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Property profile & analytics
OFF-MARKET
Estimated value
$20,690,000
Hotels
10309 Highland Mnr Dr Tampa, FL 33610-9149
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0643475
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
89,231 SF
Lot
3.53 ac (153,767 SF)
Zoning code
PD
APN
U0529205QN000001000080
UPID
US19-0643475
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
-
Hilton Garden Inn Tampa East/Brandon Hotel & Motel
-
ToMa Enterprise Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.24M
Blend (final)
Blend
$20.69M
Owner & transaction history
10309 Highland Manor Lodging LLC · 3 yrs held
10309 Highland Manor Lodging LLC
since 2023
Last sale
$21.0M
6 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$32.7M
+100.2%
Office building
$27.8M
+69.8%
Medical building
$24.1M
+47.6%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$19,515,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$16,345,000
Current use
APARTMENT HOUSE (5+ UNITS)
$32,735,000
Change: +100% · Conversion: Difficult
OFFICE BUILDING
$27,765,000
Change: +70% · Conversion: Difficult
MEDICAL BUILDING
$24,120,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,215,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,220,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$15,605,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$20.69M
Range $18.62M – $22.76M · ±10% · vs last sale $21.00M (Mar 24 2023)
Last sale anchor
$21.00M
Mar 24 2023
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
$232 / 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
$273,298
Tax year 2023
Assessed value
$17,044,800
Assessed 2023
Previous assessed
$13,498,900
+26.3% YoY
Effective rate
1.60%
On assessed value
Assessed land
$648,711
Assessed improvement
$16,396,089
Land market value
$648,711
Improvement market value
$16,396,089
Total market value
$17,044,800
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
6
Units
153
Bathrooms
158
Total area
89,231 SF
Lot
3.53 ac (153,767 SF)
Zoning code
PD
APN
U0529205QN000001000080
UPID
US19-0643475
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$16.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$32.7M
OFFICE BUILDING
Est. value
$27.8M
MEDICAL BUILDING
Est. value
$24.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.2M
AUTO REPAIR, GARAGE
Est. value
$17.2M
INDUSTRIAL (GENERAL)
Est. value
$15.6M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
6
Units
153
Bathrooms
158
Lot
3.53 ac
Current owner
From public records · entity-resolved
10309 Highland Manor Lodging LLC
Entity
Mailing address
1020 N GLOSTER ST #110, TUPELO, MS 38804-1202
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2023
$21,000,000
10309 Highland Manor Lodging LLC
Tampa East Hotel Holdings LLC
Special Warranty Deed
$19,400,000 · Standard Insurance Co
Apr 10, 2018
—
Tampa East Hotel Holdings LLC
—
Deed
related
$1,800,000 · Western Alliance Bk
Mar 26, 2013
$12,500,000
Tampa East Hotel Holdings LLC
Gi Tampa Realco LLC
Grant Deed
$80,000,000 · Bank Of America
Dec 7, 2005
$17,150,000
Gi Tampa Realco LLC
Noble Investments Tampa LLC
Special Warranty Deed
$13,825,000 · Greenwich Capital Financial Product
—
—
Tampa East Hotel Holdings LLC
—
Deed Of Trust
related
$9,600,000 · Bank Of America
—
—
Tampa East Hotel Holdings LLC
—
Loan Modification
related
$1,800,000 · Western Alliance Bk
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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