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    Frst Dr New Albany, OH 43054

    • Assisted living facilities
    • 83,707 SF
    • 8.45 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 20, 2023
    $16,282,586
    Location Intelligence
    Property ID
    US66-5330670
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for Frst Dr

    Year built
    2019
    Construction
    WOOD
    Lot size
    8.45 lot acres
    Property size
    83,707 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    222-004964
    APU
    222004964

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7898
    Latitude
    40.0886
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $343,024
    $1,133,440
    $3,132,190
    $4,265,630
    -
    $3,238,400
    $8,949,100
    $12,187,500

    Comparable in this City

    • Value Estimation by Request
      65,019 SF

      4588 Wesley Woods Blvd

      HOMES (RETIRED, NURSING) • 65,019 SF
      4588 Wesley Woods Blvd, New Albany, OH 43054-7674
      View Details
    • Value Estimation by Request
      103,890 SF

      227 Main St

      HOMES (RETIRED, NURSING) • 103,890 SF
      227 Main St, New Albany, OH 43054-9053
      View Details
    • Value Estimation
      $585,000
      11,530 SF

      5770 Hamilton Rd

      MEDICAL BUILDING • 11,530 SF
      5770 Hamilton Rd, New Albany, OH 43054
      View Details
    • Value Estimation by Request
      54,526 SF

      150 Main St

      MEDICAL BUILDING • 54,526 SF
      150 Main St, New Albany, OH 43054-9229
      View Details
    • Value Estimation by Request
      17,840 SF

      153 Main St

      MEDICAL BUILDING • 17,840 SF
      153 Main St, New Albany, OH 43054-9224
      View Details
    • Value Estimation by Request
      59,940 SF

      5040 Frst Dr

      MEDICAL BUILDING • 59,940 SF
      5040 Frst Dr, New Albany, OH 43054-8167
      View Details

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    Frst Dr
    New Albany, OH 43054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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