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Property profile & analytics
OFF-MARKET
Estimated value
$17,830,000
Hotels
8494 Miracle Dr Champions Gate, FL 33896-5514
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6174225
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2012
Total area
108,948 SF
Lot
10.62 ac (462,607 SF)
Zoning code
OPD
APN
332527460200010010
UPID
US18-6174225
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
$12.90M
Comparable Approach
Comparable
$22.68M
Blend (final)
Blend
$17.83M
Owner & transaction history
Mrei III Champions Gate LLC · 11 yrs held
Mrei III Champions Gate LLC
since 2015
3 recorded transactions
Zoning & alternative use
OPD · Champions Gate, 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 Champions Gate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Champions Gate 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%
$13,975,000
6.5%
$12,900,000
7%
$11,975,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$28,325,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$27,810,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$27,655,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$17.83M
Range $16.05M – $19.61M · ±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
$164 / 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
$392,062
Tax year 2023
Assessed value
$19,898,600
Assessed 2023
Previous assessed
$19,836,800
+0.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$1,610,200
Assessed improvement
$18,288,400
Land market value
$1,610,200
Improvement market value
$18,288,400
Total market value
$19,898,600
Applied tax rate
300.0000
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
2012
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
108,948 SF
Lot
10.62 ac (462,607 SF)
Zoning code
OPD
APN
332527460200010010
UPID
US18-6174225
Jurisdiction
OSCEOLA
Zoning & alternative use
OPD · Champions Gate, FL
Zoning OPD · permitted uses
OPD · Champions Gate, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Champions Gate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$28.3M
OFFICE BUILDING
Est. value
$27.8M
RETAIL STORES
Est. value
$27.7M
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2012
Heating
YES
Cooling
Yes
Stories
1
Lot
10.62 ac
Current owner
From public records · entity-resolved
Mrei III Champions Gate LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1777 WALKER ST #501, HOUSTON, TX 77010-5023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2019
—
Cg Osceola Conference Ctr LLC
—
Deed
related
—
Apr 1, 2015
$312,500
Mrei III Champions Gate LLC
Summetro Champions Gate LLC
Special Warranty Deed
—
—
—
Cg Osceola Conference Ctr LLC
—
Deed Of Trust
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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