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    Property profile & analytics

    3260 Us Hwy 98th N Lakeland, FL 33805-2144

    • Hotels
    • 75,296 SF
    • 3.90 lot acres
    OFF-MARKET
    Value Estimation
    $5,835,000
    Last Sale
    Jan 08, 2020
    $5,100,000
    Location Intelligence
    Property ID
    US18-3190608
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Quality Inn Lakeland North / Hotel
    • Ramada Inn Lakeland / Indoor Lodging
    • Curry Leaves Indian Cuisine (Lakeland) / Restaurant
    • Roxbury Restaurant & Lounge / Restaurant / Lounge

    Property Details for 3260 Us Hwy 98th N

    Year built
    1975
    Lot size
    3.90 lot acres
    Property size
    75,296 SF
    Zone code
    C-2
    Property type
    Hotels
    APN
    232801000000033370
    APU
    232801000000033370

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,820,000
      6.5%
      $5,015,000
      7%
      $4,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,230,000
      Geo Method
      $4,980,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,755,000
      Retail
      $5,255,000
      Mixed-Use
      $4,660,000
      Hospitality
      $5,430,000
      Educational
      $5,060,000
      Residential Income
      $5,135,000
      Energy
      $5,745,000
      Income-Based Land
      $5,155,000
      Food Service
      $5,230,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9703
    Latitude
    28.0834
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $83,537
    $0.00
    $0.00
    $4,582,466
    -
    $0.00
    $0.00
    $4,582,466

    Comparable in this City

    • Value Estimation
      $490,000
      14,355 SF

      1025 Lakeshore Dr

      MOTEL • 14,355 SF
      1025 Lakeshore Dr, Lakeland, FL 33805-4607
      View Details
    • Value Estimation by Request
      1.24 Acres

      1335 Bell Ave

      Multifamily properties • 1.24 Acres
      1335 Bell Ave, Lakeland, FL 33805
      View Details
    • Value Estimation
      $5,875,000
      8,012 SF

      3120 Us Hwy 98th N

      MOTEL • 8,012 SF
      3120 Us Hwy 98th N, Lakeland, FL 33805-2104
      View Details
    • Value Estimation by Request
      43,536 SF

      4000 Florida Ave

      MOTEL • 43,536 SF
      4000 Florida Ave, Lakeland, FL 33805-1925
      View Details
    • Value Estimation
      $550,000
      12,636 SF

      512 Julius T Horney Dr

      MOTEL • 12,636 SF
      512 Julius T Horney Dr, Lakeland, FL 33805
      View Details
    • Value Estimation
      $2,200,000
      25,375 SF

      515 Bon Air St

      MOTEL • 25,375 SF
      515 Bon Air St, Lakeland, FL 33805-4638
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Lakeland Commercial Land for Sale

      Prime 1.4-acre commercial pad, I-4 & SR 33
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      1.15 Acres

      Lakeland Commercial Land, 1.15 Acres

      Prime 1.15-acre commercial lot in Lakeland, FL
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      3.67 Acres

      Lakeland Retail Land - 3 Parcels

      Three pad-ready lots, ideal retail location.
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    • $1,160,000

      Commercial Land Ready for Development

      Pad-ready commercial sites ideal for retail and hotel development.
      Bridgewater Center Dr, Lakeland, FL 33805
      View Details
    • $2,500,000
      2,454 SF

      Lakeland Multifamily Development Opportunity

      Pre-construction multifamily development package in Lakeland, Florida.
      1205 Neville Ave, Lakeland, FL 33805
      View Details
    • $365,000
      2,221 SF

      Lakeland Mixed-Use Property For Sale

      Multi-use property in Lakeland, Florida, suitable for various business needs.
      618 W 5Th St, Lakeland, FL 33805
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      3,802 SF

      Medical Office on Lakeland Hills

      3,802 SF medical office space for lease.
      3035 Lakeland Hills Blvd, Lakeland, FL 33805
      View Details
    • Contact for pricing
      13,200 SF

      Lakeland Warehouse Space Available

      Warehouse space with dock high access and sprinkler system.
      4725 E Lakeland Commerce Pkwy, Lakeland, FL 33805
      View Details
    • Contact for pricing
      24,000 SF

      Lakeland Warehouse with Dock Doors

      24,000 SF warehouse with convenient highway access.
      2560 Old Combee Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing
      52,185 SF

      Renovated Office Building For Rent

      Renovated office building featuring open floors, cafeteria, and training rooms.
      2735 Providence Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing
      27,751 SF

      Renovated Office Space Available

      Renovated office building with open floors and included furniture.
      1144 Providence Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing
      73,356 SF

      73,356 SF Lakeland Warehouse Space

      73,356 SF warehouse with expansion potential and ample parking.
      2727 Interstate Dr, Lakeland, FL 33805
      View Details
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    Lakeland, FL 33805-2144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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