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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Hotels
2277 Byron Butler Pkwy Perry, FL 32348-6103
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US19-0902947
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,860 SF
Lot
1.73 ac (75,359 SF)
APN
36-04-07-05733-000
UPID
US19-0902947
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
-
Regency Inn Perry Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Global 14 LLC · 7 yrs held
Global 14 LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Perry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry 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
$1,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,145,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,850,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,575,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,010,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±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
$77 / 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
$12,910
Tax year 2023
Assessed value
$1,498,880
Assessed 2023
Previous assessed
$800,030
+87.4% YoY
Effective rate
0.86%
On assessed value
Assessed land
$290,130
Assessed improvement
$1,208,750
Land market value
$290,130
Improvement market value
$1,208,750
Total market value
$1,498,880
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Total area
16,860 SF
Lot
1.73 ac (75,359 SF)
APN
36-04-07-05733-000
UPID
US19-0902947
Jurisdiction
TAYLOR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.0M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Buildings
3
Lot
1.73 ac
Current owner
From public records · entity-resolved
Global 14 LLC
Entity
Mailing address
407 NW FRST MDWS AVE, LAKE CITY, FL 32055-4863
Ownership since
2019
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
Jan 27, 2023
—
Global 14 LLC
—
Deed
related
$700,000 · Lafayette State Bank
Jun 21, 2022
—
Global 14 LLC
—
Deed
related
$50,000 · Lafayette State Bank
May 10, 2022
—
Global 14 LLC
—
Deed
related
$820,000 · Lafayette State Bank
Feb 15, 2019
$1,050,000
Global 14 LLC
Jay Mahabharat INC
Warranty Deed
$875,500 · Celtic Bank Corporation
Sep 12, 2006
$1,350,000
Jay Mahabharat INC
Laxmi Kantam INC
Warranty Deed
$1,388,000 · Peoplessouth Bank
Jan 29, 1998
$850,000
Cypress Restaurants INC
David Shapiro & Company
Grant Deed
$8,802,000 · Finova Capital Corp
Dec 11, 1997
$1,240,000
Laimi Kantam INC
David Shapiro & Co INC
Grant Deed
$1,000,000 · Citizens Bank Perry
—
—
Jay Mahabharat INC
—
Loan Modification
related
$1,388,000 · Peoplessouth Bk
—
—
Jay Mahabharat INC
—
Deed Of Trust
related
$312,238 · Peoples South 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.
Try Rey
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