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Property profile & analytics
OFF-MARKET
Estimated value
$5,230,000
Hotels
4041 Hamilton Sq Blvd Groveport, OH 43125-9119
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1264077
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Total area
43,166 SF
Lot
2.72 ac (118,396 SF)
APN
010-215427
UPID
US66-1264077
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
-
Harvest Church Church
-
Holiday Inn Express & Suites Columbus SE - Groveport, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.36M
CAP Approach
CAP
$4.02M
Comparable Approach
Comparable
$6.05M
Blend (final)
Blend
$5.23M
Owner & transaction history
Hs Hospitality LLC · 4 yrs held
Hs Hospitality LLC
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.1M
+39.7%
Neighborhood: shopping center
$7.1M
+39.0%
Medical building
$6.5M
+27.5%
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 Groveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveport 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
$5,340,000
ML approach
$5,355,000
CAP Approach
CAP Return
Estimation
6%
$4,355,000
6.5%
$4,020,000
7%
$3,735,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,095,000
Current use
AUTO REPAIR, GARAGE
$7,115,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,080,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$6,495,000
Change: +27% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,255,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$5,935,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$5,395,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$5.23M
Range $4.71M – $5.75M · ±10% · vs last sale $5.11M (Mar 17 2022)
Last sale anchor
$5.11M
Mar 17 2022
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
$121 / 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
$152,225
Tax year 2023
Assessed value
$2,083,900
Assessed 2023
Previous assessed
$1,732,680
+20.3% YoY
Effective rate
7.30%
On assessed value
Assessed land
$269,360
Assessed improvement
$1,814,540
Land market value
$769,600
Improvement market value
$5,184,400
Total market value
$5,954,000
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
2001
Heating
YES
Cooling
AC.PACKAGE
Buildings
1
Stories
3
Total area
43,166 SF
Lot
2.72 ac (118,396 SF)
APN
010-215427
UPID
US66-1264077
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
MEDICAL BUILDING
Est. value
$6.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.4M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
2001
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
2.72 ac
Current owner
From public records · entity-resolved
Hs Hospitality LLC
Entity
Mailing address
13931 WHISPERING CT, PICKERINGTON, OH 43147-7713
Ownership since
2022
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
Jun 17, 2022
—
Hs Hospitality LLC
—
Deed
related
$4,567,500 · The Peoples Bank Co
Mar 17, 2022
$5,112,500
Hs Hospitality LLC
Oak Hill Hotels LLC
Receivers Deed
$457,500 · The Peoples Bank Co
Jun 20, 2014
$3,110,000
Oak Hill Hotels LLC
Jai Guru II INC
Trustees Deed
$9,481,500 · German Am Cap
Oct 19, 2007
$3,500,000
Jai Guru II INC
Groveport Hotel Associates LLC
Limited Warranty Deed
$4,088,177 · Peoples Bank NA
Mar 7, 2001
—
Groveport Hotel Associates LLC
—
Deed Of Trust
related
$3,520,000 · Citizens Banking Co
Dec 1, 2000
$575,000
Groveport Hotel Associates
M Five LP
Grant Deed
—
—
—
Groveport Hotel Associates LLC
—
Deed Of Trust
related
$480,000 · Citizens Banking Co
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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