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Property profile & analytics
OFF-MARKET
Estimated value
$8,385,000
Hotels
9521 Marketplace Rd Fort Myers, FL 33912-0309
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1094548
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2006
Construction
FRAME
Total area
14,341 SF
Lot
1.84 ac (80,107 SF)
Zoning code
CPD
APN
22-45-25-13-00000.0020
UPID
US18-1094548
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
-
La Quinta Inn & Suites by Wyndham Fort Myers I-75 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.44M
Blend (final)
Blend
$8.39M
Owner & transaction history
9521 Market Place Rd LLC · 3 yrs held
9521 Market Place Rd LLC
since 2022
Last sale
$8.2M
5 recorded transactions
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.5M
+65.7%
Restaurant
$8.9M
+40.7%
Office building
$7.7M
+21.4%
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
$8,720,000
ML approach
$8,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,330,000
Current use
AUTO REPAIR, GARAGE
$10,490,000
Change: +66% · Conversion: Difficult
RESTAURANT
$8,910,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$7,685,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,205,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,145,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$8.39M
Range $7.55M – $9.22M · ±10% · vs last sale $8.20M (Aug 1 2022)
Last sale anchor
$8.20M
Aug 1 2022
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
$585 / 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
$108,838
Tax year 2023
Assessed value
$7,673,082
Assessed 2023
Previous assessed
$8,804,944
-12.9% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,883,476
Assessed improvement
$5,789,606
Land market value
$1,883,476
Improvement market value
$5,789,606
Total market value
$7,673,082
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
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
3
Bathrooms
73
Total area
14,341 SF
Lot
1.84 ac (80,107 SF)
Zoning code
CPD
APN
22-45-25-13-00000.0020
UPID
US18-1094548
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$10.5M
RESTAURANT
Est. value
$8.9M
OFFICE BUILDING
Est. value
$7.7M
WAREHOUSE, STORAGE
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$5.1M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Bathrooms
73
Lot
1.84 ac
Current owner
From public records · entity-resolved
9521 Market Place Rd LLC
Entity
Mailing address
9521 MARKETPLACE RD, FORT MYERS, FL 33912-0309
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$8,200,000
9521 Market Place Rd LLC
Fm Florida Hospitality LLC
Warranty Deed
—
Dec 27, 2018
$7,000,000
Fm Florida Hospitality LLC
Jassas Capital LLC
Warranty Deed
$10,000,000 · City National Bank Of Florida
Jul 22, 2015
$4,500,000
Jassas Cap LLC
La Hacienda Resorts I LP
Warranty Deed
$90,000 · La Hacienda Resorts I LP
Aug 12, 2004
$705,700
Resorts I Lahacienda
Worthington Of Renaissance LLC
Warranty Deed
—
—
—
Resorts I La Hacienda
—
Deed Of Trust
related
$4,100,000 · Ge Capital Franchise Finance
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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