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    Property profile & analytics

    1945 Southgate Pkwy Cambridge, OH 43725

    • Hotels
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Last Sale
    Sep 01, 2021
    $1,081,500
    Location Intelligence
    Property ID
    US66-5172538
    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

    • Quality Inn / Hotel

    Property Details for 1945 Southgate Pkwy

    Property type
    Hotels
    APN
    06-0009020.000
    APU
    60009020000

    Description

    This 95-key Quality Inn in Cambridge, Ohio, presents a compelling investment opportunity. Built in 1973, this two-story, exterior-corridor hotel is situated on a 9.8-acre lot with frontage on Southgate Parkway (22,125 vehicles per day) and Interstate-70 (41,598 vehicles per day). The property boasts consistently high occupancy rates, achieving penetration indices of 92% and 122% in 2022 and 2023, respectively. While occupancy is strong, the Average Daily Rate (ADR) presents an opportunity for increased revenue. Indices of 82% and 79% in 2022 and 2023, respectively, indicate potential for growth through strategic rate management. The hotel benefits from diverse demand generators, including tourism, medical, higher education, and commercial activity. A partial property improvement plan (PIP) has already been completed, including the payoff of solar panels, reducing utility costs. The property includes banquet/meeting space, offering an additional revenue stream. Offered at $2,500,000 ($26,000 per key), this fee-simple interest property is unencumbered by debt or third-party management. A hands-on operator can leverage the existing strong occupancy and implement strategies to significantly increase ADR and overall profitability.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,020,000
      6.5%
      $1,110,000
      7%
      $1,050,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,175,000
      Geo Method
      $1,170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,130,000
      Retail
      $1,120,000
      Mixed-Use
      $1,130,000
      Hospitality
      $1,020,000
      Educational
      $940,000
      Residential Income
      $1,190,000
      Energy
      $965,000
      Income-Based Land
      $1,050,000
      Food Service
      $1,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Guernsey
    State
    Ohio
    Longitude
    -81.5744
    Latitude
    40.0057
    CBSA code
    15740
    CBSA name
    CAMBRIDGE, 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
    $46,214
    $132,125
    $610,166
    $742,291
    -
    $377,500
    $1,743,332
    $2,120,832

    Comparable in this City

    • Value Estimation
      $3,010,000
      12,985 SF

      8775 Georgetown Rd

      HOTEL • 12,985 SF
      8775 Georgetown Rd, Cambridge, OH 43725-8589
      View Details
    • Value Estimation
      $5,385,000
      13,822 SF

      8700 Dozer Rd

      HOTEL • 13,822 SF
      8700 Dozer Rd, Cambridge, OH 43725-7504
      View Details
    • Value Estimation
      $1,325,000
      10,338 SF

      2248 Southgate Pkwy

      HOTEL • 10,338 SF
      2248 Southgate Pkwy, Cambridge, OH 43725-3038
      View Details
    • Value Estimation by Request
      20.00 Acres

      61595 Southgate Pkwy

      Hotels • 20.00 Acres
      61595 Southgate Pkwy, Cambridge, OH 43725
      View Details
    • Value Estimation
      $2,065,000
      11,358 SF

      8779 Georgetown Rd

      HOTEL • 11,358 SF
      8779 Georgetown Rd, Cambridge, OH 43725-8589
      View Details
    • Value Estimation
      $2,555,000
      11,624 SF

      2307 Southgate Pkwy

      HOTEL • 11,624 SF
      2307 Southgate Pkwy, Cambridge, OH 43725-3035
      View Details

    Similar Nearby for Sale

    • $2,200,000
      36,318 SF

      Quality Inn: Cambridge, OH

      95-room hotel, high occupancy, investment opportunity.
      1945 Southgate Pkwy, Cambridge, OH 43725
      View Details
    • $249,900
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      High-Traffic Commercial Opportunity

      Cleared, level lot ideal for retail, food service, or lodging.
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    • $547,000
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      Prime Office Space, High Visibility, Two Parcels
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    • $299,900
      0.09 Acres

      114 Southgate Rd, Cambridge, OH 43725

      Mixed-use properties • 0.09 Acres
      114 Southgate Rd, Cambridge, OH 43725
      View Details
    • $47,000
      7.76 Acres

      Commercially Zoned Land Near I-77

      7+ acre commercial land parcel minutes from Interstate 77.
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      Prime Commercial Land Opportunity

      11+ acres of high-visibility commercial land near I-70.
      61172 Southgate Rd, Cambridge, OH 43725
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
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      Cambridge Warehouse: 19,600 SF

      Single-tenant industrial warehouse. Ideal distribution space.
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      View Details
    • $20 SF/Yr
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    • $16 SF/Yr
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      Retail Space in Cambridge, OH

      Retail space available in a shopping center anchored by Tractor Supply.
      2101-2163 Southgate Pkwy, Cambridge, OH 43725
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Walmart Shadow

      Retail space available in a Walmart shadow center.
      61205-61279 Southgate Rd, Cambridge, OH 43725
      View Details
    • $18 SF/Yr
      247,944 SF

      Retail Space in High-Traffic Location

      Commercial retail space in a high-traffic, high-visibility location.
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      View Details
    • $960 /Mo
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      Cambridge Office Space For Lease

      Office space available in Cambridge with utilities included.
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      View Details
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    Cambridge, OH 43725
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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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