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Property profile & analytics
OFF-MARKET
Estimated value
$20,445,000
Motels
1853 Mccoy Rd Belle Isle, FL 32809-7817
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-0156456
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Total area
37,289 SF
Lot
4.22 ac (183,744 SF)
Zoning code
C-1
APN
30-23-30-0000-00-012
UPID
US18-0156456
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.45M
Owner & transaction history
Capital Lodging LLC · 10 yrs held
Capital Lodging LLC
since 2015
7 recorded transactions
Zoning & alternative use
C-1 · Belle Isle, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The retail commercial district is composed of lands and structures used primarily to provide for the retailing of commodities and the furnishing of selected services, The regulations for the retail commercial district are intended to permit and encourage a full development of essential commercial uses, at the same time, however, protecting nearby residential…
Zone name
Retail Commercial
General category
COMMERCIAL
Zone area
73.70 ac
Source
Realmo
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 Belle Isle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belle Isle 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
$29,340,000
Current use
Blend value · Realmo final
$20.45M
Range $18.40M – $22.49M · ±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
$548 / 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
$110,011
Tax year 2023
Assessed value
$6,458,069
Assessed 2023
Previous assessed
$6,633,040
-2.6% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,940,400
Assessed improvement
$4,517,669
Land market value
$1,940,400
Improvement market value
$4,517,669
Total market value
$6,458,069
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
1988
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
3
Units
66
Rooms
175
Total area
37,289 SF
Lot
4.22 ac (183,744 SF)
Zoning code
C-1
APN
30-23-30-0000-00-012
UPID
US18-0156456
Jurisdiction
ORANGE
Zoning & alternative use
C-1 · Belle Isle, FLZoning C-1 · permitted uses
C-1 · Belle Isle, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The retail commercial district is composed of lands and structures used primarily to provide for the retailing of commodities and the furnishing of selected services, The regulations for the retail commercial district are intended to permit and encourage a full development of essential commercial uses, at the same time, however, protecting nearby residential properties from adverse effects of commercial activity
Zone name
Retail Commercial
General category
COMMERCIAL
Zone area
73.70 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$29.3M
HOTEL/MOTEL Current
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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
4
Units
66
Rooms
175
Lot
4.22 ac
Current owner
From public records · entity-resolved
Capital Lodging LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1437 LONG MDW WAY, WINDERMERE, FL 34786-6086
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2026
—
Capital Lodging LLC
—
Deed
related
$7,000,000 · The Rahim S Dhanji Living Trust
Feb 5, 2025
—
Capital Lodging LLC
—
Deed
related
$1,000,000 · The Ramzan Dhanji Living Trust
Dec 15, 2015
$4,593,800
Capital Lodging LLC
Emerald Eagles LP
Grant Deed
—
Jan 25, 2012
$1,690,100
Emerald Eagles LP
Lee,leo Y Coc
Trustees Deed
related
—
Mar 29, 2006
$9,888,900
Lee 2003 Family Trust
C & P Global Ent INC
Warranty Deed
$6,000,000 · Far East National Bank
Mar 2, 2005
$7,000,000
C & P Global Ent INC
Kalson Properties
Warranty Deed
$3,619,000 · Main Street Bank
—
—
Emerald Eagles LP
—
Deed Of Trust
related
$1,920,000 · First Green Bank
—
—
Emerald Eagles LP
—
Deed Of Trust
related
$250,000 · Intracoastal 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.
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