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Property profile & analytics
OFF-MARKET
Estimated value
$4,710,000
Assisted living facilities
6101 Smt St, Toledo, OH 43611-1242
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2180787
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1995
Total area
40,030 SF
Lot
7.32 ac (318,729 SF)
Zoning code
21-MX
APN
83-20040
UPID
US66-2180787
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
-
Steven Cook Physician
-
Point Place Healthcare & Rehabilitation Retirement Community Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$4.71M
Owner & transaction history
Point Place Oh Health & Rehab Realt · 1 yrs held
Point Place Oh Health & Rehab Realt
since 2025
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
21-MX · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.7M
+99.4%
Restaurant
$3.5M
+88.2%
Commercial (general)
$3.2M
+74.9%
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,690,000
Change: +99% · Conversion: Difficult
RESTAURANT
$3,485,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,240,000
Change: +75% · Conversion: Difficult
Blend value · Realmo final
$4.71M
Range $4.24M – $5.18M · ±10% · vs last sale $5.54M (Nov 11 2024)
Last sale anchor
$5.54M
Nov 11 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
$118 / 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
$175,678
Tax year 2023
Assessed value
$1,505,420
Assessed 2023
Previous assessed
$1,505,420
+0.0% YoY
Effective rate
11.67%
On assessed value
Assessed land
$33,565
Assessed improvement
$1,471,855
Land market value
$95,900
Improvement market value
$4,205,300
Total market value
$4,301,200
Applied tax rate
83.0000
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
1995
Heating
NONE
Stories
1
Units
98
Total area
40,030 SF
Lot
7.32 ac (318,729 SF)
Zoning code
21-MX
APN
83-20040
UPID
US66-2180787
Jurisdiction
LUCAS
Zoning & alternative use
21-MX · Toledo, OH
Zoning 21-MX · permitted uses
21-MX · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.7M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
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
1995
Heating
NONE
Stories
1
Units
98
Lot
7.32 ac
Current owner
From public records · entity-resolved
Point Place Oh Health & Rehab Realt
Individual
Mailing address
8 LAKESIDE DR W, LAWRENCE, NY 11559-1723
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
$5,537,300
Point Place Oh Health & Rehab Realt
Toledo Healthcare & Rehab Ctr Propc
Deed
—
Jan 28, 2022
—
Toledo Healthcare & Rehab Ctr Propc
—
Deed
related
$89,000,000 · Dmt Spe I LLC
Aug 7, 2019
—
Point Place Propco LLC
—
Grant Deed
related
$66,000,000 · White Oak Healthcare Fin LLC
Jan 2, 2018
$6,105,150
Point Place Propco Tic H LLC
Sabra Health Care Holdings III
Grant Deed
$79,500,000 · Keybank USA
Nov 8, 2010
—
Sabra Health Care Holdings III
Harborside North Toledo LP
Grant Deed
—
Apr 25, 2007
—
North Toledo Harborside
—
Deed Of Trust
related
$130,000,000 · Credit Suisse
May 11, 2006
—
North Toledo Harborside
—
Deed Of Trust
related
$500,000,000 · Merrill Lynch Capital
Nov 22, 2005
—
North Toledo Harborside
—
Deed Of Trust
related
$35,000,000 · Heller Healthcare Finance INC
Mar 21, 2005
—
North Toledo Harborside
—
Deed Of Trust
related
$25,000,000 · General Electric Capital Corp
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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