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Property profile & analytics
OFF-MARKET
Estimated value
$4,685,000
Hotels
4500 New Hvn Ave Melbourne, FL 32904-3324
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-6158337
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
37,199 SF
Lot
3.4 ac (148,104 SF)
APN
28-36-02-00-00267.0-0000.00
UPID
US18-6158337
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
-
Days Inn by Wyndham Melbourne Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.17M
Comparable Approach
Comparable
$3.95M
Blend (final)
Blend
$4.69M
Owner & transaction history
Senturk Marketing INC · 11 yrs held
Senturk Marketing INC
since 2015
5 recorded transactions
Zoning & alternative use
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 Melbourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Melbourne 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%
$5,600,000
6.5%
$5,165,000
7%
$4,800,000
Blend value · Realmo final
$4.69M
Range $4.22M – $5.15M · ±10%
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
$126 / 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
$73,926
Tax year 2023
Assessed value
$5,240,370
Assessed 2023
Previous assessed
$4,834,210
+8.4% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,258,880
Assessed improvement
$3,981,490
Land market value
$1,258,880
Improvement market value
$3,981,490
Total market value
$5,240,370
Applied tax rate
5,300.0000
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
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
5
Units
68
Total area
37,199 SF
Lot
3.4 ac (148,104 SF)
APN
28-36-02-00-00267.0-0000.00
UPID
US18-6158337
Jurisdiction
BREVARD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
5
Buildings
3
Units
68
Lot
3.4 ac
Current owner
From public records · entity-resolved
Senturk Marketing INC
Entity
Mailing address
4500 W NEW HVN AVE, W MELBOURNE, FL 32904-3324
Ownership since
2015
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
Jun 25, 2018
—
Girnar LLC
—
Deed
related
$7,000,000 · Vystar Cu
Mar 4, 2015
$545,000
Senturk Marketing INC
West New Haven Mobil LLC
Special Warranty Deed
$775,000 · United Southern Bank
Mar 10, 2006
—
Girnar LLC
Lowell,raymond H JR
Warranty Deed
related
—
Feb 4, 2005
$5,999,000
Girnar LLC
Lowell,raymond H JR
Warranty Deed
—
—
—
Girnar LLC
—
Deed Of Trust
related
$7,000,000 · Vystar Cu
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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