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    Property profile & analytics

    7490 Woodspoint Dr Florence, KY 41042-1545

    • Hotels
    • 35,928 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    $1,580,000
    Location Intelligence
    Property ID
    US34-0624028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Microtel Inn & Suites by Wyndham Florence/Cincinnati Airport / Hotel / Inn

    Property Details for 7490 Woodspoint Dr

    Year built
    2002
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.48 lot acres
    Property size
    35,928 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    061.00-00-023.00
    APU
    61000002300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6486
    Latitude
    39.0037
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,809
    $500,000
    $2,335,000
    $2,835,000
    -
    $500,000
    $2,335,000
    $2,835,000

    Comparable in this City

    • Value Estimation by Request
      3.53 Acres

      5910 Merchants St

      HOTEL/MOTEL • 3.53 Acres
      5910 Merchants St, Florence, KY 41042-1158
      View Details
    • Value Estimation by Request
      1.97 Acres

      5905 Merchants St

      HOTEL/MOTEL • 1.97 Acres
      5905 Merchants St, Florence, KY 41042-1198
      View Details
    • Value Estimation
      $2,505,000
      27,800 SF

      7928 Dream St

      HOTEL/MOTEL • 27,800 SF
      7928 Dream St, Florence, KY 41042-1802
      View Details
    • Value Estimation by Request
      2.15 Acres

      1055 Vandercar Way

      HOTEL/MOTEL • 2.15 Acres
      1055 Vandercar Way, Florence, KY 41042-1573
      View Details
    • Value Estimation by Request
      71,936 SF

      40 Cavalier Blvd

      HOTEL/MOTEL • 71,936 SF
      40 Cavalier Blvd, Florence, KY 41042-1645
      View Details
    • Value Estimation by Request
      45,240 SF

      4880 Houston Rd

      HOTEL/MOTEL • 45,240 SF
      4880 Houston Rd, Florence, KY 41042-1363
      View Details

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      90,365 SF

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      4,000 SF

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      Commercial Land For Rent

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      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      1.0k
    • Avg Time on site
      579 min
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    7490 Woodspoint Dr
    Florence, KY 41042-1545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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