311 Highland E Rd Macedonia, OH 44056-2103
Property profile & analytics
311 Highland E Rd, Macedonia, OH 44056-2103
- Motels
- 10,944 SF
- 2.27 lot acres
Property ID
US66-1677429
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.
Location Intelligence
Current Use by Public Records
- Key Inn Macedonia / Hotel & Motel
Property Details for 311 Highland E Rd
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 2.27 lot acres
- Property type
- Motels
- APN
- 33-03808
- APU
- 3303808
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 15, 2017 | $235,000 | Macedonia Hospitality LLC | Shahil LLC | Warranty Deed | $2M · Berkshire Bank |
| May 1, 2009 | — | Shahil LLC | Bhakta,sanjiv R | Warranty Deed | — |
| Nov 18, 2008 | $165,000 | Sanjiv R Bhakta | Motel 6 Operating | Grant Deed | — |
| Sep 28, 2007 | $2,736,158 | Motel 6 Operating | Nh Macedonia Trust | Grant Deed | — |
| Sep 28, 2007 | $7,587 | Nh Macedonia Trust | Nh6 Lr IV Ltd | Grant Deed | — |
| Jun 8, 1998 | $2,760,000 | Nh6 Lr IV Ltd | Motel 6 Operating LP | Grant Deed · related | $3.1M · First Union National Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $1,020,000
- 7%
- $945,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,042,000
Market price range: $138k - $1.04M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $910,000 Current use
- RESTAURANT
- $1,220,000 Change: +34% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,090,000 Change: +20% Conversion: Difficult
- MEDICAL BUILDING
- $1,025,000 Change: +13% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,025,000 Change: +12% Conversion: Difficult
- OFFICE BUILDING
- $850,000 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
- -81.5144
- Latitude
- 41.3005
- 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
$52,368
$119,060
$699,370
$818,430
-
$340,170
$1,998,200
$2,338,370
