Entity Owned Property summary
This exceptional 238-key Crowne Plaza hotel, situated at 7230 Engle Rd, Middleburg Heights, OH 44130, presents a compelling investment opportunity. Boasting 172,450 square feet across five floors in a single building, this fee-simple property sits on a 6.98-acre lot and benefits from a permitted MS zoning designation. Built in 1978 and extensively renovated in 2008, 2016, 2018, and 2023, the hotel offers modernized rooms and suites, upgraded amenities, and a strong operational performance. … Key features include an on-site restaurant and bar (Tavolo 72), a state-of-the-art fitness center, an indoor pool, and over 16,000 square feet of meeting and event space. Its strategic location less than 3 miles from Cleveland Hopkins International Airport and convenient access to Interstate 71 ensures high demand from business and leisure travelers. The property's proximity to major employers like NASA Glenn Research Center, University Hospitals Parma Medical Center, and General Motors Metal Fabrication Division further strengthens its market position. The hotel currently enjoys a 53% occupancy rate, generating a Net Operating Income (NOI) of $1,720,456 and an 11.87% cap rate. The asking price is $14,500,000, translating to $84.08 per square foot. This investment offers a blend of immediate returns and significant long-term growth potential, enhanced by its affiliation with the globally recognized Crowne Plaza brand and IHG's marketing and loyalty programs. The property's robust operational performance, diverse revenue streams, and experienced management team contribute to its financial stability. This is a 1031 exchange eligible property.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 152,588 SF
- Lot area
- 6.98 ac
- Year built
- 1975
- Stories
- 5
- APN
- 373-03-007
- Zoning
- MS
- Assessed value · 2023
- $3,062,500
- Annual tax · 2023
- $255,730
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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