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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Motels
6225 Quarter Horse Dr Columbus, OH 43229-2578
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2742015
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
WOOD
Total area
45,777 SF
Lot
1.99 ac (86,728 SF)
APN
010-196702
UPID
US66-2742015
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
$4.20M
CAP Approach
CAP
$3.41M
Comparable Approach
Comparable
$3.97M
Blend (final)
Blend
$4.06M
Owner & transaction history
Studio Lodge Columbus Oh LLC · 3 yrs held
Studio Lodge Columbus Oh LLC
since 2023
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.6M
+25.3%
Medical building
$6.2M
+16.7%
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
Method
Estimation
Statistic approach
$4,120,000
ML approach
$4,195,000
CAP Approach
CAP Return
Estimation
6%
$3,695,000
6.5%
$3,410,000
7%
$3,170,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,295,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,635,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$6,180,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,950,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$4,915,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,445,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±10% · vs last sale $4.00M (Jan 6 2023)
Last sale anchor
$4.00M
Jan 6 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
$89 / 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
$59,758
Tax year 2023
Assessed value
$818,060
Assessed 2023
Previous assessed
$358,760
+128.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$206,050
Assessed improvement
$612,010
Land market value
$588,700
Improvement market value
$1,748,600
Total market value
$2,337,300
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
45,777 SF
Lot
1.99 ac (86,728 SF)
APN
010-196702
UPID
US66-2742015
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
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
RETAIL STORES
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.4M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Studio Lodge Columbus Oh LLC
Entity
Mailing address
746 HOLCOMB BRG RD, NORCROSS, GA 30071-1325
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2023
$4,000,000
Studio Lodge Columbus Oh LLC
Aum 99 LLC
Limited Warranty Deed
$240,000 · Aum 99 LLC
Apr 15, 2019
$1,025,000
Aum 99 LLC
Aarsha LLC
Warranty Deed
$400,000 · Aarsha LLC
Jul 22, 2016
$650,000
Aarsha LLC
Sanmukh LLC
Warranty Deed
$350,000 · Sanmukh LLC
Jun 27, 2012
$374,946
Sanmukh LLC
Sheriff Of Franklin County
Trustees Deed
related
—
Nov 2, 2009
$41,691
American Tax Funding LLC
Treasurer Of Franklin County
Tax Deed
related
—
Dec 8, 2008
$37,833
American Tax Funding LLC
Treasurer Of Franklin County
Tax Deed
related
—
Jan 3, 2005
$1,400,000
Swami Hariprasad INC
Downtown Clark LLC
Grant Deed
$1,275,000 · Perpetual Fsb
Dec 31, 2003
$1,468,900
Downtown Clark LLC
Cci Management INC
Grant Deed
—
Dec 31, 2003
—
Downtown Clark LLC
—
Deed Of Trust
related
$3,270,000 · Greenfield Commercial Credit
Sep 11, 2003
$1,354,600
Holding Corp Of Ohio
Cross Country Inns LLC
Grant Deed
—
Sep 11, 2003
—
Cci Management INC
Holding Corp Of Ohio
Grant Deed
related
—
Aug 28, 1998
—
Cross Country Inns LLC
Donald R Kenney Trustee
Grant 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.
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