Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,415,000
Motels
6767 Schrock Hl Ct Columbus, OH 43229-1562
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6201647
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Total area
58,717 SF
Lot
3.66 ac (159,342 SF)
APN
010-200865
UPID
US66-6201647
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
-
Ramada by Wyndham Columbus North Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.83M
CAP Approach
CAP
$4.38M
Comparable Approach
Comparable
$5.09M
Blend (final)
Blend
$4.42M
Owner & transaction history
Westerville Lodgings LLC · 3 yrs held
Westerville Lodgings LLC
since 2022
Last sale
$4.4M
7 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 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
$4,585,000
ML approach
$4,830,000
CAP Approach
CAP Return
Estimation
6%
$4,740,000
6.5%
$4,375,000
7%
$4,065,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,795,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,345,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$6,300,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,700,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.42M
Range $3.97M – $4.86M · ±10% · vs last sale $4.35M (Aug 5 2022)
Last sale anchor
$4.35M
Aug 5 2022
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
$75 / 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
$66,990
Tax year 2023
Assessed value
$917,070
Assessed 2023
Previous assessed
$831,540
+10.3% YoY
Effective rate
7.30%
On assessed value
Assessed land
$227,290
Assessed improvement
$689,780
Land market value
$649,400
Improvement market value
$1,970,800
Total market value
$2,620,200
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
1985
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
58,717 SF
Lot
3.66 ac (159,342 SF)
APN
010-200865
UPID
US66-6201647
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
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
RETAIL STORES
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$5.7M
HOTEL/MOTEL Current
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
1985
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
3.66 ac
Current owner
From public records · entity-resolved
Westerville Lodgings LLC
Entity
Mailing address
6767 SCHROCK HL CT, COLUMBUS, OH 43229-1562
Ownership since
2022
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
Aug 5, 2022
$2,650,000
Westerville Lodgings LLC
Sap Hospitality LLC
Warranty Deed
$3,000,000 · Ars Capital Ventures LLC
Oct 14, 2015
$1,900,000
Sap Hospitality LLC
Cn Dnsh LLC
Warranty Deed
$2,920,000 · First Wstrn Sblc
Mar 23, 2011
$1,700,000
Cn Dnsh LLC
Us Bank NA Series 2006-1
Grant Deed
$1,760,000 · Fahey Banking Co
Mar 9, 2011
$1,200,000
Us Bk National Assn
Sheriff Of Franklin County
Trustees Deed
related
—
Feb 10, 2006
$3,000,000
Real 4p Hospitality LLC
Jameson Inns INC
Grant Deed
$1,625,000 · Community South Bank
May 16, 2000
—
Jameson Inns INC
—
Deed Of Trust
related
$3,900,000 · Cornerstone Bank
—
—
Real 4p Hospitality LLC
—
Deed Of Trust
related
$1,655,000 · Ohio Statewide Dev Corp
—
—
Cn Dnsh LLC
—
Deed Of Trust
related
$2,475,000 · Fahey Banking Co
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 6767 Schrock Hl Ct?
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.
