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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Motels
6116 Speedway Dr Seville, OH 44273-8829
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-6226969
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Construction
WOOD
Total area
19,642 SF
Lot
1.57 ac (68,389 SF)
APN
041-15B-44-005
UPID
US66-6226969
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
-
Super 8 by Wyndham Seville Hotel & Motel
-
Ohio laboratories Laboratory
-
Forever blueberry farm Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Seville Dev LLC · 6 yrs held
Seville Dev LLC
since 2019
4 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 Seville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seville 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
$27 / 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
$15,468
Tax year 2023
Assessed value
$344,700
Assessed 2023
Previous assessed
$344,700
+0.0% YoY
Effective rate
4.49%
On assessed value
Assessed land
$95,960
Assessed improvement
$248,740
Land market value
$274,160
Improvement market value
$710,680
Total market value
$984,840
Applied tax rate
41.0000
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
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Bathrooms
1
Total area
19,642 SF
Lot
1.57 ac (68,389 SF)
APN
041-15B-44-005
UPID
US66-6226969
Jurisdiction
MEDINA
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Seville Dev LLC
Entity
Free & Clear · 6 yrs held
Mailing address
6116 SPEEDWAY DR, SEVILLE, OH 44273-8829
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2019
$800,000
Seville Dev LLC
Seville Real Estate Dev LLC
Correction Deed
related
—
Aug 22, 2019
$400,000
Seville Development LLC
Seville Real Estate Development LLC
Limited Warranty Deed
$1,775,000 · United Midwest Savings Bank
May 21, 2003
$1,450,000
Real Estate Dev Seville
Focus Hospitality LLC
Grant Deed
$781,750 · First Eagle National Bank
—
—
Seville Real Estates Dev LLC
—
Deed Of Trust
related
$781,750 · Ohio Statewide Dev Corp
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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