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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Hotels
648 67th St E Cir Bradenton, FL 34208-6087
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-8543731
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
TYPE NOT SPECIFIED
Total area
30,771 SF
Lot
2.25 ac (98,010 SF)
Zoning code
PD-C
APN
11089.0067-9
UPID
US18-8543731
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
-
Best Western Plus Bradenton Hotel & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$740k
Owner & transaction history
Bradenton Hotel Investment LLC · 10 yrs held
Bradenton Hotel Investment LLC
since 2016
7 recorded transactions
Zoning & alternative use
PD-C · Bradenton, 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 Bradenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bradenton 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
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$620,000
Current use
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
$24 / 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
$57,818
Tax year 2023
Assessed value
$4,295,406
Assessed 2023
Previous assessed
$3,622,463
+18.6% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,100,824
Assessed improvement
$3,194,582
Land market value
$1,100,824
Improvement market value
$3,194,582
Total market value
$4,295,406
Applied tax rate
310.0000
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
Status
Off-Market
Year built
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
YES
Stories
1
Units
60
Total area
30,771 SF
Lot
2.25 ac (98,010 SF)
Zoning code
PD-C
APN
11089.0067-9
UPID
US18-8543731
Jurisdiction
MANATEE
Zoning & alternative use
PD-C · Bradenton, FL
Zoning PD-C · permitted uses
PD-C · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bradenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$620,000
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
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Units
60
Lot
2.25 ac
Current owner
From public records · entity-resolved
Bradenton Hotel Investment LLC
Entity
Mailing address
14106 US HWY 19, HUDSON, FL 34667-1167
Ownership since
2016
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
Apr 25, 2019
—
Bradenton Hotel Investment LLC
—
Grant Deed
related
$5,015,000 · Vystar Cu
Mar 28, 2016
$2,900,000
Bradenton Hotel Investment LLC
Bw Hotels LLC
Grant Deed
—
Nov 18, 2015
$4,020,000
Bw Hotels LLC
Liberty Bradenton Investments LLC
Special Warranty Deed
$3,000,000 · Platinum Bank
Oct 21, 2011
$100
Liberty Bradenton Invs LLC
Sroka Hospitality INC Coc
Trustees Deed
related
—
Sep 19, 2007
$7,200,000
Sroka Hospitality INC
Ohm Teerth Hotels INC
Corporation Deed
$4,200,000 · Bank Of The West
Jan 6, 2004
$4,350,000
Ohm Teerth Hotels INC
Oasis Hotels INC
Grant Deed
$2,478,000 · General Electric Capital Corp
—
—
Bradenton Hotel Investment LLC
—
Deed Of Trust
related
$3,360,000 · Community Bk/south
—
—
Liberty Bradenton Invs LLC
—
Deed Of Trust
related
$1,354,800 · First National Bank
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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