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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Motels
5290 Hwy 27 Frostproof, FL 33843-7731
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0964752
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Total area
11,917 SF
Lot
1.71 ac (74,444 SF)
APN
283207000000043060
UPID
US18-0964752
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$995k
Blend (final)
Blend
$1.00M
Owner & transaction history
Akh 30 LLC · 4 yrs held
Akh 30 LLC
since 2021
Last sale
$750,000
6 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 Frostproof submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frostproof 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
$960,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$1,145,000
6.5%
$1,060,000
7%
$980,000
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $750k (Sep 16 2021)
Last sale anchor
$750k
Sep 16 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
$84 / 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
$13,498
Tax year 2023
Assessed value
$681,135
Assessed 2023
Previous assessed
$700,151
-2.7% YoY
Effective rate
1.98%
On assessed value
Assessed land
$115,362
Assessed improvement
$565,773
Land market value
$115,362
Improvement market value
$565,773
Total market value
$681,135
Applied tax rate
90,000.0000
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
1959
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
11,917 SF
Lot
1.71 ac (74,444 SF)
APN
283207000000043060
UPID
US18-0964752
Jurisdiction
POLK
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
1959
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
Akh 30 LLC
Entity
Mailing address
513 S SCENIC HWY, LAKE WALES, FL 33853-4833
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
—
Akh 30 LLC
—
Deed
related
$600,000 · Satishkumar Patel
Sep 16, 2021
$750,000
Akh 30 LLC
Jayesh Patel
Warranty Deed
$510,000 · Michael Storey
Aug 17, 2021
—
Jayesh Patel
Mary Jane N Delestang
Quit Claim Deed
related
—
Aug 5, 2004
$770,000
Jayesh Patel
Ryan,kenneth C & Angela K
Warranty Deed
$616,000 · Business Loan Center INC
Jul 30, 2004
—
Jayesh Patel
Ryan,kenneth C
Grant Deed
related
—
Feb 26, 2001
$750,000
Kenneth C Ryan
Mpj Properties INC
Grant Deed
—
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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