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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Hotels
3333 Dixie Dr, Moraine, OH 45439-2301
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-2481555
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1951
Construction
WOOD
Total area
11,024 SF
Lot
3.55 ac (154,551 SF)
APN
J44 28209 0003
UPID
US66-2481555
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
$1.23M
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$1.19M
Owner & transaction history
3131 Dixie Drive LLC · 3 yrs held
3131 Dixie Drive LLC
since 2023
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+54.6%
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 Moraine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moraine 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
$1,255,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,190,000
Current use
MEDICAL BUILDING
$1,840,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.53M (Jun 2 2023)
Last sale anchor
$1.53M
Jun 2 2023
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
$108 / 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
$20,262
Tax year 2023
Assessed value
$213,470
Assessed 2023
Previous assessed
$203,300
+5.0% YoY
Effective rate
9.49%
On assessed value
Assessed land
$45,130
Assessed improvement
$168,340
Land market value
$128,950
Improvement market value
$480,980
Total market value
$609,930
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/MOTEL
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
50
Total area
11,024 SF
Lot
3.55 ac (154,551 SF)
APN
J44 28209 0003
UPID
US66-2481555
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.8M
HOTEL/MOTEL Current
MEDICAL BUILDING
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
1951
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
50
Lot
3.55 ac
Current owner
From public records · entity-resolved
3131 Dixie Drive LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3110 KETTERING BLVD, MORAINE, OH 45439-1924
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
$1,525,000
3131 Dixie Drive LLC
Shivam LLC
Warranty Deed
—
Dec 22, 2015
$565,000
Shivam LLC
Balaji Investment Group
Warranty Deed
$490,000 · First Wstrn Sblc
Jan 6, 2010
$825,000
Balaji Investment Group
Mahendra M Patel
Warranty Deed
$485,000 · First Western Sblc INC
Apr 4, 2003
$82,000
Balaji Investment Group
Patel,mahendra M & Ramila M
Grant Deed
$90,000 · Mahendra M & Ramila M Patel
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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