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Property profile & analytics
OFF-MARKET
Estimated value
$5,555,000
Hotels
2100 Brice Rd Reynoldsburg, OH 43068-3446
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1949004
Property summary
AI-generated overview
This exceptional investment opportunity presents a 152-key Days Inn located at 2100 Brice Rd, Reynoldsburg, OH 43068. Boasting 60,000 square feet on a 7.86-acre lot, this two-story, concrete block hotel features interior corridors and underwent a complete renovation in 2021. The property includes 200 parking spaces, an outdoor pool, banquet hall, and a restaurant ready for lease. Individual room PTAC units provide climate control. The roof is a combination of pitched shingle and flat rubber. Built in 1972, this stabilized investment offers significant upside potential. The asking price is $5,950,000, translating to $99.17 per square foot and $39,144.74 per key. With a current occupancy rate of 60.4% (as of March 31, 2024), the property generated $2,146,807 in revenue. The property is zoned commercial and sits on a fee simple ownership with APN #060-001777-00 (Franklin County). This Days Inn presents a compelling opportunity for investors seeking a strong return in a desirable location. The property's amenities, recent renovation, and established revenue stream make it an attractive addition to any portfolio.
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1972
Total area
76,294 SF
Lot
7.86 ac (342,556 SF)
APN
060-001777
UPID
US66-1949004
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
-
Days Inn by Wyndham Columbus East Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.68M
CAP Approach
CAP
$7.11M
Comparable Approach
Comparable
$6.61M
Blend (final)
Blend
$5.56M
Owner & transaction history
Sleep Heaven LLC · 1 yrs held
Sleep Heaven LLC
since 2025
Last sale
$5.5M
6 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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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
$5,635,000
ML approach
$5,680,000
CAP Approach
CAP Return
Estimation
6%
$7,700,000
6.5%
$7,110,000
7%
$6,600,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,000,000
Current use
OFFICE BUILDING
$8,155,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$5.56M
Range $5.00M – $6.11M · ±10% · vs last sale $5.45M (Feb 11 2025)
Last sale anchor
$5.45M
Feb 11 2025
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
$73 / 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
$136,945
Tax year 2023
Assessed value
$1,739,330
Assessed 2023
Previous assessed
$1,739,330
+0.0% YoY
Effective rate
7.87%
On assessed value
Assessed land
$545,230
Assessed improvement
$1,194,100
Land market value
$1,557,800
Improvement market value
$3,411,700
Total market value
$4,969,500
Applied tax rate
60.0000
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
1972
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
76,294 SF
Lot
7.86 ac (342,556 SF)
APN
060-001777
UPID
US66-1949004
Jurisdiction
FRANKLIN
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
$9.0M
OFFICE BUILDING
Est. value
$8.2M
HOTEL/MOTEL Current
OFFICE BUILDING
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
1972
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
7.86 ac
Current owner
From public records · entity-resolved
Sleep Heaven LLC
Entity
Mailing address
2100 BRICE RD, REYNOLDSBURG, OH 43068-3446
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
$5,450,000
Sleep Heaven LLC
First Hotel Management LLC
Deed
$5,000,000 · Centerstone Sba Lending INC
Nov 2, 2017
$1,700,000
First Hotel Management LLC
Brice Hotel INC
Grant Deed
$2,500,000 · Brice Hotel INC
Mar 26, 2015
$1,500,000
Brice Hotel INC
Mgh Hospitality Ltd
Quit Claim Deed
related
—
Jul 7, 2009
$2,630,000
Mgh Hospitality Ltd
Brice Hotel INC
Warranty Deed
$3,400,000 · Brice Hotel INC
—
—
Brice Hotel INC
—
Deed Of Trust
related
$400,000 · Park National Bank
—
—
Brice Hotel INC
—
Deed Of Trust
related
$2,000,000 · Park National 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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