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    Property profile & analytics

    1831 Austinburg Rd Austinburg, OH 44010-9762

    • Hotels
    • 44,925 SF
    • 2.60 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Location Intelligence
    Property ID
    US66-1994180
    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

    • Holiday Inn Express & Suites Ashtabula-Geneva, an IHG Hotel / Hotel / Conference Center

    Property Details for 1831 Austinburg Rd

    Year built
    2000
    Construction
    WOOD
    Lot size
    2.60 lot acres
    Property size
    44,925 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    48-026-00-007-01
    APU
    480260000701

    Description

    This exceptional 77-room Holiday Inn Express & Suites hotel, built in 2000, presents a compelling investment opportunity. Located in Austinburg, Ohio, at 1831 Austinburg Rd (zip code 44010), this property boasts a prime location just off I-90, offering easy access to major businesses and attractions. The 44,925 square foot hotel sits on a 2.312-acre lot and is priced at $8,700,000, translating to $193.66 per square foot. The hotel features 77 guest rooms, including 21 suites, catering to a diverse range of travelers. Its strategic location near Cristal Global, Molded Fiber Glass, General Aluminum, Norfolk Southern, and King Luminaire makes it attractive for business travelers. Leisure travelers are also well-served by its proximity to Ohio Wine Country, Grand River Valley, Lake Erie's coast (Geneva-on-the-Lake), and the Spire Olympic Training Center. This fully operational hotel offers a strong track record and significant potential for future growth. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, high-performing hotel in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $985,000
      6.5%
      $1,005,000
      7%
      $1,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $930,000
      Geo Method
      $1,115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $885,000
      Mixed-Use
      $1,115,000
      Hospitality
      $950,000
      Educational
      $1,015,000
      Residential Income
      $940,000
      Energy
      $870,000
      Income-Based Land
      $1,070,000
      Food Service
      $1,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Austinburg
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.8539
    Latitude
    41.7905
    CBSA code
    11780
    CBSA name
    ASHTABULA, OH MICROPOLITAN 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
    $68,593
    $121,380
    $838,670
    $960,050
    -
    $346,800
    $2,396,200
    $2,743,000

    Comparable in this City

    • Value Estimation
      $2,815,000
      32,550 SF

      9350 Ctr Rd

      HOTEL/MOTEL • 32,550 SF
      9350 Ctr Rd, Austinburg, OH 44010-8200
      View Details
    • Value Estimation
      $1,090,000
      62,376 SF

      1860 Austinburg Rd

      HOTEL/MOTEL • 62,376 SF
      1860 Austinburg Rd, Austinburg, OH 44010-9762
      View Details
    • Value Estimation
      $865,000
      49,314 SF

      2782 Sidley Ct

      HOTEL/MOTEL • 49,314 SF
      2782 Sidley Ct, Austinburg, OH 44010-9806
      View Details
    • Value Estimation
      $685,000
      40,782 SF

      2900 Gh Dr

      HOTEL/MOTEL • 40,782 SF
      2900 Gh Dr, Austinburg, OH 44010-9793
      View Details
    • Value Estimation
      $510,000
      21,676 SF

      2352 State Rte 45

      HOTEL/MOTEL • 21,676 SF
      2352 State Rte 45, Austinburg, OH 44010-9774
      View Details
    • Value Estimation by Request
      0.51 Acres

      Austinburg Rd

      MOTEL • 0.51 Acres
      Austinburg Rd, Austinburg, OH 44010
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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    • Contact for pricing
      139.00 Acres

      Center Road (SR 45)

      Land • 139.00 Acres
      SR 45 Center Rd, Austinburg, OH 44010
      View Details
    • $999,000
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      Restaurant and Wedding Venue Auction

      Established restaurant and wedding venue on 9.99 acres for sale.
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    • $350,000
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      Commercial Land Outparcels Available

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      View Details
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    Austinburg, OH 44010-9762
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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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