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Property profile & analytics
OFF-MARKET
Estimated value
$2,745,000
Motels
12150 Springfield Pike Cincinnati, OH 45246-1607
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0074599
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Lot
2.38 ac (103,542 SF)
APN
599-0030-0384-00
UPID
US66-0074599
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
-
La Quinta Inn by Wyndham Cincinnati North Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
Five Star Imperial Hospitality LLC · 4 yrs held
Five Star Imperial Hospitality LLC
since 2021
Last sale
$2.9M
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
Method
Estimation
Statistic approach
$2,540,000
ML approach
$2,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.75M
Range $2.47M – $3.02M · ±10% · vs last sale $2.90M (Nov 9 2021)
Last sale anchor
$2.90M
Nov 9 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
—
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
$70,425
Tax year 2023
Assessed value
$1,015,000
Assessed 2023
Previous assessed
$1,085,000
-6.5% YoY
Effective rate
6.94%
On assessed value
Assessed land
$252,378
Assessed improvement
$762,622
Land market value
$721,080
Improvement market value
$2,178,920
Total market value
$2,900,000
Applied tax rate
178.0000
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
1984
Heating
NONE
Stories
1
Lot
2.38 ac (103,542 SF)
APN
599-0030-0384-00
UPID
US66-0074599
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
1984
Heating
NONE
Stories
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Five Star Imperial Hospitality LLC
Entity
Mailing address
12150 SPRINGFIELD PIKE, CINCINNATI, OH 45246-1607
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$2,900,000
Five Star Imperial Hospitality LLC
Ananta Hospitality LLC
Warranty Deed
$2,850,000 · Millennium Bank
Oct 31, 2019
$3,100,000
Ananta Hospitality LLC
Cplg Properties LLC
Grant Deed
$3,333,000 · Bank Of George
Jun 4, 2018
—
Cplg Properties LLC
—
Grant Deed
related
$1,035,000,000 · Jpmorgan Chase Bk NA
Jul 23, 2007
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
—
Feb 21, 2006
—
Bre Of Lq Properties LLC
Laquinta Properties INC
Grant Deed
—
Sep 16, 2004
$2,392,100
Laquinta Properties INC
Baymont Partners LLC
Warranty 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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