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Property profile & analytics
OFF-MARKET
Estimated value
$6,570,000
Hotels
36 Gay St 42 Columbus, OH 43215-3108
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1136638
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1927
Total area
150,042 SF
Lot
0.4 ac (17,598 SF)
APN
010-052294
UPID
US66-1136638
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
Current use
Occupant on record · Public records
-
Residence Inn Columbus Downtown Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
ATM Atm
-
Buckeye Bourbon House Bar & Pub
-
B. Loved Bridal Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.57M
Owner & transaction history
Concord Buckeye Hotel LLC · 6 yrs held
Concord Buckeye Hotel LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$44 / 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
$331,451
Tax year 2023
Assessed value
$4,329,930
Assessed 2023
Previous assessed
$4,331,270
0.0% YoY
Effective rate
7.65%
On assessed value
Assessed land
$458,540
Assessed improvement
$3,871,390
Land market value
$1,310,100
Improvement market value
$11,061,100
Total market value
$12,371,200
Applied tax rate
10.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1927
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
16
Total area
150,042 SF
Lot
0.4 ac (17,598 SF)
APN
010-052294
UPID
US66-1136638
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1927
Heating
YES
Cooling
Yes
Stories
16
Buildings
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Concord Buckeye Hotel LLC
Entity
Mailing address
11410 CMN OAKS DR, RALEIGH, NC 27614-7002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2019
—
Concord Buckeye Hotel LLC
—
Loan Modification
related
$14,650,000 · Western Alliance Bk
Jun 29, 2006
—
Columbus Ri LLC
—
Deed Of Trust
related
$13,550,000 · Compass Bk
Oct 29, 1998
—
Aid Society Columbus Legal
—
Grant Deed
related
$942,157 · Bank One NA
—
—
Columbus Ri LLC
—
Loan Modification
related
$12,220,957 · Breds Loan Capital IV LLC
—
—
Society Of Columbus
—
Deed Of Trust
related
$257,843 · Bank One NA
—
—
Buckeye Office Building LLC
—
Deed Of Trust
related
$5,000,000 · Grand Pacific Financing Corp
—
—
Columbus Ri LLC
—
Loan Modification
related
$12,550,000 · Capmark 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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