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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Motels
10255 Northfield Rd, Northfield, OH 44067-1418
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2186200
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Total area
8,185 SF
Lot
3.37 ac (146,797 SF)
APN
41-02096
UPID
US66-2186200
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
$510k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$610k
Owner & transaction history
Sla Motel LLC · 5 yrs held
Sla Motel LLC
since 2020
Last sale
$615,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$910,000
+34.0%
Auto repair, garage
$815,000
+19.6%
Medical building
$765,000
+12.6%
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 Northfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northfield 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
$500,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$680,000
Current use
RESTAURANT
$910,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$815,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$765,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$765,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $615k (Nov 10 2020)
Last sale anchor
$615k
Nov 10 2020
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
$75 / 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
$13,996
Tax year 2023
Assessed value
$217,690
Assessed 2023
Previous assessed
$217,690
+0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$112,050
Assessed improvement
$105,640
Land market value
$320,150
Improvement market value
$301,820
Total market value
$621,970
Applied tax rate
41.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1957
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
11
Total area
8,185 SF
Lot
3.37 ac (146,797 SF)
APN
41-02096
UPID
US66-2186200
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$680,000
RESTAURANT
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$815,000
MEDICAL BUILDING
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$765,000
OFFICE BUILDING
Est. value
$635,000
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1957
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
11
Lot
3.37 ac
Current owner
From public records · entity-resolved
Sla Motel LLC
Entity
Mailing address
10255 NORTHFIELD RD, NORTHFIELD, OH 44067-1418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
$615,000
Sla Motel LLC
Brs Motel LLC
Warranty Deed
$750,000 · Brs Motel LLC
Jul 29, 2020
—
Brs Motel LLC
Reema Corporation
Quit Claim Deed
related
—
Nov 7, 2018
$615,000
Brs Motel LLC
Reema Corp
Warranty Deed
$600,000 · Reema Corp
—
—
Reema Corp
—
Deed Of Trust
related
$245,000 · Firstmerit Bank NA
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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