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Property profile & analytics
OFF-MARKET
Motels
2600 London Groveport Rd Groveport, OH 43125-9414
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-1544007
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
WOOD
Total area
2,468 SF
Lot
6.29 ac (274,036 SF)
Zoning code
2600
APN
185-001556
UPID
US66-1544007
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nas 8 LLC · 8 yrs held
Nas 8 LLC
since 2018
7 recorded transactions
Zoning & alternative use
2600 · Groveport, OH
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 Groveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$26,476
Tax year 2023
Assessed value
$382,940
Assessed 2023
Previous assessed
$382,840
+0.0% YoY
Effective rate
6.91%
On assessed value
Assessed land
$134,160
Assessed improvement
$248,780
Land market value
$383,300
Improvement market value
$710,800
Total market value
$1,094,100
Applied tax rate
185.0000
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
1965
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
8
Stories
1
Total area
2,468 SF
Lot
6.29 ac (274,036 SF)
Zoning code
2600
APN
185-001556
UPID
US66-1544007
Jurisdiction
FRANKLIN
Zoning & alternative use
2600 · Groveport, OH
Zoning 2600 · permitted uses
2600 · Groveport, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groveport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
8
Lot
6.29 ac
Current owner
From public records · entity-resolved
Nas 8 LLC
Entity
Mailing address
PO BOX 340143, COLUMBUS, OH 43234-0143
Ownership since
2018
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
Feb 28, 2018
$875,000
Nas 8 LLC
P V Gold Ptshp
Warranty Deed
related
$1,000,000 · Homebanc
Jun 10, 2016
—
Pv Gold Ptshp
—
Deed
related
$2,500,800 · Heartland Bk
Feb 5, 2013
$63,470
Columbus Regional Arpt Authori
Pv Gold Ptshp
Warranty Deed
—
May 20, 2005
—
Chapan John Tr
Pv Gold Ptshp
Quit Claim Deed
related
—
Mar 20, 2002
$62,100
Makdrew Development Co Ltd
P V Gold Partnership
Grant Deed
—
Oct 2, 2001
$639,500
Pv Gold Partnership
Makdrew Development Co Ltd
Grant Deed
$711,556 · Heartland Bank
Jul 25, 1997
$681,000
Makdrew Dev Co Ltd
Lipfert,wilhelmina I
Grant Deed
$680,000 · Seller
—
—
Pv Gold Ptshp
—
Loan Modification
related
$2,500,800 · Heartland Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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