New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,975,000
Motels
150 Midway Dr Sebring, FL 33870-7552
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3631321
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Construction
FRAME
Total area
44,553 SF
Lot
8.34 ac (363,290 SF)
Zoning code
A1
APN
C-07-35-30-A00-0010-0060
UPID
US18-3631321
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
-
Apex at Seven Restaurant
-
Seven Sebring Raceway Hotel Hotel & Motel
-
CITRUS HOTEL BEVERAGE INC. Big Box & Wholesale Store Distribution Center
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
$4.28M
Blend (final)
Blend
$3.98M
Owner & transaction history
Sebring Intl Raceway INC · 18 yrs held
Sebring Intl Raceway INC
since 2008
3 recorded transactions
Zoning & alternative use
A1 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+13.2%
Retail stores
$5.7M
+8.6%
Auto repair, garage
$5.3M
+1.8%
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 Sebring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebring 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%
$3,965,000
6.5%
$3,660,000
7%
$3,400,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,210,000
Current use
RESTAURANT
$5,895,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$5,660,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,305,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,295,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,950,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$3.98M
Range $3.58M – $4.37M · ±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
$89 / 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
$65,789
Tax year 2023
Assessed value
$5,651,874
Assessed 2023
Previous assessed
$3,661,953
+54.3% YoY
Effective rate
1.16%
On assessed value
Assessed improvement
$5,651,874
Improvement market value
$5,651,874
Total market value
$5,651,874
Applied tax rate
60.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Rooms
123
Bathrooms
1
Total area
44,553 SF
Lot
8.34 ac (363,290 SF)
Zoning code
A1
APN
C-07-35-30-A00-0010-0060
UPID
US18-3631321
Jurisdiction
HIGHLANDS
Zoning & alternative use
A1 · Sebring, FL
Zoning A1 · permitted uses
A1 · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.2M
RESTAURANT
Est. value
$5.9M
RETAIL STORES
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
WAREHOUSE, STORAGE
Est. value
$5.0M
HOTEL/MOTEL Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Rooms
123
Bathrooms
1
Lot
8.34 ac
Current owner
From public records · entity-resolved
Sebring Intl Raceway INC
Entity
Mailing address
113 MIDWAY DR, SEBRING, FL 33870-7553
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2008
—
Sebring Intl Raceway INC
—
Trustees Deed
related
$230,000 · Regions Bank
Jul 23, 2007
—
Sebring Intl Raceway INC
—
Trustees Deed
related
$1,009,770 · Regions Bank
—
—
Sebring Intl Raceway INC
—
Deed Of Trust
related
$350,154 · Regions 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.
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 150 Midway Dr?
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.
