Property profile

2041 Schorrway Dr Lancaster, OH 43130

OFF-MARKET
Hotels
Property ID
US66-1492876
39,240 SF 1.87 ac lot Built 1999
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1999
Construction STEEL FRAME
Total area 39,240 SF
Lot 1.87 ac (81,457 SF)
APN 053-21995.00
UPID US66-1492876

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2041 Schorrway Dr Lancaster, OH 43130-8412
Lancaster metro Census 31500 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2015
4 recorded transactions
2015
$3.4M
2006
$3.2M
2005
Price N/A
1998
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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