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Property profile & analytics
OFF-MARKET
Estimated value
$10,835,000
Hotels
8260 Tamiami Trl Sarasota, FL 34243-2051
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3691391
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
61,028 SF
Lot
2.5 ac (108,987 SF)
Zoning code
PD-C
APN
68224.0020-9
UPID
US18-3691391
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
-
Home2 Suites by Hilton Sarasota Bradenton Airport Hotel & Motel
-
Amazon Locker - Alert Postal Service Courier Service
-
Amazon Locker Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.84M
Owner & transaction history
Tmgoc 8260 Sarasota LLC · 4 yrs held
Tmgoc 8260 Sarasota LLC
since 2021
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
PD-C · Sarasota, 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 Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota 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
$11,055,000
ML approach
$10,830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.84M
Range $9.75M – $11.92M · ±10% · vs last sale $7.66M (Oct 5 2021)
Last sale anchor
$7.66M
Oct 5 2021
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
$178 / 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
$116,951
Tax year 2023
Assessed value
$7,273,761
Assessed 2023
Previous assessed
$6,254,158
+16.3% YoY
Effective rate
1.61%
On assessed value
Assessed land
$1,351,398
Assessed improvement
$5,922,363
Land market value
$1,351,398
Improvement market value
$5,922,363
Total market value
$7,273,761
Applied tax rate
302.0000
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
2018
Heating
NONE
Stories
4
Units
109
Total area
61,028 SF
Lot
2.5 ac (108,987 SF)
Zoning code
PD-C
APN
68224.0020-9
UPID
US18-3691391
Jurisdiction
MANATEE
Zoning & alternative use
PD-C · Sarasota, FL
Zoning PD-C · permitted uses
PD-C · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
4
Units
109
Lot
2.5 ac
Current owner
From public records · entity-resolved
Tmgoc 8260 Sarasota LLC
Entity
Mailing address
2385 NW EXECUTIVE CTR DR STE #240, BOCA RATON, FL 33431-8511
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2021
$7,657,537
Tmgoc 8260 Sarasota LLC
Excel Sarasota I Land LLC
Special Warranty Deed
$35,395,000 · Midcap Financial Trust
Dec 10, 2018
—
Excel Sarasota 1 Land LLC
—
Deed
related
$13,500,000 · Branch Bk&tr
Jan 17, 2017
—
Excel Sarasota 1 Land LLC
—
Grant Deed
related
$22,200,000 · Branch Bk&tr
Jan 6, 2016
—
Excel Sarasota 1 Land LLC
Excel Sarasota 1 LLC
Quit Claim Deed
—
Nov 26, 2013
$200,000
Excel Sarasota 1 LLC
Thi IV Sarasota Shgi Land LLC
Special Warranty Deed
$9,200,000 · Jefferies Loancore LLC
Aug 18, 2005
$1,400,000
Thi IV Sarasota Shgi Land LLC
Allen Investments INC
Deed Of Trust
related
$2,945,639 · Barclays Capital R E INC
—
—
Excel Sarasota 1 Land LLC
—
Deed Of Trust
related
$13,500,000 · Branch Bk&tr
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
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