Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Hotels
9401 Marketplace Rd Fort Myers, FL 33912-6892
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-1192996
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2001
Construction
FRAME
Total area
10,530 SF
Lot
2.27 ac (98,881 SF)
Zoning code
CPD
APN
22-45-25-05-00000.0070
UPID
US18-1192996
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
-
Baymont by Wyndham Fort Myers Airport Hotel & Motel
-
9401 Marketplace Road Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.17M
Owner & transaction history
Fort Myers Motel LLC · 7 yrs held
Fort Myers Motel LLC
since 2018
7 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
Method
Estimation
Statistic approach
by Request
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$945,000
7%
$880,000
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±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
$111 / 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
$113,935
Tax year 2023
Assessed value
$9,362,445
Assessed 2023
Previous assessed
$10,307,118
-9.2% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,924,504
Assessed improvement
$6,437,941
Land market value
$2,924,504
Improvement market value
$6,437,941
Total market value
$9,362,445
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
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
4
Bathrooms
66
Total area
10,530 SF
Lot
2.27 ac (98,881 SF)
Zoning code
CPD
APN
22-45-25-05-00000.0070
UPID
US18-1192996
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
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Bathrooms
66
Lot
2.27 ac
Current owner
From public records · entity-resolved
Fort Myers Motel LLC
Entity
Mailing address
41 N LEGEND TREE DR, LIBERTY LAKE, WA 99019-7704
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2020
—
Fort Myers Motel LLC
—
Deed
related
$3,799,900 · Centennial Bk
Dec 10, 2018
$7,300,000
Fort Myers Motel LLC
Tjm Fort Myers LLC
Special Warranty Deed
$3,799,000 · Centennial Bank
Jun 15, 2016
—
Sette Mccarthy Hotel LLC
—
Deed
related
$3,500,000 · Usameribank
Apr 17, 2012
$1,000,000
Sette Mccarthy Hotel LLC
Top27-9401 Marketplace Rd LLC
Grant Deed
—
Jul 20, 2011
$100
Top27-9401 Marketplace Rd LLC
Donaldson Hotels INC Coc
Trustees Deed
related
—
May 13, 2011
$100
Bank Of America NA 2007-top27
Donaldson Hotels INC Coc
Trustees Deed
related
—
Jul 11, 2000
—
Donaldson Hotels INC
—
Grant Deed
related
$726,000 · Cit Lending Services Corp
—
—
Donaldson Hotels INC
—
Deed Of Trust
related
$5,000,000 · Morgan Stanley Mtg Capital INC
—
—
Fort Myers Motel LLC
—
Deed Of Trust
related
$3,799,900 · Centennial Bk
—
—
Sette Mccarthy Hotel LLC
—
Deed Of Trust
related
$3,500,000 · Usameribank
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 9401 Marketplace Rd?
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.
