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    Property profile & analytics

    6115 Olivet Ave Elyria, OH 44035-1230

    • Assisted living facilities
    • 15,095 SF
    • 2.86 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Jun 10, 2020
    $45,000
    Location Intelligence
    Property ID
    US66-5383364
    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 6115 Olivet Ave

    Year built
    2021
    Lot size
    2.86 lot acres
    Property size
    15,095 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    06-22-013-101-013
    APU
    622013101013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1219
    Latitude
    41.4163
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $279
    $10,255
    $482,748
    $493,003
    -
    $29,300
    $1,379,280
    $1,408,580

    Comparable in this City

    • Value Estimation by Request
      3,516 SF

      175 Chadwick Ct

      HOMES (RETIRED, NURSING) • 3,516 SF
      175 Chadwick Ct, Elyria, OH 44035-4669
      View Details
    • Value Estimation by Request
      57,776 SF

      1212 Abbe N Rd

      HOMES (RETIRED, NURSING) • 57,776 SF
      1212 Abbe N Rd, Elyria, OH 44035-1600
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    • Value Estimation by Request
      2,525 SF

      162 Irondale St

      HOMES (RETIRED, NURSING) • 2,525 SF
      162 Irondale St, Elyria, OH 44035-5426
      View Details
    • Value Estimation by Request
      3,000 SF

      1210 Abbe S Rd

      HOMES (RETIRED, NURSING) • 3,000 SF
      1210 Abbe S Rd, Elyria, OH 44035-7275
      View Details
    • Value Estimation
      $450,000
      1,920 SF

      145 Academy Ct

      HOMES (RETIRED, NURSING) • 1,920 SF
      145 Academy Ct, Elyria, OH 44035-8700
      View Details
    • Value Estimation
      $305,000
      9,291 SF

      1049 Infirmary Rd

      HOMES (RETIRED, NURSING) • 9,291 SF
      1049 Infirmary Rd, Elyria, OH 44035-4894
      View Details

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    6115 Olivet Ave
    Elyria, OH 44035-1230
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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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