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Property profile & analytics
OFF-MARKET
Hospitals
796 Lovers Ln 800 Akron, OH 44306-1959
Individually Owned
12-yr Hold
Free & Clear
Property ID
US66-5365239
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1924
Total area
6,300 SF
Lot
0.13 ac (5,619 SF)
APN
67-58546
UPID
US66-5365239
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Upper Room Action Ministries · 12 yrs held
Upper Room Action Ministries
since 2013
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 Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$214
Tax year 2023
Assessed value
$6,390
Assessed 2023
Previous assessed
$6,390
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$6,390
Land market value
$18,260
Total market value
$18,260
Applied tax rate
67.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1924
Heating
NONE
Stories
2
Bathrooms
5
Total area
6,300 SF
Lot
0.13 ac (5,619 SF)
APN
67-58546
UPID
US66-5365239
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1924
Heating
NONE
Stories
2
Bathrooms
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
Upper Room Action Ministries
Individual
Free & Clear · 12 yrs held
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2013
—
Upper Room Action Ministries
Rodgers,donzella & Jimmie L
Quit Claim Deed
related
—
Apr 15, 2011
$8,500
Donzella Rodgers
East Akron Nbrhd Dev Corp
Grant Deed
$6,000 · East Akron Nbrhd Dev Corp
Jul 30, 2008
—
Washington Homes East LLC
Washington Homes East LLC
Quit Claim Deed
—
Dec 14, 2007
$8,000
Washington Homes East LLC
Sunrise Atlantic LLC
Quit Claim Deed
related
—
Mar 9, 2007
—
Sunrise Atlantic LLC
Sheriff Of Summit County
Trustees Deed
related
—
Sep 12, 2002
$65,750
Smith,tr
First National Acceptance Co
Grant Deed
$52,600 · National City Bank
Sep 12, 2002
$86,000
First National Acceptance Co
Kight,thomas
Trustees Deed
related
—
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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