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Property profile & analytics
FOR SALE
Motels
3963 Westerville Rd Columbus, OH 43224
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-1394531
For Sale
1 / 2
$2,500,000
3963 Westerville Rd, Columbus, OH 43224
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1945
Construction
WOOD
Total area
1,674 SF
Lot
5.22 ac (227,296 SF)
Zoning code
3963
APN
190-002752
UPID
US66-1394531
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
-
Budget Inn North Hotel & Motel
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
P & S Shivam LLC · 12 yrs held
P & S Shivam LLC
since 2013
3 recorded transactions
Zoning & alternative use
3963 · Columbus, 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 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
—
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
$13,090
Tax year 2023
Assessed value
$126,000
Assessed 2023
Previous assessed
$100,630
+25.2% YoY
Effective rate
10.39%
On assessed value
Assessed land
$89,600
Assessed improvement
$36,400
Land market value
$256,000
Improvement market value
$104,000
Total market value
$360,000
Applied tax rate
190.0000
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
For Sale
Year built
1945
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Units
1
Rooms
6
Bathrooms
5
Total area
1,674 SF
Lot
5.22 ac (227,296 SF)
Zoning code
3963
APN
190-002752
UPID
US66-1394531
Jurisdiction
FRANKLIN
Zoning & alternative use
3963 · Columbus, OH
Zoning 3963 · permitted uses
3963 · Columbus, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Units
1
Rooms
6
Bathrooms
5
Lot
5.22 ac
Current owner
From public records · entity-resolved
P & S Shivam LLC
Entity
Free & Clear · 12 yrs held
Mailing address
3963 WESTERVILLE RD, COLUMBUS, OH 43224-1863
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2013
$169,000
P & S Shivam LLC
Davis,alane
Warranty Deed
—
Nov 6, 2007
$177,000
Alane Davis
Hapney,chester M
Quit Claim Deed
related
—
Nov 6, 2007
—
Portia Hapney
Hapney,chester M
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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