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Property profile & analytics
OFF-MARKET
Estimated value
$5,385,000
Hotels
1860 Austinburg Rd Austinburg, OH 44010-9762
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-1372352
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1963
Construction
WOOD
Total area
62,376 SF
Lot
5.93 ac (258,137 SF)
APN
48-026-00-003-00
UPID
US66-1372352
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
-
Red Roof Inn Ashtabula - Austinburg Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.81M
Comparable Approach
Comparable
$4.96M
Blend (final)
Blend
$5.39M
Owner & transaction history
American Business Ventures USA LP · 7 yrs held
American Business Ventures USA LP
since 2018
3 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 Austinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austinburg 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%
$6,295,000
6.5%
$5,810,000
7%
$5,395,000
Blend value · Realmo final
$5.39M
Range $4.85M – $5.92M · ±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
$86 / 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
$47,468
Tax year 2023
Assessed value
$664,340
Assessed 2023
Previous assessed
$664,340
+0.0% YoY
Effective rate
7.15%
On assessed value
Assessed land
$176,300
Assessed improvement
$488,040
Land market value
$503,700
Improvement market value
$1,394,400
Total market value
$1,898,100
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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/MOTEL
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
SPACE
Cooling
WINDOW A/C
Stories
2
Total area
62,376 SF
Lot
5.93 ac (258,137 SF)
APN
48-026-00-003-00
UPID
US66-1372352
Jurisdiction
ASHTABULA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
2
Lot
5.93 ac
Current owner
From public records · entity-resolved
American Business Ventures USA LP
Entity
Mailing address
15 KINGFISHER LN, STOCKTON, NJ 08559
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2025
—
American Business Ventures USA Np
—
Deed
related
$2,750,000 · Gbank
Nov 15, 2018
$1,895,000
American Business Ventures USA LP
Rajens C M INC
Warranty Deed
$1,854,200 · Five Points Bank Of Hastings
Oct 6, 2006
$1,961,000
Rajens Cm INC
Brighton Manor Co INC
Grant Deed
$1,255,000 · Andover Bank
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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