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    240 Highland E Rd Macedonia, OH 44056-2102
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    Property profile & analytics

    240 Highland E Rd, Macedonia, OH 44056-2102

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    • Motels
    • 12,500 SF
    • 2.89 lot acres
    Off-Market
    Property ID
    US66-1834153
    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.

    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Knights Inn Macedonia / Hotel & Motel

    Property Details for 240 Highland E Rd

    Year built
    1988
    Construction
    FRAME
    Lot size
    2.89 lot acres
    Property type
    Motels
    APN
    33-03738
    APU
    3303738

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 25, 2010 $1,260,000 J A Hotels LLC Kaival Corporation Warranty Deed $995k · First Western Sblc INC
    Nov 3, 2005 $168,100 Department Of Transportation Kaival Corp Warranty Deed —
    Mar 15, 2000 $1,650,000 Kaival Corp Macedonia Corp Grant Deed $960k · Firstmerit Bank NA
    — — J A Hotels LLC — Deed Of Trust · related $910k · Hometown Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,012,000
      Market price range: $685k - $1.71M
      AI Estimate
      $567,000
      Market price range: $157k - $1.19M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,040,000
      Current use
      MEDICAL BUILDING
      $1,170,000
      Change: +13% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,170,000
      Change: +12% Conversion: Difficult
      OFFICE BUILDING
      $970,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.5174
    Latitude
    41.2984
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN 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
    $17,198
    $136,700
    $135,690
    $272,390
    -
    $390,560
    $387,690
    $778,250
    More about this property
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