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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Hotels
6651 Okeechobee Rd Fort Pierce, FL 34945
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-6018299
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,336 SF
Lot
3.14 ac (136,778 SF)
Zoning code
GENERAL CO
APN
2324-341-0004-000-7
UPID
US18-6018299
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
$645k
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.03M
Owner & transaction history
Aanjali LLC · 15 yrs held
Aanjali LLC
since 2011
7 recorded transactions
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+132.1%
Industrial (general)
$1.3M
+81.1%
Restaurant
$1.3M
+75.9%
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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
$645,000
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$895,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$715,000
Current use
MEDICAL BUILDING
$1,655,000
Change: +132% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,290,000
Change: +81% · Conversion: Difficult
RESTAURANT
$1,255,000
Change: +76% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,235,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$1,150,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,110,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$90 / 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
$55,791
Tax year 2023
Assessed value
$3,376,000
Assessed 2023
Previous assessed
$1,532,630
+120.3% YoY
Effective rate
1.65%
On assessed value
Assessed land
$512,900
Assessed improvement
$2,863,100
Land market value
$512,900
Improvement market value
$2,863,100
Total market value
$3,376,000
Applied tax rate
22.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
59
Bathrooms
2
Total area
11,336 SF
Lot
3.14 ac (136,778 SF)
Zoning code
GENERAL CO
APN
2324-341-0004-000-7
UPID
US18-6018299
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$715,000
MEDICAL BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
HOTEL/MOTEL Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
59
Bathrooms
2
Lot
3.14 ac
Current owner
From public records · entity-resolved
Aanjali LLC
Entity
Mailing address
1500 SE 5TH AVE, DANIA BEACH, FL 33004-4543
Ownership since
2011
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
Oct 24, 2017
—
Aanjali LLC
—
Deed
related
$500,000 · Floridian Cmnty Bk
May 9, 2011
—
Aanjali LLC
Zions First Natl Bk
Quit Claim Deed
related
—
May 9, 2011
$850,000
Aanjali LLC
Zions First Natl Bk
Grant Deed
$595,400 · Zions First National Bank
Jun 28, 2010
$2,950,000
Zions First Natl Bk
Privisam LLC Coc
Trustees Deed
related
—
Oct 22, 2007
$6,050,000
Privisam LLC
Darter LLC
Grant Deed
$3,484,000 · Zions First National Bank
Feb 1, 2005
$4,200,000
Darter LLC
Ft Pierce Hotel Associates Lc
Grant Deed
$3,900,000 · Fidelity Bank Florida
—
—
Aanjali LLC
—
Deed Of Trust
related
$1,500,000 · Floridian Cmnty Bk
—
—
Aanjali LLC
—
Deed Of Trust
related
$500,000 · Floridian Cmnty Bk
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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