Back to Search
Property profile & analytics
OFF-MARKET
Hotels
7090 Cypress Ter Fort Myers, FL 33907-8811
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4057943
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Construction
STEEL FRAME
Total area
16,068 SF
Lot
1.96 ac (85,378 SF)
Zoning code
CPD
APN
23-45-24-44-00000.0020
UPID
US18-4057943
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gauri Ganesh III LLC · 4 yrs held
Gauri Ganesh III LLC
since 2022
Last sale
$11.5M
6 recorded transactions
Zoning & alternative use
CPD · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$88,736
Tax year 2023
Assessed value
$6,151,549
Assessed 2023
Previous assessed
$4,539,671
+35.5% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,707,552
Assessed improvement
$4,443,997
Land market value
$1,707,552
Improvement market value
$4,443,997
Total market value
$6,151,549
Applied tax rate
47.0000
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
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
3
Units
10
Bathrooms
104
Total area
16,068 SF
Lot
1.96 ac (85,378 SF)
Zoning code
CPD
APN
23-45-24-44-00000.0020
UPID
US18-4057943
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
10
Bathrooms
104
Lot
1.96 ac
Current owner
From public records · entity-resolved
Gauri Ganesh III LLC
Entity
Mailing address
5829 GRAND NATIONAL DR, ORLANDO, FL 32819-7909
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
$11,450,000
Gauri Ganesh III LLC
Om Capital Fm LLC
Special Warranty Deed
$7,000,000 · Winter Park National Bank
Jun 1, 2021
—
Om Capital Fm LLC
—
Deed
related
$600,000 · Readycap Commercial LLC
Jul 14, 2014
$4,220,000
Om Capital Fm LLC
Cypress Lake Hotel Limited Partners
Special Warranty Deed
$5,500,000 · Access Point Financial INC
Feb 6, 1998
—
Cypress Lake Hotel LP
—
Grant Deed
related
$3,710,000 · Republic Bank
Aug 11, 1997
$675,000
Cypress Lake Hotel LP
Wal-mart Stores INC
Grant Deed
$616,000 · Wainwright Bank & Trust Co
—
—
Om Capital Fm LLC
—
Loan Modification
related
$5,500,000 · Rialto Mtg Fin
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7090 Cypress Ter?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
