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Property profile & analytics
OFF-MARKET
Estimated value
$8,065,000
Hotels
77 Nationwide Blvd Columbus, OH 43215-2512
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-5605264
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
123,309 SF
Lot
0.41 ac (17,990 SF)
APN
010-022765
UPID
US66-5605264
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
-
Canopy by Hilton Columbus Downtown Short North Hotel & Motel
-
Central Market House Restaurant
-
Tracie Hotel & Motel
-
Goodale Station Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.07M
Owner & transaction history
Indus Hotel 77 LLC · 8 yrs held
Indus Hotel 77 LLC
since 2017
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,545,000
6.5%
$9,730,000
7%
$9,035,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$13,325,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$8.07M
Range $7.26M – $8.87M · ±10%
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
$65 / 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
$70,337
Tax year 2023
Assessed value
$7,893,660
Assessed 2023
Previous assessed
$7,893,660
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$481,990
Assessed improvement
$7,411,670
Land market value
$1,377,100
Improvement market value
$21,176,200
Total market value
$22,553,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
YES
Cooling
NONE
Buildings
1
Stories
13
Total area
123,309 SF
Lot
0.41 ac (17,990 SF)
APN
010-022765
UPID
US66-5605264
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.3M
NEIGHBORHOOD: SHOPPING CENTER
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
2018
Heating
YES
Cooling
Yes
Stories
13
Buildings
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Indus Hotel 77 LLC
Entity
Mailing address
1555 LENNOX TOWN LN, COLUMBUS, OH 43212-1492
Ownership since
2017
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
Jul 20, 2022
—
Indus Hotel 77 LLC
—
Deed
related
$26,301,000 · Stancorp Mortgage Investors LLC
Aug 31, 2017
—
Indus Hotel 77 LLC
77 Hotel Partners LLC
Trustees Deed
related
$40,020,000 · First Fed'l Bk/midwest
May 8, 2017
—
77 Hotel Partners LLC
City Of Columbus
Quit Claim Deed
related
—
Dec 22, 2015
$2,300,000
77 Hotel Partnership LLC
Her INC
Limited Warranty Deed
$1,550,000 · Heartland Bank
Jun 7, 2005
—
Her INC
—
Deed Of Trust
related
$29,000,000 · Jp Morgan Chase Bk
Feb 28, 2002
$2,070,000
Her INC
Nshe Kyrene LLC
Quit Claim Deed
related
—
Sep 4, 2001
$2,070,000
Nshe Kyrene LLC
77 Nationwide Partners
Grant Deed
—
—
—
Her INC
—
Deed Of Trust
related
$2,525,000 · Miscellaneous Ins 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.
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