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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Motels
4015 43rd St Gainesville, FL 32608-2217
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US18-0259484
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2005
Construction
STEEL FRAME
Total area
58,440 SF
Lot
1.77 ac (77,101 SF)
Zoning code
BR-1
APN
06800-006-000
UPID
US18-0259484
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
-
Country Inn & Suites by Radisson, Gainesville, FL Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Sachchidanand H Jai · 22 yrs held
Sachchidanand H Jai
since 2004
5 recorded transactions
Zoning & alternative use
BR-1 · Gainesville, 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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$9 / 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
$107,727
Tax year 2023
Assessed value
$6,882,300
Assessed 2023
Previous assessed
$5,999,600
+14.7% YoY
Effective rate
1.57%
On assessed value
Assessed land
$2,529,204
Assessed improvement
$4,353,096
Land market value
$2,529,204
Improvement market value
$4,353,096
Total market value
$6,882,300
Applied tax rate
3,600.0000
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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Units
100
Rooms
113
Bathrooms
1
Total area
58,440 SF
Lot
1.77 ac (77,101 SF)
Zoning code
BR-1
APN
06800-006-000
UPID
US18-0259484
Jurisdiction
ALACHUA
Zoning & alternative use
BR-1 · Gainesville, FL
Zoning BR-1 · permitted uses
BR-1 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Units
100
Rooms
113
Bathrooms
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Sachchidanand H Jai
Individual
Mailing address
3144 W US HWY 90, LAKE CITY, FL 32055-4730
Ownership since
2004
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
Aug 3, 2018
—
Jai Sachchidanand Hospitality
—
Deed
related
$8,500,000 · Societe Generale
Aug 26, 2016
—
Jai Sachchidanand Hospitality
—
Deed
related
$17,000,000 · First Fsb/fl
Jan 23, 2004
$779,000
Sachchidanand H Jai
Univ Of Fl Foundation Trustee
Grant Deed
—
—
—
Jai Sachchidanand Hospitality
—
Deed Of Trust
related
$17,000,000 · First Fsb/fl
—
—
Jai Sachchidanand Hospitality
—
Loan Modification
related
$8,500,000 · Societe Generale
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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