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Property profile & analytics
OFF-MARKET
Estimated value
$7,225,000
Hotels
6085 Enterprise Pkwy Solon, OH 44139-2754
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0326805
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Construction
TYPE NOT SPECIFIED
Total area
61,348 SF
Lot
3.17 ac (138,041 SF)
Zoning code
C-5
APN
953-39-015
UPID
US66-0326805
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
$6.89M
CAP Approach
CAP
$4.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.23M
Owner & transaction history
Wscdel 103 LLC · 3 yrs held
Wscdel 103 LLC
since 2023
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
C-5 · Solon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.4M
+54.1%
Office building
$8.9M
+31.9%
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 Solon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solon 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
$7,005,000
ML approach
$6,890,000
CAP Approach
CAP Return
Estimation
6%
$5,130,000
6.5%
$4,735,000
7%
$4,395,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,720,000
Current use
RESTAURANT
$10,350,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$8,860,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$6,665,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,215,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,460,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$7.23M
Range $6.50M – $7.95M · ±10% · vs last sale $7.50M (Jun 23 2023)
Last sale anchor
$7.50M
Jun 23 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
$118 / 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
$266,019
Tax year 2023
Assessed value
$2,920,160
Assessed 2023
Previous assessed
$2,287,610
+27.7% YoY
Effective rate
9.11%
On assessed value
Assessed land
$229,990
Assessed improvement
$2,690,170
Land market value
$657,100
Improvement market value
$7,686,200
Total market value
$8,343,300
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
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
4
Units
86
Total area
61,348 SF
Lot
3.17 ac (138,041 SF)
Zoning code
C-5
APN
953-39-015
UPID
US66-0326805
Jurisdiction
CUYAHOGA
Zoning & alternative use
C-5 · Solon, OH
Zoning C-5 · permitted uses
C-5 · Solon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Solon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.7M
RESTAURANT
Est. value
$10.4M
OFFICE BUILDING
Est. value
$8.9M
MEDICAL BUILDING
Est. value
$6.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.5M
HOTEL/MOTEL Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
2
Units
86
Lot
3.17 ac
Current owner
From public records · entity-resolved
Wscdel 103 LLC
Entity
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2023
$7,500,000
Wscdel 103 LLC
Kre Hip Wood Cleveland Owner LLC
Limited Warranty Deed
$6,272,500 · The Croghan Colonial Bank
Oct 18, 2021
$8,952,000
Kre Hip Wood Cleveland Owner LLC
Ihp Solon Oh Owner LLC
Limited Warranty Deed
—
Oct 18, 2021
—
Ihp I Ops LLC
Ihp Splon Oh Owner LLC
Lease
—
Jun 15, 2017
—
Ihp Solon Oh Owner LLC
—
Grant Deed
related
$1,560,000,000 · Column Fin'l
Dec 3, 2014
$10,691,697
Ihp Solon Oh Owner LLC
Ia Orchard Hotels Solon LLC
Grant Deed
related
$615,000,000 · Bank Of America
Jan 8, 2008
—
Ia Orchard Hotels Solon LLC
Inland American Orchard Hotels
Grant Deed
$344,850,000 · Bank Of America
Sep 12, 2003
$66,150
Apple Hospitality Five INC
Solon Hotel LLC
Grant Deed
—
—
—
Solon Hotel II LLC
—
Deed Of Trust
related
$6,100,000 · First Niagara Funding INC
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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