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Property profile & analytics
OFF-MARKET
Estimated value
$5,935,000
Assisted living facilities
7700 Columbus NE Rd Louisville, OH 44641
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-2286538
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
FRAME
Total area
161,704 SF
Lot
13.35 ac (581,526 SF)
APN
33-09178
UPID
US66-2286538
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
$5.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.94M
Owner & transaction history
Green Meadows Realty LLC · 4 yrs held
Green Meadows Realty LLC
since 2022
Last sale
$6.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$9.4M
+78.3%
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$4,535,000
ML approach
$5,805,000
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)
$5,275,000
Current use
WAREHOUSE, STORAGE
$9,410,000
Change: +78% · Conversion: Difficult
Blend value · Realmo final
$5.94M
Range $5.34M – $6.53M · ±10% · vs last sale $6.00M (Feb 8 2022)
Last sale anchor
$6.00M
Feb 8 2022
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
$37 / 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
$124,844
Tax year 2023
Assessed value
$2,100,010
Assessed 2023
Previous assessed
$2,100,010
+0.0% YoY
Effective rate
5.94%
On assessed value
Assessed land
$68,640
Assessed improvement
$2,031,370
Land market value
$196,100
Improvement market value
$5,803,900
Total market value
$6,000,000
Applied tax rate
300.0000
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
1970
Construction
FRAME
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Units
1
Bathrooms
75
Total area
161,704 SF
Lot
13.35 ac (581,526 SF)
APN
33-09178
UPID
US66-2286538
Jurisdiction
STARK
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
$5.3M
WAREHOUSE, STORAGE
Est. value
$9.4M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
WAREHOUSE, STORAGE
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
1970
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
75
Lot
13.35 ac
Current owner
From public records · entity-resolved
Green Meadows Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
575 RTE 70, BRICK, NJ 08723-4042
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2022
$6,000,000
Green Meadows Realty LLC
Progressive Green Meadows Re LLC
Limited Warranty Deed
—
Aug 17, 2004
$5,040,000
Green Meadows R E Progressive
Rothner,eric
Grant Deed
—
Aug 16, 2004
$5,040,000
Green Meadows R E Progressive
Rothner,eric
Warranty Deed
$9,800,000 · Home Savings & Loan Youngstown
Aug 16, 2004
—
Eric Rothner
J T Canton Property LLC
Quit Claim Deed
related
—
—
—
Progressive Green Meadows R & E
—
Deed Of Trust
related
$750,000 · S&t Bk
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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