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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Motels
4341 13th St Gainesville, FL 32608-4005
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0597290
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,545 SF
Lot
2.5 ac (108,900 SF)
Zoning code
BH
APN
07218-001-000
UPID
US18-0597290
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
-
Scottish Inns Gainesville, FL Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
Alachua County · 2 yrs held
Alachua County
since 2023
Last sale
$1.8M
5 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
Method
Estimation
Statistic approach
$1,765,000
ML approach
$1,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10% · vs last sale $1.77M (Dec 8 2023)
Last sale anchor
$1.77M
Dec 8 2023
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
$386 / 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
$20,870
Tax year 2023
Assessed value
$1,350,600
Assessed 2023
Previous assessed
$1,350,600
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$630,649
Assessed improvement
$719,951
Land market value
$630,649
Improvement market value
$719,951
Total market value
$1,350,600
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
2
Stories
1
Units
100
Rooms
11
Bathrooms
95
Total area
4,545 SF
Lot
2.5 ac (108,900 SF)
Zoning code
BH
APN
07218-001-000
UPID
US18-0597290
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
100
Rooms
11
Bathrooms
95
Lot
2.5 ac
Current owner
From public records · entity-resolved
Alachua County
Entity
Mailing address
5620 NW 120TH LN, GAINESVILLE, FL 32653-1065
Ownership since
2023
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
Dec 8, 2023
$1,770,000
Alachua County
Lotus Enterprises INC
Warranty Deed
—
Jan 3, 2017
—
Lotus Enterprises INC
—
Deed
related
$500,000 · Renasant Bank
Aug 20, 2002
$600,900
Lotus Enterprises INC
Sakaria,sanmukhm & Manju
Grant Deed
—
Jan 23, 1998
$98,750
Sanmukh M Sakaria
Bhavin Enterprises INC
Grant Deed
$50,000 · Seller
—
—
Lotus Ents INC
—
Deed Of Trust
related
$375,000 · Capital City Bank
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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