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Property profile & analytics
OFF-MARKET
Estimated value
$2,770,000
Motels
295 Atlantic Ave Ormond Beach, FL 32176-8147
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9043241
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
CONCRETE
Total area
29,694 SF
Lot
0.95 ac (41,250 SF)
Zoning code
B6
APN
4214-05-19-0020
UPID
US18-9043241
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
-
Quality Inn Oceanfront Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.77M
Owner & transaction history
Bwi Investment LLC · 5 yrs held
Bwi Investment LLC
since 2020
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
B6 · Ormond Beach, FL
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 Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond 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
$2,380,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.77M
Range $2.49M – $3.05M · ±10% · vs last sale $3.53M (Dec 10 2020)
Last sale anchor
$3.53M
Dec 10 2020
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
$93 / 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
$47,386
Tax year 2023
Assessed value
$3,107,828
Assessed 2023
Previous assessed
$2,626,605
+18.3% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,856,250
Assessed improvement
$1,251,578
Land market value
$1,856,250
Improvement market value
$1,251,578
Total market value
$3,107,828
Applied tax rate
201.0000
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
1969
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
54
Bathrooms
61
Total area
29,694 SF
Lot
0.95 ac (41,250 SF)
Zoning code
B6
APN
4214-05-19-0020
UPID
US18-9043241
Jurisdiction
VOLUSIA
Zoning & alternative use
B6 · Ormond Beach, FL
Zoning B6 · permitted uses
B6 · Ormond Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ormond Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
54
Bathrooms
61
Lot
0.95 ac
Current owner
From public records · entity-resolved
Bwi Investment LLC
Entity
Mailing address
295 S ATLANTIC AVE, ORMOND BEACH, FL 32176-8147
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
—
Bwi Investment LLC
—
Deed
related
$2,852,700 · Enterprise Bank & Trust
Dec 10, 2020
$3,525,000
Bwi Investment LLC
295 South Atlantic LLC
Grant Deed
$2,525,000 · 295 South Atlantic LLC
Jan 4, 2012
$1,312,500
295 South Atlantic LLC
Jpmc 2007-ldp10 Ormond Bch Por
Grant Deed
—
May 25, 2011
—
2007-ldp10 Ormond Bch Por Jpmc
Kapila,soneet R
Grant Deed
—
Feb 14, 2007
—
B & G Ormond Beach Land Trust
Bhoola,mohan
Grant Deed
—
—
—
Bhoola Arvind J Trust
—
Deed Of Trust
related
$450,000 · Cypress Coquina 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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