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Property profile & analytics
OFF-MARKET
Motels
1955 Hatbill Rd Mims, FL 32754-5904
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0640801
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,622 SF
Lot
20 ac (871,200 SF)
Zoning code
AGR
APN
21-34-20-00-00751.0-0000.00
UPID
US19-0640801
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
-
Loughman Lake Lodge Waterfront Restaurant Restaurant
-
Loughman Lakeside Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lake Loughman LLC · 6 yrs held
Lake Loughman LLC
since 2020
Last sale
$288,000
5 recorded transactions
Zoning & alternative use
AGR · Mims, 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 Mims submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mims 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,228
Tax year 2023
Assessed value
$357,590
Assessed 2023
Previous assessed
$357,590
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$79,750
Assessed improvement
$277,840
Land market value
$79,750
Improvement market value
$277,840
Total market value
$357,590
Applied tax rate
1,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Units
3
Total area
1,622 SF
Lot
20 ac (871,200 SF)
Zoning code
AGR
APN
21-34-20-00-00751.0-0000.00
UPID
US19-0640801
Jurisdiction
BREVARD
Zoning & alternative use
AGR · Mims, FL
Zoning AGR · permitted uses
AGR · Mims, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mims. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
20 ac
Current owner
From public records · entity-resolved
Lake Loughman LLC
Entity
Mailing address
3 INDIAN RIV AVE APT #306, TITUSVILLE, FL 32796-5819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
$1,000,000
Lake Loughman LLC
Loughman Lk Lodge Hldgs LLC
Grant Deed
$750,000 · Loughman Lk Lodge Hldgs LLC
Apr 1, 2019
$288,000
Loughman Lk Lodge Hldgs LLC
Joseph & Jacksons LLC
Grant Deed
—
Dec 13, 2010
$2,500,000
Joseph & Jacksons LLC
Griffith,w Duane JR & Melinda L
Grant Deed
—
Jan 25, 2005
$1,060,000
W D Griffith JR.
Stpierre,neil J
Warranty Deed
—
—
—
Griffith W D
—
Deed Of Trust
related
$1,000,000 · Bankfirst
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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