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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Hotels
4560 Palm Bch Blvd Fort Myers, FL 33905-3456
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3328991
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,136 SF
Lot
0.44 ac (19,384 SF)
Zoning code
C-1 C-1
APN
04-44-25-13-00000.0100
UPID
US18-3328991
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
-
Tice Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$555k
Owner & transaction history
Oma Motel LLC · 3 yrs held
Oma Motel LLC
since 2022
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
C-1 C-1 · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$585,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $550k (Aug 3 2022)
Last sale anchor
$550k
Aug 3 2022
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
$177 / 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
$6,382
Tax year 2023
Assessed value
$404,656
Assessed 2023
Previous assessed
$211,690
+91.2% YoY
Effective rate
1.58%
On assessed value
Assessed land
$150,743
Assessed improvement
$253,913
Land market value
$150,743
Improvement market value
$253,913
Total market value
$404,656
Applied tax rate
230.0000
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
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
12
Bathrooms
13
Total area
3,136 SF
Lot
0.44 ac (19,384 SF)
Zoning code
C-1 C-1
APN
04-44-25-13-00000.0100
UPID
US18-3328991
Jurisdiction
LEE
Zoning & alternative use
C-1 C-1 · Fort Myers, FL
Zoning C-1 C-1 · permitted uses
C-1 C-1 · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
12
Bathrooms
13
Lot
0.44 ac
Current owner
From public records · entity-resolved
Oma Motel LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9602 BLUE STONE CIR, FORT MYERS, FL 33913-6721
Ownership since
2022
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, 2022
$550,000
Oma Motel LLC
Tice Motel LLC
Warranty Deed
—
Jul 16, 2015
—
Tice Motel LLC
Moon,kap N & Unjae
Grant Deed
related
—
Feb 25, 2011
—
Motel Tice LLC
Moon,kap N & Unjae
Warranty Deed
—
Aug 28, 2000
$250,000
Kap N Moon
Patel,girishkumae D & Urvashi
Grant Deed
—
—
—
Girishkumar D Patel
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
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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