Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Hotels
789 Milltown Rd Wooster, OH 44691-1255
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0106849
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1995
Total area
27,060 SF
Lot
2.49 ac (108,639 SF)
APN
67-02772-003
UPID
US66-0106849
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
-
Days Inn by Wyndham Wooster Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.61M
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
Om Mahate Namah INC · 4 yrs held
Om Mahate Namah INC
since 2022
Last sale
$1.7M
4 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 Wooster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wooster 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
$1,515,000
ML approach
$1,605,000
CAP Approach
CAP Return
Estimation
6%
$1,815,000
6.5%
$1,675,000
7%
$1,555,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,575,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,535,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$2,340,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,080,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,475,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,390,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,365,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.70M (Jan 5 2022)
Last sale anchor
$1.70M
Jan 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
$62 / 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
$44,153
Tax year 2023
Assessed value
$603,840
Assessed 2023
Previous assessed
$603,840
+0.0% YoY
Effective rate
7.31%
On assessed value
Assessed land
$155,930
Assessed improvement
$447,910
Land market value
$445,520
Improvement market value
$1,279,750
Total market value
$1,725,270
Applied tax rate
67.0000
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
1995
Heating
ELECTRIC
Cooling
YES
Stories
2
Total area
27,060 SF
Lot
2.49 ac (108,639 SF)
APN
67-02772-003
UPID
US66-0106849
Jurisdiction
WAYNE
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
AUTO REPAIR, GARAGE
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.3M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
1995
Heating
ELECTRIC
Cooling
Yes
Stories
2
Lot
2.49 ac
Current owner
From public records · entity-resolved
Om Mahate Namah INC
Entity
Mailing address
990 WILDWOOD DR, WOOSTER, OH 44691-5726
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2022
$1,700,000
Om Mahate Namah INC
Nimesh Arora
Warranty Deed
$1,470,000 · State Bank Of Texas
Apr 15, 2021
$1,600,000
Nimesh Arora
Asa Hospitality Inn LLC
Warranty Deed
$750,000 · Asa Hospitality Inn LLC
Jan 29, 2018
—
Asa Hospitality Inn LLC
—
Deed
related
$1,155,000 · First Federal Bank Of The Midwest
Apr 14, 2006
$1,900,000
Asa Hospitality Inn LLC
Pmc Commercial Trust
Grant Deed
$1,760,000 · Private Individual
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 789 Milltown Rd?
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.
