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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Hotels
2960 Colonial Blvd Fort Myers, FL 33966-1011
Individually Owned
11-yr Hold
Free & Clear
Property ID
US18-1756689
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Construction
FRAME
Total area
20,146 SF
Lot
1.99 ac (86,684 SF)
Zoning code
C1
APN
06-45-25-P1-00062.0010
UPID
US18-1756689
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
-
Residence Inn Fort Myers Hotel & Motel
-
2960 Colonial Blvd. Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Arc Hospitality Portfolio I Ow · 11 yrs held
Arc Hospitality Portfolio I Ow
since 2015
5 recorded transactions
Zoning & alternative use
C1 · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±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
$80 / 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
$188,011
Tax year 2023
Assessed value
$13,315,094
Assessed 2023
Previous assessed
$9,090,332
+46.5% YoY
Effective rate
1.41%
On assessed value
Assessed land
$2,781,529
Assessed improvement
$10,533,565
Land market value
$2,781,529
Improvement market value
$10,533,565
Total market value
$13,315,094
Applied tax rate
90.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
3
Bathrooms
78
Total area
20,146 SF
Lot
1.99 ac (86,684 SF)
Zoning code
C1
APN
06-45-25-P1-00062.0010
UPID
US18-1756689
Jurisdiction
LEE
Zoning & alternative use
C1 · Fort Myers, FL
Zoning C1 · permitted uses
C1 · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Bathrooms
78
Lot
1.99 ac
Current owner
From public records · entity-resolved
Arc Hospitality Portfolio I Ow
Individual
Free & Clear · 11 yrs held
Mailing address
11325 RANDOM HLS RD STE #360, FAIRFAX, VA 22030-0972
Ownership since
2015
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
Jun 6, 2019
—
Hit Portfolio I Owner LLC
—
Loan Modification
related
$870,000,000 · Morgan Stanley Bk
May 12, 2017
—
Hit Portfolio I Owner LLC
—
Loan Modification
related
$805,000,000 · Deutsche Bk Ag
Mar 12, 2015
$10,445,300
Arc Hospitality Portfolio I Ow
W2007 Equity Inns Realty LLC
Grant Deed
—
Nov 21, 2007
—
W2007 Equity Inns Realty LLC
W2007 Equity Inns Ptshp
Quit Claim Deed
—
Jun 24, 2005
$512,000
Equity Inns Ptshp
Mckibbon Brothers INC
Grant Deed
—
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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