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Property profile & analytics
OFF-MARKET
Motels

56721 Fry Lndg Rd Shadyside, OH 43947-9781

4,712 SF 1.45 ac lot Built 1963
Individually Owned Free & Clear
Property ID
US66-2478973
Property summary
AI-generated overview

This exceptional Shadyside, OH property presents a unique investment opportunity encompassing multiple income streams and significant development potential. Situated on a 1.85-acre lot along the high-traffic Route 7, this property boasts a thriving restaurant, a well-maintained motel, and a vacant lot with existing septic. The restaurant, known locally as VanDynes, features indoor and outdoor seating and includes all equipment in the sale. The motel comprises seven recently remodeled rental rooms, generating consistent revenue. A completely remodeled three-bedroom, three-bathroom home is attached, offering on-site management capabilities or additional rental income. This home includes a propane fireplace in the living room. Outdoor amenities include a private backyard with a seven-foot privacy fence, an inground pool, and a patio bar area. The vacant lot, previously used for RV sites, presents a prime opportunity for expansion, potentially accommodating new residential or rental units. Fruit-bearing peach and apple trees add to the property's charm. The total building square footage is 4,712 square feet. The property is listed at $665,000. Sellers require pre-approval for showings and will be present during the appointment, available outside for any questions. Financial information will be provided to the buyer's accountant upon request. This is a rare chance to acquire a multi-faceted commercial property with immediate income and substantial future growth prospects.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1963
Total area 4,712 SF
Lot 1.45 ac (63,162 SF)
APN 15-01254-000
UPID US66-2478973
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JAY S VANDYNE
JAY S VANDYNE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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