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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Assisted living facilities
650 Meridian Rd Youngstown, OH 44509-2932
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1647377
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1988
Total area
35,696 SF
Lot
3.99 ac (173,892 SF)
APN
48-008-0-115.00-0
UPID
US66-1647377
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
-
Hms manufacturing Industrial Manufacturer Production Facility
-
Beachwood Hospital Hospital
-
United Freezer & Storage Co Storage Facility Warehouse & Storage
-
Austintown Healthcare Center Rehabilitation Center Nursing Home
-
Ryder Truck Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$760k
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 Youngstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngstown 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
$755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$695,000
Current use
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$21 / 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
$65,368
Tax year 2023
Assessed value
$984,430
Assessed 2023
Previous assessed
$903,720
+8.9% YoY
Effective rate
6.64%
On assessed value
Assessed land
$46,460
Assessed improvement
$937,970
Land market value
$132,730
Improvement market value
$2,679,900
Total market value
$2,812,630
Applied tax rate
48.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
35,696 SF
Lot
3.99 ac (173,892 SF)
APN
48-008-0-115.00-0
UPID
US66-1647377
Jurisdiction
MAHONING
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$695,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1988
Heating
NONE
Stories
1
Lot
3.99 ac
Current owner
From public records · entity-resolved
Sxcy Mstr Lsco LLC
Entity
Mailing address
4700 ASHWOOD DR STE #200, BLUE ASH, OH 45241-2424
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
—
Sxcy Mstr Lsco LLC
Austintown Asset Ownership LLC
Lease
$15,840,000 · Greystone Funding Company LLC
Dec 27, 2023
—
Austintown Asset Ownership LLC
—
Deed
related
$12,000,000 · Ohi Asset III Pa LP
Apr 23, 2021
—
S Meridian Leasing Co LLC
Sxcy Mstr Lsco LLC
Lease
—
Apr 23, 2021
$1,966,500
Austintown Asset Ownership LLC
Meridian Arms Land LLC
Deed
—
Mar 1, 2021
$2,550,000
Mendelson Realco LLC
Elpeco LLC
Quitclaim Deed
related
$500,000 · First National Bank Of Pennsylvania
Mar 1, 2021
—
Mendelson Realco LLC
—
Deed
related
$954,600 · First National Bank Of Pennsylvania
Sep 2, 2020
—
Elpeco LLC
—
Deed
related
$500,000 · The Cortland Savings & Banking Co
May 18, 2018
—
Upsco LLC
—
Deed
related
$2,150,000 · The Cortland Savings & Banking Co
Mar 30, 2017
—
Elpe Co LLC
—
Deed
related
$785,000 · First National Bank Of Pennsylvania
Mar 6, 2007
—
Meridian Arms Land INC
Ohi Asset Essex Oh LLC
Quit Claim Deed
related
—
Mar 31, 2006
—
Ohi Asset Essex Oh LLC
Meridian Arms Land INC
Limited Warranty Deed
—
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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