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Property profile & analytics
OFF-MARKET
Estimated value
$10,485,000
Assisted living facilities
8875 Grn Mdws Dr Lewis Center, OH 43035
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0122882
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2016
Total area
102,204 SF
Lot
11.44 ac (498,196 SF)
APN
318-313-04-013-003
UPID
US66-0122882
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
$7.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.49M
Owner & transaction history
Lake Lewis Center LLC · 4 yrs held
Lake Lewis Center LLC
since 2021
Last sale
$11.8M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.3M
+1,022.6%
Office building
$9.2M
+625.8%
Restaurant
$9.2M
+620.0%
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 Lewis Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewis Center 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
$10,340,000
ML approach
$7,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,295,000
Change: +1,023% · Conversion: Difficult
OFFICE BUILDING
$9,245,000
Change: +626% · Conversion: Difficult
RESTAURANT
$9,170,000
Change: +620% · Conversion: Difficult
MEDICAL BUILDING
$8,620,000
Change: +577% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,995,000
Change: +528% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,955,000
Change: +525% · Conversion: Difficult
RETAIL STORES
$7,930,000
Change: +523% · Conversion: Difficult
Blend value · Realmo final
$10.49M
Range $9.44M – $11.53M · ±10% · vs last sale $11.84M (Sep 16 2021)
Last sale anchor
$11.84M
Sep 16 2021
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
$103 / 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
$342,166
Tax year 2023
Assessed value
$4,431,180
Assessed 2023
Previous assessed
$4,026,160
+10.1% YoY
Effective rate
7.72%
On assessed value
Assessed land
$1,298,360
Assessed improvement
$3,132,820
Land market value
$3,709,600
Improvement market value
$8,950,900
Total market value
$12,660,500
Applied tax rate
27.0000
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
2016
Heating
YES
Cooling
YES
Stories
3
Units
106
Total area
102,204 SF
Lot
11.44 ac (498,196 SF)
APN
318-313-04-013-003
UPID
US66-0122882
Jurisdiction
DELAWARE
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
COMMERCIAL (GENERAL)
Est. value
$14.3M
OFFICE BUILDING
Est. value
$9.2M
RESTAURANT
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$8.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.0M
RETAIL STORES
Est. value
$7.9M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2016
Heating
YES
Cooling
Yes
Stories
3
Units
106
Lot
11.44 ac
Current owner
From public records · entity-resolved
Lake Lewis Center LLC
Entity
Mailing address
8875 GRN MDWS DR, LEWIS CENTER, OH 43035
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2021
$11,839,800
Lake Lewis Center LLC
F&m Lewis Enter Re LLC
Limited Warranty Deed
$78,000,000 · Column Financial INC
Sep 16, 2021
—
Lake Lewis Center Trs LLC
Lake Lewis Center LLC
Lease
—
Dec 18, 2014
$3,250,000
F & M Center Re LLC
401 East Powell Road LLC
Grant 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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