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Property profile & analytics
OFF-MARKET
Estimated value
$8,070,000
Hotels
3624 Falkenburg Rd Tampa, FL 33619-0910
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-9168226
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Construction
WOOD
Total area
67,391 SF
Lot
5.55 ac (241,808 SF)
Zoning code
PD
APN
U072920ZZZ000002397501
UPID
US18-9168226
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
-
Sable Park SW Hotel Inc Hotel & Motel Resort
-
Staybridge Suites Tampa East- Brandon, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.32M
Comparable Approach
Comparable
$11.15M
Blend (final)
Blend
$8.07M
Owner & transaction history
Brandon Hospitality LLC
Brandon Hospitality LLC
since 2025
Last sale
$7.9M
6 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$13.1M
+6.1%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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%
$5,760,000
6.5%
$5,320,000
7%
$4,940,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,345,000
Current use
WAREHOUSE, STORAGE
$13,100,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$8.07M
Range $7.26M – $8.88M · ±10% · vs last sale $7.90M (Dec 22 2025)
Last sale anchor
$7.90M
Dec 22 2025
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
$120 / 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
$125,477
Tax year 2023
Assessed value
$7,187,100
Assessed 2023
Previous assessed
$7,187,100
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,516,620
Assessed improvement
$5,670,480
Land market value
$1,516,620
Improvement market value
$5,670,480
Total market value
$7,187,100
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
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
YES
Cooling
YES
Stories
4
Units
100
Total area
67,391 SF
Lot
5.55 ac (241,808 SF)
Zoning code
PD
APN
U072920ZZZ000002397501
UPID
US18-9168226
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.3M
WAREHOUSE, STORAGE
Est. value
$13.1M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
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
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
4
Units
100
Lot
5.55 ac
Current owner
From public records · entity-resolved
Brandon Hospitality LLC
Entity
Mailing address
925 W GEORGIA ST STE VANCOUVER VANCOUVER BC
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 22, 2025
$7,900,000
Brandon Hospitality LLC
Ahip Fl Tampa 3624 Properties LLC
Special Warranty Deed
—
May 11, 2011
—
Boulder Hotel Co II LLC
Sabal Park Sunway LLC Coc
Trustees Deed
related
—
Sep 16, 2008
—
Sabal Park Sunway LLC
—
Deed Of Trust
related
$10,330,000 · M & I Marshall & Isley Bank
Aug 30, 2004
$1,000,000
Sabal Park Sunway LLC
Highwoods Realty
Grant Deed
—
—
—
Sabal Park Sunway LLC
—
Deed Of Trust
related
$7,875,000 · Bb Syndication Services INC
—
—
Sabal Park Sunway LLC
—
Deed Of Trust
related
$2,455,000 · Gold Bank NA
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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