Back to Search
Property profile & analytics
OFF-MARKET
Motels
6345 High St Lockbourne, OH 43137-9001
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-6040637
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1955
Construction
WOOD
Total area
4,460 SF
Lot
1.94 ac (84,332 SF)
Zoning code
6345
APN
150-002416
UPID
US66-6040637
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rajan-sweeti Corp · 12 yrs held
Rajan-sweeti Corp
since 2013
5 recorded transactions
Zoning & alternative use
6345 · Lockbourne, OH
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 Lockbourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lockbourne 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
—
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
$11,016
Tax year 2023
Assessed value
$175,600
Assessed 2023
Previous assessed
$193,170
-9.1% YoY
Effective rate
6.27%
On assessed value
Assessed land
$41,370
Assessed improvement
$134,230
Land market value
$118,200
Improvement market value
$383,500
Total market value
$501,700
Applied tax rate
150.0000
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
1955
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Total area
4,460 SF
Lot
1.94 ac (84,332 SF)
Zoning code
6345
APN
150-002416
UPID
US66-6040637
Jurisdiction
FRANKLIN
Zoning & alternative use
6345 · Lockbourne, OH
Zoning 6345 · permitted uses
6345 · Lockbourne, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lockbourne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
1.94 ac
Current owner
From public records · entity-resolved
Rajan-sweeti Corp
Entity
Free & Clear · 12 yrs held
Mailing address
6345 S HIGH ST, LOCKBOURNE, OH 43137-9001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2017
—
Rajan Sweeti Corporation
—
Deed
related
$330,000 · The Richwood Banking Co
Jul 24, 2013
—
Rajan-sweeti Corp
Patel,jayanti & Jayshri
Quit Claim Deed
—
Sep 5, 2002
$370,000
Jayanti Patel
Sagar,arvind & Lalita
Grant Deed
—
Apr 22, 1997
—
Arvind Sagar
Davis,phillip M & Deborah J
Grant Deed
related
—
—
—
Jayanti C Patel
—
Deed Of Trust
related
$1,035,000 · Unizan Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6345 High St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
