Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,905,000
Motels
1545 3rd Vlg Rd Weston, FL 33326-4026
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-1163687
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2001
Construction
CONCRETE
Total area
50,237 SF
Lot
2.12 ac (92,361 SF)
Zoning code
C-1
APN
50-40-18-03-3984
UPID
US18-1163687
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
$7.49M
Comparable Approach
Comparable
$13.43M
Blend (final)
Blend
$11.91M
Owner & transaction history
Kenne Re LLC · 6 yrs held
Kenne Re LLC
since 2019
4 recorded transactions
Zoning & alternative use
C-1 · Weston, 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 Weston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weston 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%
$8,115,000
6.5%
$7,490,000
7%
$6,955,000
Blend value · Realmo final
$11.91M
Range $10.71M – $13.10M · ±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
$237 / 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
$311,857
Tax year 2023
Assessed value
$13,945,220
Assessed 2023
Previous assessed
$11,143,500
+25.1% YoY
Effective rate
2.24%
On assessed value
Assessed land
$1,385,420
Assessed improvement
$12,559,800
Land market value
$1,385,420
Improvement market value
$12,559,800
Total market value
$13,945,220
Applied tax rate
3,312.0000
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
2001
Construction
CONCRETE
Heating
NONE
Stories
3
Units
96
Total area
50,237 SF
Lot
2.12 ac (92,361 SF)
Zoning code
C-1
APN
50-40-18-03-3984
UPID
US18-1163687
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Weston, FL
Zoning C-1 · permitted uses
C-1 · Weston, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
3
Units
96
Lot
2.12 ac
Current owner
From public records · entity-resolved
Kenne Re LLC
Entity
Mailing address
201 ALHAMBRA CIR STE #702, CORAL GABLES, FL 33134-5111
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2019
$12,380,500
Kenne Re LLC
Bre Apex Tps Fl LLC
Special Warranty Deed
$10,250,000 · Starwood Mortgage Capital LLC
Mar 3, 2016
$10,200,000
Bre Apex Tps Fl LLC
Three Village Hotel Assocs LP
Grant Deed
$6,450,000 · * Other Institutional Lenders
Dec 8, 2000
—
Three Village Hotel Assoc LP
East Colonial Property INC
Quit Claim Deed
related
$5,350,000 · Compass Bank
Nov 6, 2000
$1,154,000
East Colonial Property INC
Towneplace Management Corp
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.
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 1545 3rd Vlg Rd?
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.
