Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Motels
1527 Us Hwy 441st SE Okeechobee, FL 34974-7307
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-5039923
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,888 SF
Lot
5.18 ac (225,684 SF)
APN
1-34-37-35-0A00-00023-0000
UPID
US18-5039923
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Shree Gayatri Hospitality LLC · 13 yrs held
Shree Gayatri Hospitality LLC
since 2012
3 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 Okeechobee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okeechobee 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$580,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$545,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$485,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$460,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$138 / 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
$16,184
Tax year 2023
Assessed value
$1,228,293
Assessed 2023
Previous assessed
$911,685
+34.7% YoY
Effective rate
1.32%
On assessed value
Assessed land
$355,848
Assessed improvement
$872,445
Land market value
$355,848
Improvement market value
$872,445
Total market value
$1,228,293
Applied tax rate
30.0000
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WINDOW A/C
Buildings
3
Stories
1
Rooms
22
Bathrooms
43
Total area
3,888 SF
Lot
5.18 ac (225,684 SF)
APN
1-34-37-35-0A00-00023-0000
UPID
US18-5039923
Jurisdiction
OKEECHOBEE
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
COMMERCIAL (GENERAL)
Est. value
$580,000
MEDICAL BUILDING
Est. value
$545,000
AUTO REPAIR, GARAGE
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$460,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
22
Bathrooms
43
Lot
5.18 ac
Current owner
From public records · entity-resolved
Shree Gayatri Hospitality LLC
Entity
Mailing address
1527 US HWY 441ST SE, OKEECHOBEE, FL 34974-7307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Dec 21, 2012
$605,000
Shree Gayatri Hospitality LLC
Royal Lake Estates INC
Warranty Deed
$484,000 · Royal Lake Estates INC
Jun 7, 2000
$170,000
Royal Lake Estates INC
Reboredo,jose & Alejandrina
Quit Claim Deed
related
—
Oct 21, 1997
$125,000
Alan L Ferguson
Dean,anna S
Grant Deed
$90,000 · Barnett 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 1527 Us Hwy 441st SE?
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.
