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Property profile & analytics
OFF-MARKET
Estimated value
$8,770,000
Hotels
10971 Colonial Dr Ocoee, FL 34761-2943
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2930544
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2004
Total area
49,272 SF
Lot
2.39 ac (104,040 SF)
Zoning code
C-3
APN
20-22-28-0000-00-032
UPID
US18-2930544
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
-
Fairfield Inn & Suites Orlando Ocoee Hotel & Motel
-
10971 West Colonial Drive Parking Parking Lot & Garage
-
Cobb Restaurant Buffet
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.84M
Comparable Approach
Comparable
$9.63M
Blend (final)
Blend
$8.77M
Owner & transaction history
Florida Lodging Dev LLC · 20 yrs held
Florida Lodging Dev LLC
since 2005
2 recorded transactions
Zoning & alternative use
C-3 · Ocoee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.1M
+2.6%
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 Ocoee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocoee 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%
$6,320,000
6.5%
$5,835,000
7%
$5,415,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,790,000
Current use
RETAIL STORES
$13,125,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$8.77M
Range $7.89M – $9.65M · ±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
$178 / 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
$111,598
Tax year 2023
Assessed value
$6,551,607
Assessed 2023
Previous assessed
$7,000,149
-6.4% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,848,000
Assessed improvement
$4,703,607
Land market value
$1,848,000
Improvement market value
$4,703,607
Total market value
$6,551,607
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
2004
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
3
Units
80
Rooms
91
Total area
49,272 SF
Lot
2.39 ac (104,040 SF)
Zoning code
C-3
APN
20-22-28-0000-00-032
UPID
US18-2930544
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Ocoee, FL
Zoning C-3 · permitted uses
C-3 · Ocoee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocoee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.8M
RETAIL STORES
Est. value
$13.1M
HOTEL/MOTEL Current
RETAIL STORES
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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
80
Rooms
91
Lot
2.39 ac
Current owner
From public records · entity-resolved
Florida Lodging Dev LLC
Entity
Free & Clear · 20 yrs held
Mailing address
800-925 W GEORGIA ST VANCOUVER BC 3RD CANADA XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2005
$600,000
Florida Lodging Dev LLC
Mocny LP Lllp
Grant Deed
—
May 14, 2002
—
Mocny LP
Mocny Trust
Quit Claim Deed
related
—
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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