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Property profile & analytics
OFF-MARKET
Estimated value
$9,160,000
Hotels
238 Line Dr Apopka, FL 32703-4823
Entity Owned
~
Est. High Equity
Property ID
US18-2868816
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Total area
52,356 SF
Lot
1.61 ac (69,931 SF)
Zoning code
PUD
APN
12-21-28-0165-02-000
UPID
US18-2868816
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Holiday Inn Express & Suites Orlando - Apopka Hotel & Motel
-
Rollins college College
-
Thrifty Car Rental - Holiday Inn Express Hle Tsh TLE Car Rental Facility
-
Hertz Car Rental - Apopka - Holiday Inn Express & Suites Apopka HLE Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.20M
Comparable Approach
Comparable
$9.76M
Blend (final)
Blend
$9.16M
Owner & transaction history
Isha Of Milford LLC
Isha Of Milford LLC
since 2026
7 recorded transactions
Zoning & alternative use
PUD · Apopka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.9M
+2.6%
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 Apopka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apopka 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%
$6,715,000
6.5%
$6,200,000
7%
$5,755,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$13,590,000
Current use
RETAIL STORES
$13,945,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$9.16M
Range $8.24M – $10.08M · ±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
$175 / 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
$99,813
Tax year 2023
Assessed value
$6,638,479
Assessed 2023
Previous assessed
$6,063,648
+9.5% YoY
Effective rate
1.50%
On assessed value
Assessed land
$808,500
Assessed improvement
$5,829,979
Land market value
$808,500
Improvement market value
$5,829,979
Total market value
$6,638,479
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
Status
Off-Market
Year built
2010
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
5
Units
77
Rooms
81
Total area
52,356 SF
Lot
1.61 ac (69,931 SF)
Zoning code
PUD
APN
12-21-28-0165-02-000
UPID
US18-2868816
Jurisdiction
ORANGE
Zoning & alternative use
PUD · Apopka, FL
Zoning PUD · permitted uses
PUD · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apopka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$13.6M
RETAIL STORES
Est. value
$13.9M
HOTEL/MOTEL Current
RETAIL STORES
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
2010
Heating
FORCED AIR
Cooling
Yes
Stories
5
Units
77
Rooms
81
Lot
1.61 ac
Current owner
From public records · entity-resolved
Isha Of Milford LLC
Entity
Mailing address
13714 LONGWOOD REACH DR, TOMBALL, TX 77377-2869
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
$10,750,000
Isha Of Milford LLC
Icon Hotels LLC
Special Warranty Deed
$5,000,000 · Gbank
Mar 15, 2019
—
Icon Hotels LLC
—
Deed
related
$4,830,350 · Ameris Bk
Dec 11, 2018
—
Icon Hotels LLC
—
Deed
related
$2,920,033 · Ameris Bk
Dec 7, 2017
$7,110,000
Icon Hotels LLC
Big K INC
Warranty Deed
$4,830,350 · Atlantic Coast Bank
Sep 26, 2007
$3,000,000
Big K INC
Esfahani,ray
Warranty Deed
—
May 11, 2001
$150,000
Ray Esfahani
Taunton,richard H & Marilyn
Grant Deed
$149,560 · Richard H & Marilyn
—
—
Icon Hotels LLC
—
Deed Of Trust
related
$4,830,350 · Ameris Bk
—
—
Icon Hotels LLC
—
Loan Modification
related
$2,434,210 · Ameris Bk
—
—
Big K INC
—
Deed Of Trust
related
$3,900,000 · Urban Tr Bk
—
—
Big K INC
—
Loan Modification
related
$3,900,000 · Urban Tr Bk
—
—
Icon Hotels LLC
—
Loan Modification
related
$2,920,033 · Ameris Bk
—
—
Ray Esfahani
—
Deed Of Trust
related
$79,000 · Bank Of America
—
—
Ray Esfahani
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Ray Esfahani
—
Deed Of Trust
related
$76,000 · Bank Of America
—
—
Ray Esfahani
—
Deed Of Trust
related
$266,000 · Bank Of America
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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