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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Motels
2330 Westbelt Dr Columbus, OH 43228-3822
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-1914609
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1993
Construction
WOOD
Total area
9,240 SF
Lot
0.62 ac (26,964 SF)
APN
560-210799
UPID
US66-1914609
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
-
Royal Inn Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Yym Hospitality LLC · 9 yrs held
Yym Hospitality LLC
since 2016
7 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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$62 / 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
$17,269
Tax year 2023
Assessed value
$238,290
Assessed 2023
Previous assessed
$235,210
+1.3% YoY
Effective rate
7.25%
On assessed value
Assessed land
$42,460
Assessed improvement
$195,830
Land market value
$121,300
Improvement market value
$559,500
Total market value
$680,800
Applied tax rate
560.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,240 SF
Lot
0.62 ac (26,964 SF)
APN
560-210799
UPID
US66-1914609
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
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Yym Hospitality LLC
Entity
Mailing address
2330 WESTBELT DR, COLUMBUS, OH 43228-3822
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2016
$600,000
Yym Hospitality LLC
Jai Hotels LLC
Warranty Deed
$393,750 · The Ohio Valley Bank Company
May 25, 2016
—
Jai Hotels LLC
—
Deed
related
$200,000 · Amratlal R & Manuben A Patel
Jun 3, 2005
—
Jai Hotels LLC
Patel,kishor J & Durga K
Warranty Deed
$385,000 · First Community Bank
Jan 13, 1998
$350,000
Kishor J Patel
Patel,bhupendra B & Maniben B
Grant Deed
related
$200,000 · First National Bank Zanesville
—
—
Jai Hotels LLC
—
Deed Of Trust
related
$332,000 · First Cmnty Bk
—
—
Jai Hotels LLC
—
Deed Of Trust
related
$51,250 · First Community Bank
—
—
Kishor J Patel
—
Deed Of Trust
related
$450,000 · Firstar Bank
—
—
Jai Hotels LLC
—
Deed Of Trust
related
$200,000 · Amratlal R & Manuben A Patel
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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