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Property profile & analytics
OFF-MARKET
Estimated value
$6,380,000
Hotels
208-210 Springside Dr Akron, OH 44333
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-2717993
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2014
Total area
93,085 SF
Lot
5.55 ac (241,584 SF)
APN
05-00777
UPID
US66-2717993
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
$7.92M
Blend (final)
Blend
$6.38M
Owner & transaction history
Hw Of Akron Jv LLC · 13 yrs held
Hw Of Akron Jv LLC
since 2013
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.2M
+31.2%
Restaurant
$9.9M
+27.6%
Auto repair, garage
$9.3M
+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 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
$7,740,000
Current use
MEDICAL BUILDING
$10,150,000
Change: +31% · Conversion: Difficult
RESTAURANT
$9,875,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,285,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$8,925,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,700,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,335,000
Change: -18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,215,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$6.38M
Range $5.74M – $7.02M · ±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
$365,350
Tax year 2023
Assessed value
$5,348,110
Assessed 2023
Previous assessed
$5,348,110
+0.0% YoY
Effective rate
6.83%
On assessed value
Assessed land
$611,450
Assessed improvement
$4,736,660
Land market value
$1,746,990
Improvement market value
$13,533,300
Total market value
$15,280,290
Applied tax rate
5.0000
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
2014
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
4
Units
1
Total area
93,085 SF
Lot
5.55 ac (241,584 SF)
APN
05-00777
UPID
US66-2717993
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
$7.7M
MEDICAL BUILDING
Est. value
$10.2M
RESTAURANT
Est. value
$9.9M
AUTO REPAIR, GARAGE
Est. value
$9.3M
OFFICE BUILDING
Est. value
$8.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$6.2M
HOTEL/MOTEL Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
2
Units
1
Lot
5.55 ac
Current owner
From public records · entity-resolved
Hw Of Akron Jv LLC
Entity
Free & Clear · 13 yrs held
Mailing address
210 SPRINGSIDE DR, AKRON, OH 44333-2433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2013
$1,100,000
Hw Of Akron Jv LLC
Dressler Properties INC
Warranty Deed
—
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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