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    Property profile & analytics

    15920 Us Hwy 441 Alachua, FL 32615-4890

    • Motels
    • 22,455 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $2,420,000
    Last Sale
    Apr 01, 2024
    $2,450,000
    Location Intelligence
    Property ID
    US18-3771757
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • High Springs Inn / Hotel
    • Hotel Alachua West / Hotel

    Property Details for 15920 Us Hwy 441

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.73 lot acres
    Property size
    22,455 SF
    Zone code
    CI
    Property type
    Motels
    APN
    03066-008-001
    APU
    3066008001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,670,000
      6.5%
      $2,660,000
      7%
      $2,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,410,000
      Geo Method
      $2,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,030,000
      Retail
      $2,430,000
      Mixed-Use
      $2,555,000
      Hospitality
      $2,200,000
      Educational
      $2,625,000
      Residential Income
      $2,725,000
      Energy
      $2,050,000
      Income-Based Land
      $2,300,000
      Food Service
      $2,080,000

    Location Insight

    • Map
    • Local Demand
    City
    Alachua
    County
    Alachua
    State
    Florida
    Longitude
    -82.5093
    Latitude
    29.8002
    CBSA code
    23540
    CBSA name
    GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $261,133
    $492,211
    $985,389
    $1,477,600
    -
    $492,211
    $985,389
    $1,477,600

    Comparable in this City

    • Value Estimation by Request
      64,076 SF

      15930 163rd Ln

      HOTEL/MOTEL • 64,076 SF
      15930 163rd Ln, Alachua, FL 32615-5357
      View Details
    • Value Estimation
      $1,415,000
      18,608 SF

      16305 162nd Ln

      HOTEL/MOTEL • 18,608 SF
      16305 162nd Ln, Alachua, FL 32615-5215
      View Details
    • Value Estimation
      $400,000
      26,000 SF

      18420 County Rd 236

      HOTEL/MOTEL • 26,000 SF
      18420 County Rd 236, Alachua, FL 32615
      View Details
    • Value Estimation by Request
      56,468 SF

      16367 167th Blvd

      HOTEL/MOTEL • 56,468 SF
      16367 167th Blvd, Alachua, FL 32615-6592
      View Details
    • Value Estimation by Request
      32,614 SF

      15960 Us Hwy 441

      MOTEL • 32,614 SF
      15960 Us Hwy 441, Alachua, FL 32615-4890
      View Details
    • Value Estimation by Request
      16,896 SF

      16100 Us Hwy 441

      MOTEL • 16,896 SF
      16100 Us Hwy 441, Alachua, FL 32615-6394
      View Details

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      Cowork units available for rent in Alachua, Florida.
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      1,800 SF

      Alachua Drive-Thru Retail Opportunity

      High-traffic location, 1,800 sq ft building
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      Alachua Office Space for Lease

      4,000 SF Executive Office Suite
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      View Details
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    Alachua, FL 32615-4890
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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