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    25200 Columbia Ct Bay Village, OH 44140
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    Property profile & analytics

    25200 Columbia Ct, Bay Village, OH 44140

    View on Map

    • Motels
    • 16,500 SF
    • 3.95 lot acres
    Off-Market
    Last Sale Sep 11, 2023
    $1,850,000
    Property ID
    US66-0975357
    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
    $1,830,000
    Show details
    Cap Rate Potential
    4.8%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 25200 Columbia Ct

    Year built
    1987
    Construction
    WOOD
    Lot size
    3.95 lot acres
    Zone code
    IS
    Property type
    Motels
    APN
    213-08-011
    APU
    21308011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 11, 2023 $1,850,000 Shiva Shakti Two LLC Cmt Hospitality LLC Warranty Deed $1.4M · Cmr Hospitality LLC
    Sep 14, 2018 $1,860,000 Cmr Hospitality LLC Lodging Industry INC Warranty Deed $1.3M · Lodging Industry INC
    Apr 1, 2003 $2,275,000 Lodging Industry INC Kenney,donald R Grant Deed $400k · Firstmerit Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,725,000
      ML approach
      $1,885,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,380,000
      6.5%
      $1,275,000
      7%
      $1,180,000
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,805,000
      Current use
      RESTAURANT
      $2,785,000
      Change: +54% Conversion: Difficult
      OFFICE BUILDING
      $2,670,000
      Change: +48% Conversion: Difficult
      MEDICAL BUILDING
      $1,795,000
      Change: -1% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,670,000
      Change: -7% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,470,000
      Change: -19% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Bay Village
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8993
    Latitude
    41.4746
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $53,413
    $415,560
    $354,450
    $770,010
    -
    $1,187,300
    $1,012,700
    $2,200,000
    More about this property
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