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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Hotels
19 Main St Akron, OH 44308
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-1164645
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1924
Total area
52,506 SF
Lot
0.19 ac (8,102 SF)
APN
68-52518
UPID
US66-1164645
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.30M
Blend (final)
Blend
$3.65M
Owner & transaction history
Historic United Building LLC · 9 yrs held
Historic United Building LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.7M
+31.2%
Restaurant
$5.6M
+27.6%
Auto repair, garage
$5.2M
+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 Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,365,000
Current use
MEDICAL BUILDING
$5,725,000
Change: +31% · Conversion: Difficult
RESTAURANT
$5,570,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,235,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,910,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$4,225,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,575,000
Change: -18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,505,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±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
$69 / 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
$138,212
Tax year 2023
Assessed value
$1,606,500
Assessed 2023
Previous assessed
$1,606,500
+0.0% YoY
Effective rate
8.60%
On assessed value
Assessed land
$18,400
Assessed improvement
$1,588,100
Land market value
$52,560
Improvement market value
$4,537,440
Total market value
$4,590,000
Applied tax rate
68.0000
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
1924
Heating
FORCED AIR
Cooling
CENTRAL
Stories
8
Bathrooms
9
Total area
52,506 SF
Lot
0.19 ac (8,102 SF)
APN
68-52518
UPID
US66-1164645
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
$4.4M
MEDICAL BUILDING
Est. value
$5.7M
RESTAURANT
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.5M
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
1924
Heating
FORCED AIR
Cooling
Yes
Stories
8
Bathrooms
9
Lot
0.19 ac
Current owner
From public records · entity-resolved
Historic United Building LLC
Entity
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
Historic United Building LLC
—
Deed
related
$725,000 · The Farmers National Bank Of Canfield
Mar 16, 2018
—
Historic United Building LLC
—
Deed
related
$1,280,000 · Western Reserve Df Affiliate X
Jun 1, 2017
—
Historic United Building LLC
United 1 Ltd
Warranty Deed
$6,125,000 · The Cortland Savings & Banking Co
Mar 5, 2012
—
United 1 Ltd
—
Deed Of Trust
related
$1,577,658 · Huntington National Bank
Apr 15, 1998
$212,500
United 1 Ltd
Brennan,david L & Richard M
Grant Deed
—
—
—
Historic United Building LLC
—
Deed Of Trust
related
$1,280,000 · Western Reserve Df Affiliate X
—
—
Historic United Building LLC
—
Deed Of Trust
related
$720,000 · Village Cap
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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