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Property profile & analytics
OFF-MARKET
Estimated value
$2,565,000
Motels
3340 Us Hwy 90 Lake City, FL 32055-4733
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0457916
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,909 SF
Lot
1.61 ac (70,267 SF)
Zoning code
CHI
APN
35-3S-16-02564-001
UPID
US19-0457916
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
$2.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
Zen Real Estate LLC · 2 yrs held
Zen Real Estate LLC
since 2024
Last sale
$2.6M
5 recorded transactions
Zoning & alternative use
CHI · Lake City, 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 Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City 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
$2,565,000
ML approach
$2,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.57M
Range $2.31M – $2.82M · ±10% · vs last sale $2.57M (May 24 2024)
Last sale anchor
$2.57M
May 24 2024
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
$1,344 / 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
$29,561
Tax year 2023
Assessed value
$1,231,734
Assessed 2023
Previous assessed
$1,198,504
+2.8% YoY
Effective rate
2.40%
On assessed value
Assessed land
$597,270
Assessed improvement
$634,464
Land market value
$597,270
Improvement market value
$634,464
Total market value
$1,231,734
Applied tax rate
1.0000
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
OTHER
Buildings
4
Stories
1
Rooms
3
Total area
1,909 SF
Lot
1.61 ac (70,267 SF)
Zoning code
CHI
APN
35-3S-16-02564-001
UPID
US19-0457916
Jurisdiction
COLUMBIA
Zoning & alternative use
CHI · Lake City, FL
Zoning CHI · permitted uses
CHI · Lake City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
3
Lot
1.61 ac
Current owner
From public records · entity-resolved
Zen Real Estate LLC
Entity
Mailing address
3340 W US HWY 90, LAKE CITY, FL 32055-4733
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
May 24, 2024
$2,565,000
Zen Real Estate LLC
Aum Sai INC
Special Warranty Deed
$2,465,000 · First Chatham Bank
Sep 18, 2012
—
Aum Sai INC
—
Trustees Deed
related
$491,600 · Columbia Bank
Apr 28, 2004
$1,800,000
Aum Sai INC
Shree Hospitality INC
Grant Deed
$1,438,500 · Columbia County Bank
—
—
Aum Sai INC
—
Deed Of Trust
related
$614,500 · Columbia Bank
—
—
Aum Sai INC
—
Deed Of Trust
related
$194,900 · Columbia Bk
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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