Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,160,000
Hotels
1205 Avenida Central Lady Lake, FL 32159-7725
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2999118
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Construction
BRICK
Total area
46,378 SF
Lot
2.7 ac (117,612 SF)
APN
06-18-24-3000-000-00Y01
UPID
US18-2999118
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 the Villages, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.16M
Owner & transaction history
North Star Florida Lodging LLC · 6 yrs held
North Star Florida Lodging LLC
since 2020
Last sale
$8.3M
5 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 Lady Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lady Lake 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
$10,645,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,950,000
6.5%
$5,490,000
7%
$5,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,845,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,845,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,550,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,390,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$8.16M
Range $7.34M – $8.98M · ±10% · vs last sale $8.25M (Jan 30 2020)
Last sale anchor
$8.25M
Jan 30 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
$176 / 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
$75,803
Tax year 2023
Assessed value
$5,371,182
Assessed 2023
Previous assessed
$3,590,435
+49.6% YoY
Effective rate
1.41%
On assessed value
Land market value
$1,095,791
Improvement market value
$4,275,391
Total market value
$5,371,182
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
2001
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Stories
3
Bathrooms
82
Total area
46,378 SF
Lot
2.7 ac (117,612 SF)
APN
06-18-24-3000-000-00Y01
UPID
US18-2999118
Jurisdiction
LAKE
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
OFFICE BUILDING
Est. value
$11.8M
AUTO REPAIR, GARAGE
Est. value
$10.8M
COMMERCIAL (GENERAL)
Est. value
$10.6M
INDUSTRIAL (GENERAL)
Est. value
$5.4M
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2001
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
82
Lot
2.7 ac
Current owner
From public records · entity-resolved
North Star Florida Lodging LLC
Entity
Mailing address
765 BROADVIEW AVE ORILLIA ONTARIO 3RD XX
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
North Star Florida Lodging LLC
—
Deed
related
—
Nov 22, 2022
—
North Star Florida Lodging LLC
—
Deed
related
$100,000 · Citizens First Bank INC
Jul 25, 2022
—
North Star Florida Lodging LLC
—
Deed
related
$6,500,000 · Citizens First Bank INC
Jan 30, 2020
$8,250,000
North Star Florida Lodging LLC
Hix Villages LLC
Grant Deed
$5,040,000 · Us Bk NA Series 2014-c18 (ce)
Jul 15, 2014
$6,225,000
Hix Villages LLC
Villages Hospitality LLC
Grant Deed
related
$5,040,000 · Morgan Stanley 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.
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 1205 Avenida Central?
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.
