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Property profile & analytics
OFF-MARKET
Estimated value
$5,230,000
Hotels
25050-2505 Sperry Dr Westlake, OH 44145
Entity Owned
~
Est. High Equity
Property ID
US66-2281486
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
TYPE NOT SPECIFIED
Total area
65,481 SF
Lot
10.05 ac (437,778 SF)
Zoning code
IS
APN
213-08-018
UPID
US66-2281486
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
$5.06M
Comparable Approach
Comparable
$3.59M
Blend (final)
Blend
$5.23M
Owner & transaction history
Maruti Hotels Group INC
Maruti Hotels Group INC
since 2026
7 recorded transactions
Zoning & alternative use
IS · Westlake, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.2M
+0.9%
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 Westlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westlake 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%
$5,475,000
6.5%
$5,055,000
7%
$4,690,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,170,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,235,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$7,115,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,635,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,825,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.23M
Range $4.71M – $5.75M · ±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
$80 / 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
$273,132
Tax year 2023
Assessed value
$4,033,260
Assessed 2023
Previous assessed
$4,033,260
+0.0% YoY
Effective rate
6.77%
On assessed value
Assessed land
$1,220,100
Assessed improvement
$2,813,160
Land market value
$3,486,000
Improvement market value
$8,037,600
Total market value
$11,523,600
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
1998
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
4
Units
122
Total area
65,481 SF
Lot
10.05 ac (437,778 SF)
Zoning code
IS
APN
213-08-018
UPID
US66-2281486
Jurisdiction
CUYAHOGA
Zoning & alternative use
IS · Westlake, OH
Zoning IS · permitted uses
IS · Westlake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westlake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.2M
MEDICAL BUILDING
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$5.8M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1998
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
4
Units
122
Lot
10.05 ac
Current owner
From public records · entity-resolved
Maruti Hotels Group INC
Entity
Mailing address
2500 DALLAS PKWY, PLANO, TX 75093-4867
Ownership since
2026
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
Jan 15, 2026
—
Maruti Hotels Group INC
John Gaydos
Deed
$14,000,000 · Prestige Real Holding LLC
Sep 17, 2014
$24,214,013
Oh-16 Fo Cleveland Westlake Pr
Cip II Buckeye Hotel Landlord
Grant Deed
$110,000,000 · Jp Morgan Chase Bk
Jun 7, 2012
$13,376,842
Cip II Buckeye Hotel Landlord
Ozre Lodging II LLC
Grant Deed
$85,000,000 · Wells Fargo Bank
Jan 11, 2007
$400,000
Harborview Investments II Ltd
Westlake Ribs Ltd
Warranty Deed
$500,000 · Lorain National Bank
Apr 19, 2005
$13,402,170
Ozre Lodging II LLC
Jg Westlake Hotel Ltd
Grant Deed
$53,074,125 · Column Financial INC
Sep 14, 1998
—
Ohio State
Jg Westlake Hotel Ltd
Grant Deed
related
—
Aug 15, 1997
$1,100,000
Jg Westlake Hotel Ltd
Lakewood Manufacturing Co
Grant Deed
related
—
—
—
Harborview Investments II Ltd
—
Deed Of Trust
related
$429,197 · Lorain 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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