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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Motels
2700 Cherry Ln Fort Worth, TX 76116-3934
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US83-4148164
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Total area
44,390 SF
Lot
2.12 ac (92,347 SF)
APN
45950-2-D1
UPID
US83-4148164
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
-
2700 Cherry Lane LLC Professional Services
-
Universal EV Charging Station Electric Vehicle Charging Station
-
Quality Inn West Fort Worth Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Sai Fort Worth Hotel LLC · 8 yrs held
Sai Fort Worth Hotel LLC
since 2017
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,215,000
Current use
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$21 / 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
$91,642
Tax year 2023
Assessed value
$3,678,000
Assessed 2024
Previous assessed
$4,050,000
-9.2% YoY
Effective rate
2.49%
On assessed value
Assessed land
$369,388
Assessed improvement
$3,308,612
Land market value
$369,388
Improvement market value
$3,308,612
Total market value
$3,678,000
Applied tax rate
223.0000
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
Heating
NONE
Stories
3
Total area
44,390 SF
Lot
2.12 ac (92,347 SF)
APN
45950-2-D1
UPID
US83-4148164
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
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
$1.2M
HOTEL/MOTEL Current
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
Heating
NONE
Stories
3
Lot
2.12 ac
Current owner
From public records · entity-resolved
Sai Fort Worth Hotel LLC
Entity
Mailing address
2700 CHERRY LN, FORT WORTH, TX 76116-3934
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Feb 22, 2022
—
Sai Fort Worth Hotel LLC
—
Deed
related
$200,000 · United States Small Business Admin
Dec 5, 2017
—
Sai Fort Worth Hotel LLC
Exotica Landscapes LLC
Venders Lien
$3,680,000 · Commonwealth Business Bank
Dec 9, 2014
—
Exotica Landscapes LLC
Sandalwood Hospitality LP
Grant Deed
$2,650,000 · State Bk/tx
Apr 20, 2011
—
Sandalwood Hospitality LP
Esquire Hospitality Mgmt LLC
Grant Deed
—
Apr 5, 2011
$2,125,000
Esquire Hospitality Mgmt LLC
Murray,karen E
Trustees Deed
related
—
Jul 27, 2006
—
Gary Perez
Texas Jai Shri Ram Hotel Group LLC
Venders Lien
$2,137,500 · Zions First National Bank
Feb 3, 2003
—
Texas Jai Shri Ram Hotel Group
Eqi Financing Partnership I LP
Grant Deed
$1,625,000 · State Bank Of Texas
—
—
2700 Cherry Lane LLC
—
Deed Of Trust
$1,474,000 · Capital Certified Dev Corp
—
—
Sandalwood Hospitality LP
—
Deed Of Trust
related
$1,500,000 · Golden 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.
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