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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Hotels
4601 5th Ave Cape Coral, FL 33904-8575
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-9669553
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,393 SF
Lot
0.6 ac (26,349 SF)
Zoning code
R3-W R3-W
APN
12-45-23-C3-00284.0240
UPID
US18-9669553
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
-
Hideaway Waterfront Resort & Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Tcjbn LLC · 4 yrs held
Tcjbn LLC
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
R3-W R3-W · Cape Coral, 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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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
$1,590,000
ML approach
$1,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,365,000
Current use
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.40M (Nov 10 2021)
Last sale anchor
$1.40M
Nov 10 2021
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
$340 / 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
$28,143
Tax year 2023
Assessed value
$1,783,007
Assessed 2023
Previous assessed
$1,500,784
+18.8% YoY
Effective rate
1.58%
On assessed value
Assessed land
$836,500
Assessed improvement
$946,507
Land market value
$836,500
Improvement market value
$946,507
Total market value
$1,783,007
Applied tax rate
279.0000
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Bathrooms
23
Total area
4,393 SF
Lot
0.6 ac (26,349 SF)
Zoning code
R3-W R3-W
APN
12-45-23-C3-00284.0240
UPID
US18-9669553
Jurisdiction
LEE
Zoning & alternative use
R3-W R3-W · Cape Coral, FL
Zoning R3-W R3-W · permitted uses
R3-W R3-W · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.4M
HOTEL/MOTEL Current
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
23
Lot
0.6 ac
Current owner
From public records · entity-resolved
Tcjbn LLC
Entity
Mailing address
1320 ABINGTON CAMBS DR, LAKE FOREST, IL 60045-2660
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$1,400,000
Tcjbn LLC
Mark R Murnane
Warranty Deed
$1,200,000 · Mark R Murnane Etux
Jul 18, 2018
—
Mark R Murnane
—
Deed
related
$875,000 · Preferred Community Bank
Apr 19, 2007
$1,470,000
Mark R Murnane
Michelle Court Properties LLC
Warranty Deed
$955,500 · Whitlock Capital Group LLC
Mar 22, 2005
$1,160,000
Michelle Court Properties LLC
Boldt,daniel J
Warranty Deed
$812,000 · M & I Bank Fsb
Jan 18, 2005
—
Boldt Daniel J Tr
Boldt,daniel J
Quit Claim Deed
related
—
Apr 12, 2004
$157,500
Daniel J Boldt
Boldt,david R
Grant Deed
related
—
Apr 12, 2004
$315,000
Daniel J Boldt
Boldt,bessie M
Grant Deed
related
—
Jun 27, 2002
—
Daniel J Boldt
Seibel,michael
Grant Deed
$663,200 · Sky Bank
Aug 1, 2000
$650,000
Michael Seibel
Muchow,ralf & Nilguen
Grant Deed
$300,000 · Riverside Bank Gulf Coast
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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