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Property profile & analytics
OFF-MARKET
Estimated value
$5,220,000
Hotels
1320 Business Way Lehigh Acres, FL 33936-6063
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-4173982
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2008
Construction
FRAME
Total area
11,029 SF
Lot
2.76 ac (120,008 SF)
Zoning code
C-2
APN
31-44-27-05-00009.006A
UPID
US18-4173982
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
-
Lehigh Cavaliers Domino and Community Club Association / Organization
-
El Tarasco Mexican Restaurant Restaurant
-
Quality Inn & Suites Lehigh Acres Fort Myers Hotel & Motel
-
vsvse llc Gym & Fitness Center
-
Wiggins Corp (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.22M
Owner & transaction history
Ganesh Parvati II LLC · 7 yrs held
Ganesh Parvati II LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-2 · Lehigh Acres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.8M
+30.9%
Commercial (general)
$6.9M
+15.3%
Restaurant
$6.4M
+7.4%
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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,940,000
Current use
AUTO REPAIR, GARAGE
$7,775,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,850,000
Change: +15% · Conversion: Difficult
RESTAURANT
$6,380,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$5.22M
Range $4.70M – $5.74M · ±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
$473 / 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
$69,459
Tax year 2023
Assessed value
$6,956,225
Assessed 2023
Previous assessed
$4,360,645
+59.5% YoY
Effective rate
1.00%
On assessed value
Assessed land
$3,302,380
Assessed improvement
$3,653,845
Land market value
$3,302,380
Improvement market value
$3,653,845
Total market value
$6,956,225
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
4
Bathrooms
245
Total area
11,029 SF
Lot
2.76 ac (120,008 SF)
Zoning code
C-2
APN
31-44-27-05-00009.006A
UPID
US18-4173982
Jurisdiction
LEE
Zoning & alternative use
C-2 · Lehigh Acres, FL
Zoning C-2 · permitted uses
C-2 · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$6.9M
RESTAURANT
Est. value
$6.4M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
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
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Bathrooms
245
Lot
2.76 ac
Current owner
From public records · entity-resolved
Ganesh Parvati II LLC
Entity
Free & Clear · 7 yrs held
Mailing address
5829 GRAND NATIONAL DR, ORLANDO, FL 32819-7909
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
32 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
Ganesh Parvati II LLC
—
Deed
related
$3,200,000 · One Florida Bank
Aug 1, 2018
$3,150,000
Ganesh Parvati II LLC
Justus Holdings LLC
Warranty Deed
—
Apr 23, 2018
—
Justus Holdings LLC
Asperilla,marianito O Coc
Trustees Deed
related
—
Jan 23, 2017
—
Maple Two Dev Of Sw Florida LLC
—
Deed
related
$2,725,267 · Montgomery Bk
Oct 11, 2016
—
Maple Two Dev Of Sw Florida LLC
—
Deed
related
$950,000 · Montgomery Bk
Oct 10, 2016
—
Maple Two Dev Of Sw Florida LLC
—
Deed
related
$2,754,919 · Montgomery Bk
Jun 6, 2016
—
Maple Two Dev Of Sw Florida LLC
—
Deed
related
$2,786,100 · Montgomery Bk
Nov 20, 2008
—
Maple Two Dev Of Sw Florida LLC
—
Trustees Deed
related
$400,000 · Montgomery Bank NA
Jan 26, 2007
$1,675,000
Maple Two Development Of Sw Florida
Maple Development Of Sw Florida LLC
Warranty Deed
—
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,880,800 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$400,000 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$4,925,035 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$100,000 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,754,919 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$950,000 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,725,267 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$950,000 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,900,000 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$4,924,960 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$950,000 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$100,000 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,786,100 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$4,925,035 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,829,700 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$30,197 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,844,200 · Montgomery Bk
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$4,924,960 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$4,894,589 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$2,861,600 · Montgomery Bk
—
—
Maple Two Dev/ Sw Florida LLC
—
Deed Of Trust
related
$5,437,605 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Deed Of Trust
related
$5,437,605 · Montgomery Bank NA
—
—
Maple Two Dev Of Sw Florida LLC
—
Loan Modification
related
$24,733 · Montgomery 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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