Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Motels
950 Ash St Piqua, OH 45356-4104
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-6231620
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Total area
35,679 SF
Lot
1.64 ac (71,221 SF)
APN
N44-072964
UPID
US66-6231620
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
-
Baymont by Wyndham Piqua Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.48M
CAP Approach
CAP
$3.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.53M
Owner & transaction history
Shree Sumukh LLC · 5 yrs held
Shree Sumukh LLC
since 2020
Last sale
$2.6M
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 Piqua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Piqua 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
$2,440,000
ML approach
$2,475,000
CAP Approach
CAP Return
Estimation
6%
$3,600,000
6.5%
$3,325,000
7%
$3,085,000
Alternative Use
Use
Estimation
RESTAURANT
$3,455,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,230,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$3,200,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,700,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,400,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,120,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10% · vs last sale $2.60M (Oct 1 2020)
Last sale anchor
$2.60M
Oct 1 2020
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
$71 / 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
$30,319
Tax year 2023
Assessed value
$516,360
Assessed 2023
Previous assessed
$516,360
+0.0% YoY
Effective rate
5.87%
On assessed value
Assessed land
$102,760
Assessed improvement
$413,600
Land market value
$293,600
Improvement market value
$1,181,700
Total market value
$1,475,300
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
1998
Heating
YES
Cooling
YES
Stories
2
Total area
35,679 SF
Lot
1.64 ac (71,221 SF)
APN
N44-072964
UPID
US66-6231620
Jurisdiction
MIAMI
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
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1998
Heating
YES
Cooling
Yes
Stories
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Shree Sumukh LLC
Entity
Mailing address
950 E ASH ST, PIQUA, OH 45356-4104
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
—
Shree Sumukh LLC
—
Deed
related
$2,065,000 · Civista Bank
Oct 1, 2020
$2,600,000
Shree Sumukh LLC
Mercer Hospitality INC
Warranty Deed
$2,091,500 · Millennium Bank
Aug 2, 2017
—
Mercer Hospitality INC
—
Deed
related
$1,447,000 · The Union Bk Co
Jul 30, 2007
$1,600,000
Mercer Hospitality INC
U K P LLC
Grant Deed
related
$1,680,000 · Union Bank
Jan 16, 2007
$1,750,000
U K P LLC
Hena-krishna LLC
Grant Deed
related
—
Apr 22, 2005
$1,450,000
Hena-krishna LLC
Pikfort Hotel Group LLC
Grant Deed
related
$1,087,500 · Mutual Fsb
—
—
Mercer Hospitality INC
—
Deed Of Trust
related
$1,447,000 · The Union Bk 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 950 Ash St?
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.
