Back to Search
Property profile & analytics
OFF-MARKET
Hotels
11320 Chester Rd Cincinnati, OH 45246-4003
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-2582561
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1963
Lot
9.61 ac (418,742 SF)
APN
608-0021-0092-00
UPID
US66-2582561
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
Current use
Occupant on record · Public records
-
IMS Barter - Cincinnati, OH Business To Business Service Business Development Service
-
Delta Hotels Marriott Cincinnati Hotel & Motel
-
Delta Hotels by Marriott Cincinnati Sharonville Conference Center Trade Show Venue
-
Indian Melange Clothing & Fashion Store
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
Oay Hospitality INC · 11 yrs held
Oay Hospitality INC
since 2015
6 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 Cincinnati submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cincinnati 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
$103,396
Tax year 2023
Assessed value
$3,014,700
Assessed 2023
Previous assessed
$3,014,700
+0.0% YoY
Effective rate
3.43%
On assessed value
Assessed land
$255,122
Assessed improvement
$2,759,578
Land market value
$728,920
Improvement market value
$7,884,510
Total market value
$8,613,430
Applied tax rate
175.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1963
Heating
YES
Lot
9.61 ac (418,742 SF)
APN
608-0021-0092-00
UPID
US66-2582561
Jurisdiction
HAMILTON
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
1963
Heating
YES
Lot
9.61 ac
Current owner
From public records · entity-resolved
Oay Hospitality INC
Entity
Free & Clear · 11 yrs held
Mailing address
11320 CHESTER RD, CINCINNATI, OH 45246-4003
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2015
—
Oay Hospitality INC
11320 Chester LLC
Quit Claim Deed
related
—
Apr 4, 2014
—
11320 Chester LLC
Durga LLC
Quit Claim Deed
related
—
May 16, 2011
$2,310,000
Durga LLC
Wph Cincinnati LLC
Grant Deed
—
May 30, 2008
—
Wph Cincinnati LLC
Wph Cincinnati LLC
Quit Claim Deed
—
Sep 7, 2001
$1,850,000
Chester Hospitality INC
Shanronville Hotel INC
Grant Deed
$1,900,000 · Community Trust Bank NA
—
—
Ldi Hospitality Corp
—
Deed Of Trust
related
$2,800,000 · Martin P Tierney
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11320 Chester Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.