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Property profile & analytics
OFF-MARKET
Estimated value
$11,340,000
Motels
2401 Mayport Rd Atlantic Beach, FL 32233-6368
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0470956
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,402 SF
Lot
2.46 ac (107,287 SF)
Zoning code
ACG
APN
169398-0300
UPID
US18-0470956
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
$10.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.32M
Blend (final)
Blend
$11.34M
Owner & transaction history
Atlantic Beach Hospitality I LLC · 3 yrs held
Atlantic Beach Hospitality I LLC
since 2023
Last sale
$12.3M
5 recorded transactions
Zoning & alternative use
ACG · Atlantic Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.7M
+48.2%
Medical building
$8.8M
+34.3%
Auto repair, garage
$8.2M
+25.3%
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 Atlantic Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic Beach 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
$12,665,000
ML approach
$10,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,685,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$8,775,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,190,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$7,455,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$6,950,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$11.34M
Range $10.21M – $12.47M · ±10% · vs last sale $12.30M (Feb 2 2023)
Last sale anchor
$12.30M
Feb 2 2023
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
$295 / 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
$105,223
Tax year 2023
Assessed value
$8,966,100
Assessed 2023
Previous assessed
$5,056,200
+77.3% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,071,260
Assessed improvement
$7,894,840
Land market value
$1,071,260
Improvement market value
$7,894,840
Total market value
$8,966,100
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
3
Rooms
108
Bathrooms
338
Total area
38,402 SF
Lot
2.46 ac (107,287 SF)
Zoning code
ACG
APN
169398-0300
UPID
US18-0470956
Jurisdiction
DUVAL
Zoning & alternative use
ACG · Atlantic Beach, FL
Zoning ACG · permitted uses
ACG · Atlantic Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$9.7M
MEDICAL BUILDING
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$8.2M
OFFICE BUILDING
Est. value
$7.5M
RETAIL STORES
Est. value
$7.0M
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
108
Bathrooms
338
Lot
2.46 ac
Current owner
From public records · entity-resolved
Atlantic Beach Hospitality I LLC
Entity
Mailing address
2401 MAYPORT RD, ATLANTIC BEACH, FL 32233-6368
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2023
$12,300,000
Atlantic Beach Hospitality I LLC
Atlantic Beach Lodging LLC
Special Warranty Deed
$6,284,000 · Poppy Bank
Apr 9, 2020
—
Atlantic Beach Lodging LLC
—
Deed
related
$4,449,000 · Community First FCU
Jul 2, 2007
$4,780,000
United Hotel Group LLC
Affiliated American Inns Ltd
Special Warranty Deed
$4,335,000 · Branch Banking And Trust Co
—
—
United Hotel Group LLC
—
Deed Of Trust
related
$2,000,000 · Community Cu
—
—
Atlantic Beach Lodging LLC
—
Deed Of Trust
related
$4,449,000 · Community First FCU
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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