax year 2023
Assessed value
$1,487,510
Assessed 2023
Previous assessed
$1,487,510
+0.0% YoY
Effective rate
5.69%
On assessed value
Assessed land
$445,590
Assessed improvement
$1,041,920
Land market value
$1,273,100
Improvement market value
$2,976,900
Total market value
$4,250,000
Applied tax rate
9.0000
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
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
150
Bathrooms
75
Total area
55,400 SF
Lot
10.46 ac (455,725 SF)
APN
09-02551
UPID
US66-2145814
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
MEDICAL BUILDING Current
Est. value
$6.0M
RESTAURANT
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
150
Bathrooms
75
Lot
10.46 ac
Current owner
From public records · entity-resolved
Fairlawn 575 Property Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3450 OAKTON ST, SKOKIE, IL 60076-2951
Ownership since
2025
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
Jan 21, 2025
—
Fairlawn 575 Property Holdings LLC
Fairlawn Re 1 LLC
Deed
related
—
Aug 12, 2024
—
Fairlawn 575 Property Holdings LLC
Fairlawn Re 1 LLC
Correction Deed
related
—
Dec 15, 2023
$3,897,755
Fairlawn 575 Property Holdings LLC
Fairlawn Re 1 LLC
Limited Warranty Deed
$5,434,500 · Department Of Housing & Urban Dev
Nov 2, 2016
—
Fairlawn Re 1 LLC
—
Deed
related
$5,029,445 · Walker & Dunlop
Aug 19, 2011
—
Fairlawn Re 1 LLC
—
Deed Of Trust
related
$5,434,500 · Private Lender
Oct 30, 2006
—
Fairlawn Re 1 LLC
Arbors At Fairlawn Realty Oh LLC
Warranty Deed
$500,000,000 · Lehman Brothers Bank Fsb
Dec 28, 1999
—
Fairlawn Care LLC
Florida 6 Health Care Facilili
Quit Claim Deed
related
—
—
—
Fairlawn Re 1 LLC
—
Loan Modification
related
$5,029,445 · Walker & Dunlop
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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