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Property profile & analytics
OFF-MARKET
Estimated value
$5,660,000
Hotels
4307 Sterling Commerce Dr Plant City, FL 33566-7372
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5079408
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
WOOD
Total area
45,966 SF
Lot
2.65 ac (115,434 SF)
Zoning code
PD
APN
P2428225OB000000000030
UPID
US18-5079408
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
-
Fairfield Inn & Suites Lakeland Plant City Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.66M
Owner & transaction history
Redberry Hotel LLC · 1 yrs held
Redberry Hotel LLC
since 2024
Last sale
$6.3M
3 recorded transactions
Zoning & alternative use
PD · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.7M
+10.2%
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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,915,000
6.5%
$4,535,000
7%
$4,210,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,875,000
Current use
AUTO REPAIR, GARAGE
$8,675,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,870,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$6,895,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$5.66M
Range $5.09M – $6.23M · ±10% · vs last sale $6.28M (May 27 2024)
Last sale anchor
$6.28M
May 27 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
$123 / 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
$101,170
Tax year 2023
Assessed value
$5,732,900
Assessed 2023
Previous assessed
$5,597,300
+2.4% YoY
Effective rate
1.76%
On assessed value
Assessed land
$498,363
Assessed improvement
$5,234,537
Land market value
$498,363
Improvement market value
$5,234,537
Total market value
$5,732,900
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
2008
Construction
WOOD
Heating
YES
Cooling
YES
Stories
3
Units
87
Total area
45,966 SF
Lot
2.65 ac (115,434 SF)
Zoning code
PD
APN
P2428225OB000000000030
UPID
US18-5079408
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Plant City, FL
Zoning PD · permitted uses
PD · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$8.7M
INDUSTRIAL (GENERAL)
Est. value
$7.9M
RETAIL STORES
Est. value
$6.9M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
87
Lot
2.65 ac
Current owner
From public records · entity-resolved
Redberry Hotel LLC
Entity
Mailing address
1965 WADDLE RD STE #312, STATE COLLEGE, PA 16803-1639
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
$6,275,000
Redberry Hotel LLC
Shaner Select Services Hotels III L
Special Warranty Deed
$4,959,440 · Central Bank
Apr 7, 2006
$982,000
Select Svcs Hotels Shaner III
Stine Family Ptshp Ltd
Warranty Deed
—
—
—
Select Svcs Hotels Shaner III
—
Deed Of Trust
related
$5,850,000 · Manufacturers Traders & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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