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Property profile & analytics
OFF-MARKET
Estimated value
$5,605,000
Hotels
5945 Youngerman E Cir Jacksonville, FL 32244-6191
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6161973
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,896 SF
Lot
1.16 ac (50,509 SF)
Zoning code
CCG-1
APN
099094-0032
UPID
US18-6161973
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
-
Country Inn & Suites by Radisson, Jacksonville, FL Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.74M
Blend (final)
Blend
$5.61M
Owner & transaction history
Nilkanth Mk LLC · 3 yrs held
Nilkanth Mk LLC
since 2022
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.8M
+48.2%
Office building
$7.3M
+38.5%
Medical building
$7.1M
+34.3%
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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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
$5,110,000
ML approach
$4,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,260,000
Current use
COMMERCIAL (GENERAL)
$7,795,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$7,280,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$7,060,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,590,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$5,595,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,100,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.61M
Range $5.04M – $6.17M · ±10% · vs last sale $6.10M (Jul 20 2022)
Last sale anchor
$6.10M
Jul 20 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
$181 / 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
$88,179
Tax year 2023
Assessed value
$4,875,000
Assessed 2023
Previous assessed
$4,803,300
+1.5% YoY
Effective rate
1.81%
On assessed value
Assessed land
$458,685
Assessed improvement
$4,416,315
Land market value
$458,685
Improvement market value
$4,416,315
Total market value
$4,875,000
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
FORCED AIR
Cooling
WALL UNIT
Stories
3
Units
61
Rooms
61
Bathrooms
194
Total area
30,896 SF
Lot
1.16 ac (50,509 SF)
Zoning code
CCG-1
APN
099094-0032
UPID
US18-6161973
Jurisdiction
DUVAL
Zoning & alternative use
CCG-1 · Jacksonville, FL
Zoning CCG-1 · permitted uses
CCG-1 · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$7.8M
OFFICE BUILDING
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.6M
RETAIL STORES
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
61
Rooms
61
Bathrooms
194
Lot
1.16 ac
Current owner
From public records · entity-resolved
Nilkanth Mk LLC
Entity
Mailing address
490 LK ST, RENO, NV 89501-1120
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 11, 2022
—
Nilkanth Mk LLC
—
Deed
related
$3,238,000 · Capital City Bank
Sep 12, 2022
—
Nilkanth Mk LLC
—
Deed
related
$3,238,000 · Capital City Bank
Jul 20, 2022
$6,100,000
Nilkanth Mk LLC
Roop LLC
Special Warranty Deed
$3,238,000 · Capital City Bank
Nov 1, 2018
—
Roop LLC
—
Deed
related
$2,463,523 · 121 Fin'l Cu
Nov 6, 2017
—
Roop LLC
—
Deed
related
$1,000,000 · 121 Fin'l Cu
—
—
Roop LLC
—
Loan Modification
related
$2,463,523 · 121 Fin'l Cu
—
—
Roop LLC
—
Deed Of Trust
related
$1,000,000 · First Guaranty Bk&tr/jacksonvi
—
—
Roop LLC
—
Deed Of Trust
related
$1,000,000 · 121 Fin'l 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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