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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Hotels
2115 Main St Fort Myers, FL 33901-3009
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-1796850
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2009
Construction
CONCRETE
Total area
6,594 SF
Lot
0.17 ac (7,299 SF)
Zoning code
U-CTR
APN
13-44-24-P4-00406.001C
UPID
US18-1796850
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
$470k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Laxmi Lodging Florida LLC · 8 yrs held
Laxmi Lodging Florida LLC
since 2018
7 recorded transactions
Zoning & alternative use
U-CTR · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$470,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$595,000
7%
$550,000
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$102 / 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
$76,218
Tax year 2023
Assessed value
$5,570,584
Assessed 2023
Previous assessed
$6,386,480
-12.8% YoY
Effective rate
1.37%
On assessed value
Assessed land
$267,868
Assessed improvement
$5,302,716
Land market value
$267,868
Improvement market value
$5,302,716
Total market value
$5,570,584
Applied tax rate
91.0000
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/MOTEL
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
9
Bathrooms
225
Total area
6,594 SF
Lot
0.17 ac (7,299 SF)
Zoning code
U-CTR
APN
13-44-24-P4-00406.001C
UPID
US18-1796850
Jurisdiction
LEE
Zoning & alternative use
U-CTR · Fort Myers, FL
Zoning U-CTR · permitted uses
U-CTR · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
9
Bathrooms
225
Lot
0.17 ac
Current owner
From public records · entity-resolved
Laxmi Lodging Florida LLC
Entity
Free & Clear · 8 yrs held
Mailing address
103 S GODLEY STA BLVD, POOLER, GA 31322-4416
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2018
$9,325,000
Laxmi Lodging Florida LLC
Back Bay Resorts Swf LLC
Grant Deed
—
Mar 16, 2015
—
Back Bay Resorts Swf LLC
Hospitality Dev Partners LLC
Quit Claim Deed
related
—
May 16, 2011
$4,500,000
Back Bay Resorts Swf LLC
Special Acquisitions Vi INC
Grant Deed
—
Sep 26, 2007
—
Doc Ft Myers II LLC
—
Trustees Deed
related
—
Sep 18, 2007
$7,200
Doc Ft Myers II LLC
City Of Fort Myers
Quit Claim Deed
related
—
Dec 27, 2006
$1,000,000
Doc Ft Myers II LLC
Hospitality Dev Partners LLC
Warranty Deed
—
May 25, 2005
—
Hospitality Dev Partners LLC
Economou Thomas V
Quit Claim Deed
related
—
Oct 2, 1997
$500
Jeffries,alicia K
Cooley Trust
Trustees Deed
related
—
Jun 13, 1997
$1,300
T R Terry
Mauney,lou D
Grant Deed
related
—
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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