Property profile

6745 State Rte 38th SE London, OH 43140

OFF-MARKET
Assisted living facilities
Property ID
US66-1989758
2,544 SF 0.12 ac lot Built 1920
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in the thriving London, OH market. Located at 6745 State Route 38, this 0.32-acre lot encompasses three distinct units, offering diverse income streams and flexibility for the discerning investor. The main building, ideally suited for commercial use, features a spacious area and an attached apartment, previously utilized as residential space. This provides the potential for a live-work arrangement or separate rental income streams. The two front units have recently served as residential spaces, showcasing their adaptability and appeal to a wide range of tenants. A third unit, a compact efficiency-style home, completes the offering, adding further rental potential or the possibility of owner occupancy. All three units share a single well, while the main building and the smaller house each boast their own septic tank and leach field, ensuring independent functionality. Recent improvements include a new roof installed across all three units in October 2024. Heating systems vary

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1920
Total area 2,544 SF
Lot 0.12 ac (5,227 SF)
APN 14-00102.000
UPID US66-1989758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6745 State Rte 38th SE London, OH 43140-9705
London metro Census 41300 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2026
1 recorded transaction
2026
$159,900

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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