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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Hotels
9240 Us Hwy 192, Clermont, FL 34714-8200
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-1841210
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1992
Total area
24,912 SF
Lot
1.36 ac (59,329 SF)
APN
262501000000011050
UPID
US18-1841210
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
$3.55M
Blend (final)
Blend
$2.92M
Owner & transaction history
Jai Arya Corp · 7 yrs held
Jai Arya Corp
since 2018
7 recorded transactions
Zoning & alternative use
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 Clermont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clermont 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,565,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±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
$117 / 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
$30,122
Tax year 2023
Assessed value
$1,565,946
Assessed 2023
Previous assessed
$1,565,946
+0.0% YoY
Effective rate
1.92%
On assessed value
Total market value
$1,565,946
Applied tax rate
90,000.0000
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
1992
Heating
NONE
Buildings
2
Stories
3
Units
1
Total area
24,912 SF
Lot
1.36 ac (59,329 SF)
APN
262501000000011050
UPID
US18-1841210
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Heating
NONE
Stories
3
Buildings
2
Units
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Jai Arya Corp
Entity
Mailing address
9240 US HWY 192, CLERMONT, FL 34714-8200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2018
$2,400,000
Jai Arya Corp
Shanaya 9 LLC
Warranty Deed
$1,875,000 · Noa Bk
Aug 1, 2016
—
Shanaya 9 LLC
—
Deed
related
$891,900 · Wauchula St Bk
Jul 21, 2016
$1,750,000
Shanaya 9 LLC
Sitaram Orlando LLC
Warranty Deed
$891,900 · Wauchula St Bk
May 27, 2014
$1,475,000
Sitaram Orlando LLC
Spencer Hotel Group INC
Warranty Deed
$1,135,000 · Evolve Bk&tr
Oct 2, 2009
$700,000
Spencer Hotel Group INC
Shico USA INC
Warranty Deed
$500,000 · Mahesh C & Renu Bakshi
—
—
Shanaya 9 LLC
—
Deed Of Trust
related
$891,900 · Wauchula St Bk
—
—
Shico USA INC
—
Deed Of Trust
related
$607,179 · C-j Dev INC
—
—
Spencer Hotel Group INC
—
Deed Of Trust
related
$750,000 · Mahesh & Renu Bakshi
—
—
Spencer Hotel Group INC
—
Deed Of Trust
related
$125,000 · Kristopher & Radha Spencer
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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