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Property profile & analytics
OFF-MARKET
Estimated value
$2,680,000
Motels
2307 Busch Blvd Tampa, FL 33612-8407
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-0975561
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,144 SF
Lot
2.15 ac (93,829 SF)
Zoning code
CG
APN
A20281945P000000000471
UPID
US18-0975561
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
-
Rodeway Inn Tampa Near Busch Gardens-Usf Hotel & Motel
-
Eleven 7 Smokes (Bike/Boat/Book/etc) Store
-
Hamilton Spotless Cleaning Services Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.68M
Owner & transaction history
Dk Hospitality LLC · 9 yrs held
Dk Hospitality LLC
since 2016
7 recorded transactions
Zoning & alternative use
CG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.3M
+5.3%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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%
$2,270,000
6.5%
$2,095,000
7%
$1,945,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,055,000
Current use
AUTO REPAIR, GARAGE
$4,275,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$2.68M
Range $2.41M – $2.95M · ±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
$121 / 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
$62,988
Tax year 2023
Assessed value
$3,142,800
Assessed 2023
Previous assessed
$2,988,200
+5.2% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,258,453
Assessed improvement
$1,884,347
Land market value
$1,258,453
Improvement market value
$1,884,347
Total market value
$3,142,800
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Units
52
Rooms
108
Bathrooms
109
Total area
22,144 SF
Lot
2.15 ac (93,829 SF)
Zoning code
CG
APN
A20281945P000000000471
UPID
US18-0975561
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Tampa, FL
Zoning CG · permitted uses
CG · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$4.3M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
52
Rooms
108
Bathrooms
109
Lot
2.15 ac
Current owner
From public records · entity-resolved
Dk Hospitality LLC
Entity
Mailing address
925 TIMBER ISLE DR, ORLANDO, FL 32828-6913
Ownership since
2016
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
Jul 31, 2025
—
Dk Hospitality LLC
—
Deed
related
$500,000 · United States Small Business Admin
Nov 17, 2022
—
Dk Hospitality LLC
—
Deed
related
$354,000 · First Citrus Bank
Dec 2, 2016
$3,720,000
Dk Hospitality LLC
Shiv Om Hospitality LLC
Special Warranty Deed
$1,155,210 · First Citrus Bank
Oct 31, 2014
$2,295,000
Shiv Om Hospitality LLC
Fmw Rri I LLC
Grant Deed
$1,479,677 · Jefferson Bk/fl
Sep 15, 2011
$1,480,063
Fmw Rri I LLC
R-roof Vi LLC
Grant Deed
—
Sep 28, 2007
$4,342,900
R Roof Vi LLC
Third Berkshire Properties LLC
Special Warranty Deed
$160,000,000 · Bear Stearns Commercial Mortgage In
Jan 27, 2000
$2,894,600
Third Berkshire Properties LLC
Red Roof Inns INC
Grant Deed
—
—
—
Shiv Om Hospitality LLC
—
Deed Of Trust
related
$1,479,677 · Jefferson Bk/fl
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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