Financial
Distress signals
Property profile

2905 Milan Rd Sandusky, OH 44870

OFF-MARKET
Motels
Property ID
US66-3558028
8,516 SF 1.6 ac lot Built 1960
Last sale Feb 2022 · $620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 36,600 square foot, 112-key hotel in Sandusky, Ohio, presents a compelling investment opportunity. Built in 1960, the two-story property features both interior and exterior corridors. Its convenient location, just 10 minutes from Cedar Point amusement park, provides access to a large tourist base drawn to the "Roller Coaster Capital of the World." Sandusky offers diverse attractions beyond Cedar Point, including Lake Erie's waterfront, boating, fishing, and beaches, further enhancing the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$52k
Assessed land$22k
Assessed improvement$30k
Effective rate5.93%

Value estimate

· Sep 2026
$345k
$311k – $380k
CAP approach$885k
Sales comparison$821k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$260/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$96 – $368

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand index
Garden Center8.1
Hotel & Motel5.2

Location

2905 Milan Rd Sandusky, OH 44870-5608
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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