Back to Search
Property profile & analytics
OFF-MARKET
Hotels
4200 97th Blvd Gainesville, FL 32606-3742
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5158539
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
47,663 SF
Lot
4.92 ac (214,315 SF)
Zoning code
BH
APN
06038-022-001
UPID
US18-5158539
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
-
Best Western Gateway Grand Hotel & Motel
-
The Florida Bridal Expo Wedding Service
-
ATM Atm
-
Gainesville Hotel & Motel
-
Gators Den Sports Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gateway Grand Hotel LLC · 1 yrs held
Gateway Grand Hotel LLC
since 2025
Last sale
$14.1M
7 recorded transactions
Zoning & alternative use
BH · 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
—
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
$234,323
Tax year 2023
Assessed value
$11,595,000
Assessed 2023
Previous assessed
$12,489,400
-7.2% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,459,106
Assessed improvement
$10,135,894
Land market value
$1,459,106
Improvement market value
$10,135,894
Total market value
$11,595,000
Applied tax rate
400.0000
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
3
Stories
3
Units
100
Rooms
74
Bathrooms
131
Total area
47,663 SF
Lot
4.92 ac (214,315 SF)
Zoning code
BH
APN
06038-022-001
UPID
US18-5158539
Jurisdiction
ALACHUA
Zoning & alternative use
BH · Gainesville, FL
Zoning BH · permitted uses
BH · 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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
3
Units
100
Rooms
74
Bathrooms
131
Lot
4.92 ac
Current owner
From public records · entity-resolved
Gateway Grand Hotel LLC
Entity
Mailing address
270 W 39TH ST RM #1100, NEW YORK, NY 10018-0731
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
$14,100,000
Gateway Grand Hotel LLC
Gateway Realty LLC
Special Warranty Deed
$8,460,000 · Florida Cu
Sep 8, 2022
—
Gateway Realty LLC
—
Deed
related
$8,100,000 · Florida Cu
Dec 19, 2018
$11,750,000
Gateway Realty LLC
Thirty-ninth Avenue LP
Trustees Deed
$17,500,000 · Benefit Street Ptrs Realty Ope
Jan 26, 2017
—
Thirty-ninth Avenue LP
—
Deed
related
$390,000 · Wells Fargo Bk
Aug 17, 2016
—
Thirty Ninth Avenue LP
—
Deed
related
$4,472,611 · Wells Fargo Bk
Feb 8, 2006
$21,500,000
Pr Gainesville
Thirty-ninth Avenue
Warranty Deed
—
—
—
Thirty Ninth Avenue LP
—
Loan Modification
related
$4,472,611 · Wells Fargo Bk
—
—
Thirty-ninth Avenue LP
—
Deed Of Trust
related
$390,000 · Wells Fargo Bk
—
—
Thirty-ninth Avenue
—
Deed Of Trust
related
$297,098 · Wachovia Bank NA
—
—
Thirty-ninth Avenue LP
—
Deed Of Trust
related
$500,000 · Haufler Oscar E Trust (pt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4200 97th Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
