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    Property profile & analytics

    1359 State Rte 38th SE London, OH 43140-8700

    • Hotels
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-5193015
    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

    • Hotels

    Property Details for 1359 State Rte 38th SE

    Property type
    Hotels
    Property subtype
    Motels
    APN
    31-03625.999
    APU
    3103625999

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.4525
    Latitude
    39.9161
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $405,000
      6,912 SF

      870 Us Hwy 42nd NE

      HOTEL/MOTEL • 6,912 SF
      870 Us Hwy 42nd NE, London, OH 43140-8513
      View Details
    • Value Estimation
      $325,000
      2,965 SF

      3180 Us Hwy 40th NW

      HOTEL/MOTEL • 2,965 SF
      3180 Us Hwy 40th NW, London, OH 43140-9227
      View Details
    • Value Estimation
      $1,295,000
      30,676 SF

      100 Holiday NE Trl

      HOTEL/MOTEL • 30,676 SF
      100 Holiday NE Trl, London, OH 43140-8561
      View Details
    • Value Estimation by Request
      25,000 SF

      Old Us Highway 42

      Motels • 25,000 SF
      0 Old Us Highway 42, London, OH 43140
      View Details
    • Value Estimation by Request

      2209 Grewell Rd

      Land
      2209 Grewell Rd, London, OH 43140
      View Details
    • Value Estimation by Request

      Park Ln

      Land
      0 Park Ln, London, OH 43140
      View Details

    Similar Nearby for Sale

    • $835,800
      23.89 Acres

      24-Acre Nature Lover's Compound

      24 acres perfect for Airbnb/VRBO with trails, creek, hunting.
      2209 Grewell Rd, London, OH 43140
      View Details
    • $279,900
      3.79 Acres

      Residential Land in London, OH

      3.79 acres of residential land with development potential.
      Olive St, London, OH 43140
      View Details
    • $950,000
      0.06 Acres

      London, OH Standalone Building

      Renovated building near I-70 & US 42, suitable for retail.
      1340 Us Rt 42, London, OH 43140
      View Details
    • $250,000

      Wooded London Land - $250K

      71,000+ sq ft Ohio land, secluded setting.
      4440 Deer Creek Ln, London, OH 43140
      View Details
    • $875,000
      7,372 SF

      Mixed-Use Property in London, OH

      Mixed-use property with retail and residential units in London, OH.
      50-52 S Main St, London, OH 43140
      View Details
    • Contact for pricing
      283,584 SF

      Distribution and Manufacturing Facility

      283,584 SF facility on 27.78 acres for sale.
      475 E High St, London, OH 43140
      View Details

    Similar Nearby for Lease

    • $499,900
      100 SF

      Office and Meeting Space

      Affordable office and meeting space for service-based businesses.
      6 E 2Nd St, London, OH 43140
      View Details
    • Contact for pricing
      3,200 SF

      Warehouse Space For Lease

      2,666 SF warehouse space available for lease.
      231-235 Lafayette St, London, OH 43140
      View Details
    • Contact for pricing
      106,958 SF

      London Plaza Retail Center

      High-traffic retail space available in London, OH
      224-232 Lafayette St, London, OH 43140
      View Details
    • Contact for pricing
      3,027 SF

      Warehouse and Retail Spaces Available

      Warehouse and retail spaces for lease in London, OH.
      235 Lafayette St, London, OH 43140
      View Details
    • $13 SF/Yr
      11,882 SF

      Eagleton Center Office Space Available

      Prime London, Ohio Office & Retail Space
      1072 Eagleton Blvd, London, OH 43140
      View Details
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    1359 State Rte 38th SE
    London, OH 43140-8700
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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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