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Property profile & analytics
OFF-MARKET
Estimated value
$8,485,000
Hotels
240 Hwy 287 Florence, AZ 85132
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0567211
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Construction
STEEL FRAME
Total area
56,028 SF
Lot
2.44 ac (106,286 SF)
APN
202-06-001N
UPID
US07-0567211
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
$9.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.49M
Owner & transaction history
Store Master Funding Xxi LLC · 4 yrs held
Store Master Funding Xxi LLC
since 2021
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.0M
+50.1%
Auto repair, garage
$9.0M
+50.1%
Retail stores
$8.2M
+37.0%
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$8,640,000
ML approach
$9,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,000,000
Current use
OFFICE BUILDING
$9,010,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,005,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$8,220,000
Change: +37% · Conversion: Difficult
RESTAURANT
$7,265,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,775,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,360,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$8.49M
Range $7.64M – $9.33M · ±10% · vs last sale $8.00M (Aug 16 2021)
Last sale anchor
$8.00M
Aug 16 2021
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
$151 / 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
$101,934
Tax year 2023
Assessed value
$1,110,140
Assessed 2025
Previous assessed
$1,154,908
-3.9% YoY
Effective rate
9.18%
On assessed value
Assessed land
$76,526
Assessed improvement
$1,033,614
Land market value
$425,146
Improvement market value
$5,742,299
Total market value
$6,167,445
Applied tax rate
126.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
3
Total area
56,028 SF
Lot
2.44 ac (106,286 SF)
APN
202-06-001N
UPID
US07-0567211
Jurisdiction
PINAL
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
HOTEL/MOTEL Current
Est. value
$6.0M
OFFICE BUILDING
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$9.0M
RETAIL STORES
Est. value
$8.2M
RESTAURANT
Est. value
$7.3M
COMMERCIAL (GENERAL)
Est. value
$6.8M
WAREHOUSE, STORAGE
Est. value
$6.4M
HOTEL/MOTEL Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
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
2007
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
3
Lot
2.44 ac
Current owner
From public records · entity-resolved
Store Master Funding Xxi LLC
Entity
Mailing address
8377 E HARTFORD DR STE #100, SCOTTSDALE, AZ 85255-5686
Ownership since
2021
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
Aug 16, 2021
$8,000,000
Store Master Funding Xxi LLC
Pro Hospitality Eight LLC
Warranty Deed
$10,000 · Citibank NA
Jan 30, 2019
$6,300,000
Pro Hospitality Eight LLC
Gti Florence LLC
Grant Deed
$4,400,000 · Revere Credit Opportunities Fu
Dec 22, 2017
—
Gti Florence LLC
—
Deed
related
$4,000,000 · Bank Of East Asia
Mar 18, 2016
$5,850,000
Gti Florence LLC
Pinal Hotel Az 1 LLC
Warranty Deed
$3,510,000 · Bank Of East Asia
Mar 25, 2011
$5,200,000
Pinal Hotel Az 1 LLC
Hie Servicing LLC
Grant Deed
$3,879,200 · Metro Phoenix Bank
Oct 20, 2010
$5,014,227
Hie Servicing LLC
Phoenix Settlement Svcs
Trustees Deed
related
$3,003,000 · Vestin Realty Mortgage
Jun 28, 2007
—
Sunrise Hospitality LLC
—
Trustees Deed
related
$5,510,000 · Choice Bank INC
Jun 20, 2007
—
Sunrise Hospitality LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Gti Florence LLC
—
Deed Of Trust
related
$4,000,000 · Bank Of East Asia
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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