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Property profile & analytics
OFF-MARKET
Estimated value
$10,595,000
Hotels
175 Hutchinson Ave Columbus, OH 43235-1413
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-2152965
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Total area
137,070 SF
Lot
8.48 ac (369,215 SF)
APN
610-198379
UPID
US66-2152965
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
-
DoubleTree by Hilton Hotel Columbus - Worthington Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.06M
Comparable Approach
Comparable
$6.42M
Blend (final)
Blend
$10.60M
Owner & transaction history
Columbus Worthington Hospitality Ll · 12 yrs held
Columbus Worthington Hospitality Ll
since 2013
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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
by Request
CAP Approach
CAP Return
Estimation
6%
$13,060,000
6.5%
$12,055,000
7%
$11,195,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$15,860,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$14,815,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$14,710,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$10.60M
Range $9.54M – $11.65M · ±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
$77 / 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
$737,778
Tax year 2023
Assessed value
$8,174,640
Assessed 2023
Previous assessed
$5,499,800
+48.6% YoY
Effective rate
9.03%
On assessed value
Assessed land
$723,660
Assessed improvement
$7,450,980
Land market value
$2,067,600
Improvement market value
$21,288,500
Total market value
$23,356,100
Applied tax rate
610.0000
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
1986
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
6
Total area
137,070 SF
Lot
8.48 ac (369,215 SF)
APN
610-198379
UPID
US66-2152965
Jurisdiction
FRANKLIN
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
$15.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.8M
RETAIL STORES
Est. value
$14.7M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1986
Heating
YES
Cooling
Yes
Stories
6
Buildings
2
Lot
8.48 ac
Current owner
From public records · entity-resolved
Columbus Worthington Hospitality Ll
Individual
Mailing address
255 SPG ST, SAYRE, PA 18840-1909
Ownership since
2013
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
Sep 12, 2013
$10,300,000
Columbus Worthington Hospitality Ll
Martin Management Services INC
Executors Deed
$7,725,000 · M & T Bank
May 22, 2013
$15,000
Department Of Transportation
Ch Realty IV Of Columbus Ptrs LP
Grant Deed
—
Aug 17, 2006
$11,220,000
Ch Realty IV/columbus Partners LP
West Whi Columbus Northwest Partner
Limited Warranty Deed
$15,900,000 · Merrill Lynch Capital
—
—
Columbus Worthington Hospitali
—
Loan Modification
related
$11,412,500 · M&t Bk
—
—
Columbus Worthington Hospitali
—
Deed Of Trust
related
$2,000,000 · M&t Bk
—
—
Columbus Worthington Hospitali
—
Deed Of Trust
related
$50,000 · M&t Bk
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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