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Property profile & analytics
OFF-MARKET
Estimated value
$6,965,000
Hotels
1565 Broadway Ave Bartow, FL 33830-3317
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-3243836
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Total area
40,855 SF
Lot
1.51 ac (65,906 SF)
Zoning code
C-3
APN
252931362500008021
UPID
US18-3243836
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
-
Holiday Inn Express & Suites Bartow, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.48M
Blend (final)
Blend
$6.97M
Owner & transaction history
Orlando Balaji LLC · 9 yrs held
Orlando Balaji LLC
since 2017
4 recorded transactions
Zoning & alternative use
C-3 · Bartow, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$11.6M
+25.2%
Auto repair, garage
$9.9M
+7.6%
Office building
$9.8M
+6.1%
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 Bartow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartow 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
$9,240,000
Current use
COMMERCIAL (GENERAL)
$11,575,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,945,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$9,805,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,485,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$6.97M
Range $6.27M – $7.66M · ±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
$170 / 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
$74,526
Tax year 2023
Assessed value
$3,734,795
Assessed 2023
Previous assessed
$3,734,795
+0.0% YoY
Effective rate
2.00%
On assessed value
Total market value
$3,734,795
Applied tax rate
90,310.0000
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
Status
Off-Market
Year built
2006
Heating
NONE
Stories
4
Units
1
Bathrooms
1
Total area
40,855 SF
Lot
1.51 ac (65,906 SF)
Zoning code
C-3
APN
252931362500008021
UPID
US18-3243836
Jurisdiction
POLK
Zoning & alternative use
C-3 · Bartow, FL
Zoning C-3 · permitted uses
C-3 · Bartow, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bartow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$11.6M
AUTO REPAIR, GARAGE
Est. value
$9.9M
OFFICE BUILDING
Est. value
$9.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.5M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2006
Heating
NONE
Stories
4
Units
1
Bathrooms
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Orlando Balaji LLC
Entity
Mailing address
1565 N BROADWAY AVE, BARTOW, FL 33830-3317
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Feb 24, 2017
—
Orlando Balaji LLC
—
Deed
related
$2,170,000 · Citizens Bk
May 3, 2006
—
Orlando Balaji LLC
—
Trustees Deed
related
$350,035 · Big Lake National Bank
Apr 27, 2005
—
Orlando Balaji LLC
—
Trustees Deed
related
$3,100,000 · Big Lake National Bank
—
—
Orlando Balaji LLC
—
Deed Of Trust
related
$2,170,000 · Citizens 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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