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Property profile & analytics
OFF-MARKET
Estimated value
$16,450,000
Hotels
5985 Brookhill Blvd Sarasota, FL 34232-6302
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2482611
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2019
Total area
72,039 SF
Lot
2.83 ac (123,465 SF)
Zoning code
CHI
APN
0047-01-0007
UPID
US18-2482611
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
-
Ameniti Bay Hotel Hotel & Motel
-
Ameniti Bay, Bw Signature Collection Hotel & Motel
-
NOKOMIS BEACH Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.03M
Blend (final)
Blend
$16.45M
Owner & transaction history
Walker Express LLC · 3 yrs held
Walker Express LLC
since 2022
Last sale
$14.9M
7 recorded transactions
Zoning & alternative use
CHI · Sarasota, 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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
$19,790,000
ML approach
$12,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.45M
Range $14.81M – $18.10M · ±10% · vs last sale $14.85M (Jul 28 2022)
Last sale anchor
$14.85M
Jul 28 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
$228 / 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
$255,016
Tax year 2023
Assessed value
$7,285,200
Assessed 2023
Previous assessed
$5,395,000
+35.0% YoY
Effective rate
3.50%
On assessed value
Assessed land
$1,575,000
Assessed improvement
$5,710,200
Land market value
$1,575,000
Improvement market value
$5,710,200
Total market value
$7,285,200
Applied tax rate
100.0000
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
2019
Heating
YES
Cooling
YES
Stories
6
Bathrooms
2
Total area
72,039 SF
Lot
2.83 ac (123,465 SF)
Zoning code
CHI
APN
0047-01-0007
UPID
US18-2482611
Jurisdiction
SARASOTA
Zoning & alternative use
CHI · Sarasota, FL
Zoning CHI · permitted uses
CHI · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
YES
Cooling
Yes
Stories
6
Bathrooms
2
Lot
2.83 ac
Current owner
From public records · entity-resolved
Walker Express LLC
Entity
Mailing address
1451 LK DR SE, GRAND RAPIDS, MI 49516-5001
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
—
Walker Express LLC
5954 Brookhill Blvd LLC
Correction Deed
related
—
Jul 28, 2022
$14,850,000
Walker Express LLC
5954 Brookhill Blvd LLC
Special Warranty Deed
$13,260,000 · Horizon Bank
Dec 10, 2019
—
5954 Brookhill Blvd LLC
—
Grant Deed
related
$6,000,000 · Commercial & Svgs Bk
Sep 20, 2018
—
5954 Brookhill Blvd LLC
—
Grant Deed
related
$8,632,975 · Stearns Bk
May 29, 2018
—
5954 Brookhill Blvd LLC
5963 Cattlemen Road LLC
Grant Deed
related
—
Apr 10, 2018
—
5963 Cattlemen Road LLC
—
Deed
related
$7,344,466 · William R Mullet
Nov 9, 2016
$3,600,000
5963 Cattlemen Road LLC
American Momentum Bk
Grant Deed
$8,000,000
May 26, 2015
—
American Momentum Bk
Brazos Xxi LLC
Quit Claim Deed
related
—
Aug 13, 2012
$50,001
Brazos Xxi LLC
Lepore Holdings LLC Coc
Trustees Deed
—
Nov 1, 2005
$3,100,000
Lepore Holdings LLC
Lohpm LLC
Warranty Deed
$4,650,000 · Landmark Bank Of Florida
Feb 8, 2005
—
Lohpm LLC
Palermo,george L & Loren
Quit Claim Deed
related
—
Oct 21, 2004
$1,720,000
George L Palermo
Scotts Dev
Warranty Deed
—
—
—
Lepore Holdings LLC
—
Deed Of Trust
related
$3,637,500 · Landmark Bank Of Florida
—
—
5963 Cattlemen Road LLC
—
Loan Modification
related
$7,344,466 · William R Mullet
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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