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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Hotels
8670 Orion Pl Columbus, OH 43240-4030
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-5295009
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Total area
76,806 SF
Lot
2.52 ac (109,728 SF)
APN
318-443-02-002-003
UPID
US66-5295009
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
-
Holiday Inn Express & Suites Columbus - Polaris Parkway, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.77M
Owner & transaction history
We Polaris LLC · 2 yrs held
We Polaris LLC
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$49 / 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
$151,495
Tax year 2023
Assessed value
$2,232,100
Assessed 2023
Previous assessed
$1,785,010
+25.0% YoY
Effective rate
6.79%
On assessed value
Assessed land
$251,270
Assessed improvement
$1,980,830
Land market value
$717,900
Improvement market value
$5,659,500
Total market value
$6,377,400
Applied tax rate
45.0000
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
2010
Heating
YES
Cooling
YES
Stories
7
Total area
76,806 SF
Lot
2.52 ac (109,728 SF)
APN
318-443-02-002-003
UPID
US66-5295009
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Heating
YES
Cooling
Yes
Stories
7
Lot
2.52 ac
Current owner
From public records · entity-resolved
We Polaris LLC
Entity
Mailing address
8670 ORION PL, COLUMBUS, OH 43240-4030
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 6, 2025
—
We Polaris LLC
—
Deed
related
$2,007,025 · The State Bank & Trust Co
Jun 5, 2025
—
We Polaris LLC
—
Deed
related
$6,869,490 · The State Bank & Trust Co
Jul 16, 2024
—
We Polaris LLC
Nitin K Patel
Deed
—
Jul 8, 2024
—
Nitin K Patel
Badrivishal LLC
Limited Warranty Deed
—
Aug 9, 2022
—
Badrivishal LLC
—
Deed
related
$7,508,000 · The State Bank & Trust Co
Oct 5, 2017
—
Naresh C Patel
Badrivishal LLC
Warranty Deed
related
—
Aug 11, 2017
—
Badrivishal LLC
—
Deed
related
$3,500,000 · State Bk&tr
—
—
Badrivishal LLC
—
Deed Of Trust
related
$3,500,000 · State Bk&tr
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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