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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Hotels
51 Atlantic Ave Ormond Beach, FL 32176-6618
Individually Owned
5-yr Hold
Property ID
US18-9323154
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Lot
16.5 ac (718,740 SF)
APN
4214-36-01-4600
UPID
US18-9323154
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
-
Ormond Beach Hotel & Motel Bed & Breakfast
-
Royal Floridian Resort By Spinnaker Resorts Hotel & Motel Resort
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Mold Inspection and Testing Home Inspector
-
Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Margaret P Lohr · 5 yrs held
Margaret P Lohr
since 2020
7 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 Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond Beach 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
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
—
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
$385,461
Tax year 2023
Assessed value
$23,605,898
Assessed 2023
Previous assessed
$23,605,898
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed improvement
$23,605,898
Improvement market value
$23,605,898
Total market value
$23,605,898
Applied tax rate
201.0000
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
1997
Heating
NONE
Lot
16.5 ac (718,740 SF)
APN
4214-36-01-4600
UPID
US18-9323154
Jurisdiction
VOLUSIA
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
1997
Heating
NONE
Lot
16.5 ac
Current owner
From public records · entity-resolved
Margaret P Lohr
Individual
Mailing address
PO BOX 6685, HILTON HEAD, SC 29938-6685
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
74 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2020
—
Margaret P Lohr
Margaret E Lohr
Quit Claim Deed
related
—
Jun 2, 2020
$9,750
Gardon Singer
Royal Floridian
Dual Purpose Document
$9,750 · Royal Floridian & Spinnaker Ll
Dec 12, 2007
$6,957
Carl D Castle
Pittman Ent & Services INC
Warranty Deed
related
—
Feb 16, 2007
$72,000
Royal Floridian Of Spinnaker LLC
Royal Floridian Resort Assn In
Warranty Deed
related
—
Feb 8, 2007
$2,900
Jerome J Hogan
Sujkowski Living Trust
Warranty Deed
related
—
May 19, 2006
$3,000
Wise S Johnson
Stevens,william L & Mary B
Warranty Deed
related
—
Sep 14, 2005
$4,000
Greg Todd
Hershey,phyllis
Quit Claim Deed
related
—
Jul 6, 2004
$13,000
Clarence J Card
Royal Floridian By Spinnaker
Grant Deed
related
$11,980 · Royal Floridian By Spinnaker
Jul 6, 2004
$12,900
Martha Elwood
Royal Floridian By Spinnaker
Grant Deed
related
$11,956 · Royal Floridian By Spinnaker
Jul 6, 2004
$13,200
Charles Paxton
Royal Floridian By Spinnaker
Grant Deed
related
$12,166 · Royal Floridian By Spinnaker
Jul 6, 2004
$12,500
Harold L Nix
Royal Floridian By Spinnaker
Grant Deed
related
$11,610 · Royal Floridian By Spinnaker
Jul 6, 2004
$8,900
Fredrick D Bradford
Royal Floridian By Spinnaker
Grant Deed
related
$8,370 · Royal Floridian By Spinnaker
Jul 6, 2004
$15,900
Robert J Myers
Royal Floridian By Spinnaker
Grant Deed
related
$14,670 · Royal Floridian By Spinnaker
Jul 6, 2004
$9,900
Roger Moore
Royal Floridian By Spinnaker
Grant Deed
related
$9,256 · Royal Floridian By Spinnaker
Jul 6, 2004
$10,900
Steven A Asbach
Royal Floridian By Spinnaker
Grant Deed
related
$10,170 · Royal Floridian By Spinnaker
Jul 6, 2004
$14,000
David M Greek
Royal Floridian By Spinnaker
Grant Deed
related
$12,885 · Royal Floridian By Spinnaker
Jul 6, 2004
$8,000
Gail Maffia
Royal Floridian By Spinnaker
Grant Deed
related
$7,491 · Royal Floridian By Spinnaker
Jul 6, 2004
$6,900
Charles R Vanevery
Royal Floridian By Spinnaker
Grant Deed
related
$6,570 · Royal Floridian By Spinnaker
Jul 6, 2004
$7,500
Jay W Carr
Royal Floridian By Spinnaker
Grant Deed
related
$7,110 · Royal Floridian By Spinnaker
May 27, 2004
$14,000
Mena L Miller
Royal Floridian By Spinnaker
Grant Deed
related
$12,880 · Royal Floridian By Spinnaker
May 27, 2004
$6,900
Michael R Rodriguez
Royal Floridian By Spinnaker
Grant Deed
related
$5,840 · Royal Floridian By Spinnaker
May 27, 2004
$16,900
Dieter Craft
Royal Floridian By Spinnaker
Grant Deed
related
$15,570 · Royal Floridian By Spinnaker
May 27, 2004
$12,900
Alan B Longfellow
Royal Floridian By Spinnaker
Grant Deed
related
$11,970 · Royal Floridian By Spinnaker
May 27, 2004
$7,200
Jane B Hamilton
Royal Floridian By Spinnaker
Grant Deed
related
—
May 27, 2004
$15,900
Robert H Walther
Royal Floridian By Spinnaker
Grant Deed
related
$14,656 · Royal Floridian By Spinnaker
May 27, 2004
$13,900
William Klein
Royal Floridian By Spinnaker
Grant Deed
related
$12,800 · Royal Floridian By Spinnaker
May 27, 2004
$10,900
John Meketsy
Royal Floridian By Spinnaker
Grant Deed
related
$5,450 · Royal Floridian By Spinnaker
May 27, 2004
$12,700
John A Scharf
Royal Floridian By Spinnaker
Grant Deed
related
$5,400 · Royal Floridian By Spinnaker
May 27, 2004
$17,000
Harry A Bennett
Royal Floridian By Spinnaker
Grant Deed
related
$15,586 · Royal Floridian By Spinnaker
May 27, 2004
$5,900
George D Margo
Royal Floridian By Spinnaker
Grant Deed
related
$5,040 · Royal Floridian By Spinnaker
Jan 21, 2004
$136,000
Royal Floridian By Spinnaker
Royal Floridian Resort INC
Grant Deed
related
—
Jan 14, 2004
$11,500
Nancy M Reynolds
Royal Floridian By Spinnaker
Grant Deed
related
—
Jan 14, 2004
$10,500
Keith K Forster
Royal Floridian By Spinnaker
Grant Deed
related
—
Jan 14, 2004
$9,400
Ralph E England
Royal Floridian By Spinnaker
Grant Deed
related
—
Jan 14, 2004
$11,700
Record,tr
Royal,floridian S
Grant Deed
related
—
Jan 14, 2004
$10,400
Deloach C M
Royal Floridian By Spinnaker
Grant Deed
related
—
Jan 14, 2004
$10,300
Marshall N Daniels
Royal Floridian By Spinnaker
Grant Deed
related
—
Jan 14, 2004
$11,100
Nicholas G Coralluzzo
Royal Floridian By Spinnaker
Grant Deed
related
—
Dec 17, 2003
$12,900
Gregory L Ledford
Royal Floridian By Spinnaker
Grant Deed
related
$11,970 · Royal Floridian By Spinnaker
Dec 17, 2003
$9,900
Ivan R Gauthier
Royal Floridian By Spinnaker
Grant Deed
related
$9,270 · Royal Floridian By Spinnaker
Feb 12, 2003
$14,500
Randall F Helsey
Royal Floridian By Spinnaker
Grant Deed
related
$12,221 · Royal Floridian By Spinnaker
Nov 20, 2002
$7,000
Timothy Weaver
Brannon,walter J & Linda
Grant Deed
—
Nov 7, 2002
$4,500
John J Jennings
Fricke,richard D & Mary A
Grant Deed
—
Oct 31, 2002
$11,700
Douglas A Lundstrom
Royal Floridian By Spinnaker
Grant Deed
related
$10,816 · Royal Floridian By Spinnaker
Oct 31, 2002
$11,000
Igor Khanin
Royal Floridian By Spinnaker
Grant Deed
related
$10,260 · Royal Floridian By Spinnaker
Oct 31, 2002
$10,300
Daniel Adams
Royal Floridian By Spinnaker
Grant Deed
related
$9,630 · Royal Floridian By Spinnaker
Oct 31, 2002
$10,500
Nelson K Corley
Royal Floridian By Spinnaker
Grant Deed
related
$9,810 · Royal Floridian By Spinnaker
Oct 31, 2002
$10,600
Alberto B Gome
Royal Floridian By Spinnaker
Grant Deed
related
$9,826 · Royal Floridian By Spinnaker
Oct 31, 2002
$8,200
Quesenberry William C
Royal Floridian By Spinnaker
Grant Deed
related
$7,740 · Royal Floridian By Spinnaker
Oct 31, 2002
$10,000
Igor Khanin
Royal Floridian By Spinnaker
Grant Deed
related
$9,360 · Royal Floridian By Spinnaker
Oct 31, 2002
$14,800
Herbet C Lintz
Royal Floridian By Spinnaker
Grant Deed
related
$13,075 · Royal Floridian By Spinnaker
Oct 31, 2002
$12,000
Wayne P Monahan
Royal Floridian By Spinnaker
Grant Deed
related
$11,160 · Royal Floridian By Spinnaker
Oct 31, 2002
$11,500
Karen E Davis
Royal Floridian By Spinnaker
Grant Deed
related
$10,710 · Royal Floridian By Spinnaker
Oct 31, 2002
$10,900
Joey Mikell
Royal Floridian By Spinnaker
Grant Deed
related
$10,170 · Royal Floridian By Spinnaker
Sep 14, 2002
$11,900
Wayne O Wetteroth
Royal Floridian By Spinnaker
Grant Deed
related
$11,070 · Royal Floridian By Spinnaker
Sep 14, 2002
$10,500
Jaime Haisonet
Royal Floridian By Spinnaker
Grant Deed
related
$9,810 · Royal Floridian By Spinnaker
Sep 14, 2002
$5,900
Thomas Warburg
Royal Floridian By Spinnaker
Grant Deed
related
—
Sep 14, 2002
$11,500
Mihai Luculescu
Royal Floridian By Spinnaker
Grant Deed
related
$10,710 · Royal Floridian By Spinnaker
Sep 14, 2002
$11,600
Eugene Petty
Royal Floridian By Spinnaker
Grant Deed
related
$10,720 · Royal Floridian By Spinnaker
Sep 14, 2002
$10,000
James W Davis
Royal Floridian By Spinnaker
Grant Deed
related
$9,360 · Royal Floridian By Spinnaker
Sep 12, 2001
$5,500
Stephen T Brown
Cathry,michael V
Grant Deed
—
Jul 30, 2001
$9,800
Mary E Holland
Royal Floridian Resort INC
Grant Deed
related
$9,140 · Royal Floridian Resort INC
Jul 30, 2001
$15,800
Walter Forster
Royal Floridian Resort INC
Grant Deed
related
$14,605 · Royal Floridian Resort INC
Jul 30, 2001
$10,500
Billie G Hargis
Royal Floridian Resort INC
Grant Deed
related
$9,777 · Royal Floridian Resort INC
Jul 30, 2001
$7,900
Milton C Lindsay
Royal Floridian Resort INC
Grant Deed
related
$7,409 · Royal Floridian Resort INC
Jul 30, 2001
$12,900
Jesse E Mellott
Royal Floridian Resort INC
Grant Deed
related
$11,963 · Royal Floridian Resort INC
Jul 30, 2001
$9,000
Robert Esslinger
Royal Floridian Resort INC
Grant Deed
related
—
Jul 30, 2001
$8,100
Tonya Bowman
Royal Floridian Resort INC
Grant Deed
related
$7,591 · Royal Floridian Resort INC
Jul 30, 2001
$10,700
David K Millay
Royal Floridian Resort INC
Grant Deed
related
$9,889 · Royal Floridian Resort INC
Jul 30, 2001
$12,600
James M Hess
Royal Floridian Resort INC
Grant Deed
related
$11,688 · Royal Floridian Resort INC
Jul 30, 2001
$10,000
Henry Leoni
Royal Floridian Resort INC
Grant Deed
related
$4,974 · Royal Floridian Resort INC
Jul 30, 2001
$9,900
Bernice H Daniy
Royal Floridian Resort INC
Grant Deed
related
$9,155 · Royal Floridian Resort INC
Jul 30, 2001
$11,400
Thomas J Stovchik
Royal Floridian Resort INC
Grant Deed
related
$5,634 · Royal Floridian Resort INC
—
—
Royal Floridian
—
Deed Of Trust
related
$5,953 · Spinnaker LLC
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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