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Property profile & analytics
OFF-MARKET
Estimated value
$6,495,000
Hotels
6969 Lenoir E Ave Jacksonville, FL 32216-4031
Entity Owned
~
Est. High Equity
Property ID
US18-3411799
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
WOOD
Total area
59,076 SF
Lot
2.57 ac (112,123 SF)
Zoning code
CCG-1
APN
152835-0500
UPID
US18-3411799
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
-
Red Roof PLUS+ Jacksonville - Southpoint Hotel & Motel
-
Hotel Hotel & Motel
-
LibertyX Bitcoin ATM Atm
-
TayTayNails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.41M
Comparable Approach
Comparable
$7.58M
Blend (final)
Blend
$6.50M
Owner & transaction history
Om Jtb Hotels LLC
Om Jtb Hotels LLC
since 2026
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.7M
+6.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,770,000
6.5%
$4,405,000
7%
$4,090,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$10,055,000
Current use
RETAIL STORES
$10,695,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,750,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$6.50M
Range $5.85M – $7.14M · ±10% · vs last sale $7.00M (Feb 9 2026)
Last sale anchor
$7.00M
Feb 9 2026
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
$110 / 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
$70,948
Tax year 2023
Assessed value
$5,199,700
Assessed 2023
Previous assessed
$3,571,900
+45.6% YoY
Effective rate
1.36%
On assessed value
Assessed land
$649,603
Assessed improvement
$4,550,097
Land market value
$649,603
Improvement market value
$4,550,097
Total market value
$5,199,700
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
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
5
Rooms
127
Bathrooms
406
Total area
59,076 SF
Lot
2.57 ac (112,123 SF)
Zoning code
CCG-1
APN
152835-0500
UPID
US18-3411799
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
$10.1M
RETAIL STORES
Est. value
$10.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.8M
HOTEL/MOTEL Current
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
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
5
Rooms
127
Bathrooms
406
Lot
2.57 ac
Current owner
From public records · entity-resolved
Om Jtb Hotels LLC
Entity
Mailing address
1825 GILLESPIE WAY, EL CAJON, CA 92020-0501
Ownership since
2026
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
Feb 9, 2026
$7,000,000
Om Jtb Hotels LLC
Bw Rri IV LLC
Special Warranty Deed
$5,000,000 · Peoples Bank
Feb 9, 2026
—
Om Jib Hotels LLC
—
Deed
related
$500,000 · Peoples Bank
Mar 16, 2022
—
Bw Rri IV LLC
—
Deed
related
$24,000,000 · Natixis Real Estate Capital LLC
May 15, 2015
$2,247,391
Bw Rri IV LLC
Fmw Rri I LLC
Grant Deed
—
Sep 20, 2011
$1,127,700
Fmw Rri I LLC
R-roof Vi LLC
Deed Of Trust
$275,000,000 · Fortress Cr
Oct 3, 2007
$4,324,400
R Roof Vi LLC
Third Berkshire Properties LLC
Special Warranty Deed
$160,000,000 · Bear Stearns Commercial Mortgage In
Jan 28, 2000
$2,847,400
Third Berkshire Properties LLC
Red Roof Inns
Grant Deed
—
—
—
Bw Rri IV LLC
—
Loan Modification
related
$360,000,000 · Barclays Bk/plc
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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