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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Hotels
12162 Morris Brg Rd Temple Terrace, FL 33637-1950
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-5110496
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
WOOD
Total area
50,408 SF
Lot
2.32 ac (101,059 SF)
Zoning code
PD
APN
T122819ZZZ000001329200
UPID
US18-5110496
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.98M
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$2.89M
Owner & transaction history
Bsrep II Ws Tampa Ne LLC · 7 yrs held
Bsrep II Ws Tampa Ne LLC
since 2018
5 recorded transactions
Zoning & alternative use
PD · Temple Terrace, FL
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 Temple Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple Terrace 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%
$4,310,000
6.5%
$3,980,000
7%
$3,695,000
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±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
$57 / 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
$132,126
Tax year 2023
Assessed value
$6,995,800
Assessed 2023
Previous assessed
$8,866,100
-21.1% YoY
Effective rate
1.89%
On assessed value
Assessed land
$964,703
Assessed improvement
$6,031,097
Land market value
$964,703
Improvement market value
$6,031,097
Total market value
$6,995,800
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
2017
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
122
Bathrooms
1
Total area
50,408 SF
Lot
2.32 ac (101,059 SF)
Zoning code
PD
APN
T122819ZZZ000001329200
UPID
US18-5110496
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Temple Terrace, FL
Zoning PD · permitted uses
PD · Temple Terrace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Temple Terrace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
122
Bathrooms
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Bsrep II Ws Tampa Ne LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
2018
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 28, 2018
$13,000,000
Bsrep II Ws Tampa Ne LLC
Liberty Ws Tampa Fletcher Lllp
Grant Deed
—
Feb 15, 2016
$785,000
Liberty Ws Tampa Fletcher Lllp
I Brown Properties LLC
Warranty Deed
—
Oct 1, 2012
$200,000
I Brown Properties LLC
Lmiw III LLC
Grant Deed
—
Apr 21, 2009
$736,100
Regions Acquisition III LLC
Opus South Corp
Deed In Lieu Of Foreclosure
related
—
Nov 26, 2002
$133,200
Opus South Corp
State Street Florida INC
Grant Deed
—
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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