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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Hotels
1701 Toll Gate Dr Maumee, OH 43537-1673
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-0189586
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Total area
63,620 SF
Lot
2.66 ac (115,723 SF)
Zoning code
16-C2
APN
36-21981
UPID
US66-0189586
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
-
Home2 Suites By Hilton Maumee Toledo Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$680k
Owner & transaction history
Forever Real Estate Holding · 10 yrs held
Forever Real Estate Holding
since 2015
7 recorded transactions
Zoning & alternative use
16-C2 · Maumee, OH
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 Maumee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maumee 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
by Request
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$830,000
Current use
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
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
$11 / 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
$193,434
Tax year 2023
Assessed value
$17,465
Assessed 2023
Previous assessed
$17,465
+0.0% YoY
Effective rate
1,107.55%
On assessed value
Assessed land
$17,465
Land market value
$49,900
Total market value
$49,900
Applied tax rate
36.0000
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
2017
Heating
NONE
Stories
4
Total area
63,620 SF
Lot
2.66 ac (115,723 SF)
Zoning code
16-C2
APN
36-21981
UPID
US66-0189586
Jurisdiction
LUCAS
Zoning & alternative use
16-C2 · Maumee, OH
Zoning 16-C2 · permitted uses
16-C2 · Maumee, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maumee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$830,000
HOTEL/MOTEL Current
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
2017
Heating
NONE
Stories
4
Lot
2.66 ac
Current owner
From public records · entity-resolved
Forever Real Estate Holding
Entity
Mailing address
1701 TOLL GATE DR, MAUMEE, OH 43537-1673
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Forever Real Estate Holding LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
Mar 10, 2021
—
Forever Real Estate Holding LLC
—
Deed
related
$5,165,579 · The Croghan Colonial Bank
Jan 16, 2018
—
Forever R & E Holding LLC
—
Deed
related
$3,303,000 · Growth Cap
Nov 20, 2017
—
Forever Re Holdings LLC
—
Deed
related
$500,000 · Avana S/t Fixed Income Fund Ll
Mar 3, 2017
—
Forever Real Estate Holding Ll
—
Deed
related
$5,000,000 · Private Individual
Nov 2, 2015
—
Forever Real Estate Holding
—
Trustees Deed
related
$3,293,408 · Avana S/t Fixed Income Fund
Sep 3, 2015
—
Forever Real Estate Holding
Jsk Of Maumee LLC
Quit Claim Deed
related
—
Dec 3, 2014
$1,000
Jsk Of Maumee LLC
Jairam,anup
Quit Claim Deed
related
—
Aug 21, 2009
$25,000
Anup Jairam
Desai,manoj
Quit Claim Deed
related
—
Jul 12, 2006
$157,500
Manoj Desai
Kenney,donald R
Warranty Deed
—
—
—
Forever Real Estate Hld LLC
—
Loan Modification
related
$293,408 · Avana S/t Fixed Income Fund
—
—
Forever Real Estate Holding Ll
—
Loan Modification
related
$5,000,000 · Private Individual
—
—
Forever R & E Holding LLC
—
Deed Of Trust
related
$3,303,000 · Growth Cap
—
—
Forever Re Holdings LLC
—
Loan Modification
related
$500,000 · Avana S/t Fixed Income Fund Ll
—
—
Forever Re Holdings LLC
—
Loan Modification
related
$500,000 · Avana S/t Fixed Income Fund Ll
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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