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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Hotels
12600 University Dr Fort Myers, FL 33907-5670
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2616282
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2001
Construction
FRAME
Total area
18,101 SF
Lot
2.76 ac (120,269 SF)
Zoning code
CPD
APN
14-45-24-49-00000.0020
UPID
US18-2616282
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 Fort Myers Hotel & Motel
-
Entrevista Amazon Post Office
-
Global Impact Church of the Apostolic Faith Church
-
Fort Myers, FL - The Dinner Detective Murder Mystery Dinner Show Restaurant Theater & Performing Art Venue
-
Garden Grille and Bar Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Lh Fort Myers Hospitality LLC · 6 yrs held
Lh Fort Myers Hospitality LLC
since 2019
7 recorded transactions
Zoning & alternative use
CPD · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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%
$1,765,000
6.5%
$1,625,000
7%
$1,510,000
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±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
$123 / 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
$254,600
Tax year 2023
Assessed value
$24,219,888
Assessed 2023
Previous assessed
$15,730,095
+54.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$5,537,185
Assessed improvement
$18,682,703
Land market value
$5,537,185
Improvement market value
$18,682,703
Total market value
$24,219,888
Applied tax rate
47.0000
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/MOTEL
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
5
Bathrooms
126
Total area
18,101 SF
Lot
2.76 ac (120,269 SF)
Zoning code
CPD
APN
14-45-24-49-00000.0020
UPID
US18-2616282
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
5
Bathrooms
126
Lot
2.76 ac
Current owner
From public records · entity-resolved
Lh Fort Myers Hospitality LLC
Entity
Mailing address
PO BOX 248, WESTPORT, MA 02790-0248
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2019
$18,625,000
Lh Fort Myers Hospitality LLC
Excel Holdings 1 LLC
Special Warranty Deed
$14,250 · Wells Fargo Bank NA
Sep 24, 2019
—
Lh Fort Myers Hospitality LLC
—
Grant Deed
related
$14,250,000 · Wells Fargo Bk
Dec 27, 2018
—
Excel Holdings 1 LLC
—
Loan Modification
related
$28,728,000 · Bankunited Fsb
Jul 2, 2013
$9,135,000
Excel Holdings 1 LLC
Gecmc 2006-c1 Univ Drive LLC
Grant Deed
$8,250,000 · Lmrec III Holdings II INC
Aug 9, 2011
$6,930,100
Gecmc 2006-c1 Univ Drive LLC
W2007 Eqi Ft Myers Ptshp LP C
Trustees Deed
related
—
Nov 28, 2005
$12,000,000
Eqi Fort Myers Ptshp
Equity Inns Ptshp
Warranty Deed
$11,490,000 · General Electric Capital Corp
Mar 22, 2005
$14,500,000
Equity Inns Ptshp
University Commons Hotel
Grant Deed
—
—
—
University Commons
—
Deed Of Trust
related
$197,179 · Florida Community Bank
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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