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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Motels
820 Sugarland Hwy Clewiston, FL 33440-2621
Individually Owned
11-yr Hold
Free & Clear
Property ID
US18-4166701
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,496 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CL-C
APN
3 34 43 01 010 0385-003.2
UPID
US18-4166701
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
-
Lovely Nails Nail Salon
-
Carmen J. Wilson, M.D. Ophthalmologist
-
Eye Centers of Florida - Clewiston Lasik Surgeon Ophthalmologist
-
Clewiston News Publishing House Newspaper & Magazine
-
T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Mineshkumar B Patel · 11 yrs held
Mineshkumar B Patel
since 2014
Last sale
$640,000
1 recorded transaction
Zoning & alternative use
CL-C · Clewiston, 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 Clewiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clewiston 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
$575,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $640k (May 27 2025)
Last sale anchor
$640k
May 27 2025
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
$408 / 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
$2,069
Tax year 2023
Assessed value
$83,363
Assessed 2023
Previous assessed
$79,664
+4.6% YoY
Effective rate
2.48%
On assessed value
Assessed land
$59,400
Assessed improvement
$23,963
Land market value
$59,400
Improvement market value
$23,963
Total market value
$83,363
Applied tax rate
15.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
6
Total area
1,496 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CL-C
APN
3 34 43 01 010 0385-003.2
UPID
US18-4166701
Jurisdiction
HENDRY
Zoning & alternative use
CL-C · Clewiston, FL
Zoning CL-C · permitted uses
CL-C · Clewiston, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clewiston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Lot
0.25 ac
Current owner
From public records · entity-resolved
Mineshkumar B Patel
Individual
Free & Clear · 11 yrs held
Mailing address
412 W SUGARLAND HWY, CLEWISTON, FL 33440-3020
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2014
$70,000
Mineshkumar B Patel
Patel,nanubhai R & Jashodaben N
Grant Deed
related
—
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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