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Property profile & analytics
OFF-MARKET
Estimated value
$3,660,000
Hotels
185 Montrose W Ave Copley, OH 44321-1371
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2211307
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Total area
42,993 SF
Lot
2.09 ac (91,040 SF)
APN
15-04913
UPID
US66-2211307
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
-
Extended Stay America - Akron - Copley - East Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$3.66M
Owner & transaction history
185 Montrose LLC · 2 yrs held
185 Montrose LLC
since 2024
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.7M
+31.2%
Restaurant
$4.6M
+27.6%
Auto repair, garage
$4.3M
+20.0%
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 Copley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Copley 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
$3,660,000
ML approach
$3,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,575,000
Current use
MEDICAL BUILDING
$4,690,000
Change: +31% · Conversion: Difficult
RESTAURANT
$4,560,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,290,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,020,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$3,460,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,925,000
Change: -18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,870,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.66M
Range $3.29M – $4.03M · ±10% · vs last sale $3.66M (Jan 29 2024)
Last sale anchor
$3.66M
Jan 29 2024
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
$85 / 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
$47,180
Tax year 2023
Assessed value
$646,970
Assessed 2023
Previous assessed
$646,970
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$228,480
Assessed improvement
$418,490
Land market value
$652,790
Improvement market value
$1,195,670
Total market value
$1,848,460
Applied tax rate
15.0000
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
1996
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
95
Total area
42,993 SF
Lot
2.09 ac (91,040 SF)
APN
15-04913
UPID
US66-2211307
Jurisdiction
SUMMIT
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
$3.6M
MEDICAL BUILDING
Est. value
$4.7M
RESTAURANT
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.9M
HOTEL/MOTEL Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
95
Lot
2.09 ac
Current owner
From public records · entity-resolved
185 Montrose LLC
Entity
Mailing address
185 MONTROSE W AVE, COPLEY, OH 44321-1371
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jan 29, 2024
$3,660,000
185 Montrose LLC
Sre Esa Propco Akron Copley East Ll
Limited Warranty Deed
$3,770,000 · Home Loan And Investment Bank Fsb
Nov 19, 2018
$1,650,000
Sre Esa Propco Akron Copley E
Esa P Portfolio L L C
Grant Deed
$26,400 · Keybank USA
Dec 6, 2012
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Jul 9, 2007
—
Esa Properties LLC
—
Deed Of Trust
related
—
Oct 7, 2005
—
Bre/esa P Portfolio LLC
Bre/esa Properties LLC
Limited Warranty Deed
$252,000,000 · Not Available
Jun 1, 2004
—
Bre/esa Properties LLC
Esa Ohio INC
Quit Claim Deed
related
$2,050,000,000 · Mers Trustee
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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