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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Hotels
10201 Meridian St Carmel, IN 46290-1021
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US31-1301434
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Construction
CONCRETE
Total area
41,317 SF
Lot
2.84 ac (123,710 SF)
APN
29-13-11-000-014.004-018
UPID
US31-1301434
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
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$2.37M
Owner & transaction history
Gmx Hospitality LLC
Gmx Hospitality LLC
since 2026
6 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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±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
$57 / 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
$51,128
Tax year 2023
Assessed value
$2,536,100
Assessed 2023
Previous assessed
$2,536,100
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,071,000
Assessed improvement
$1,465,100
Land market value
$1,071,000
Improvement market value
$1,465,100
Total market value
$2,536,100
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1996
Construction
CONCRETE
Heating
NONE
Stories
3
Units
81
Total area
41,317 SF
Lot
2.84 ac (123,710 SF)
APN
29-13-11-000-014.004-018
UPID
US31-1301434
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE
Heating
NONE
Stories
3
Units
81
Lot
2.84 ac
Current owner
From public records · entity-resolved
Gmx Hospitality LLC
Entity
Mailing address
3048 N GRAND BLVD, OKLAHOMA CITY, OK 73107-1818
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
Gmx Hospitality LLC
Sunny Properties LLC
Special Warranty Deed
$5,760,000 · First Farmers Bank & Trust
Mar 14, 2017
—
Sunny Properties LLC
—
Deed
related
$200,000 · Interbank
Nov 18, 2015
—
Sunny Properties LLC
Colfin Jih Ahi Properties LLC
Grant Deed
—
Aug 1, 2006
—
Jer/jameson Properties LLC
Jameson Inns INC
Warranty Deed
—
—
—
Sunny Properties LLC
—
Deed Of Trust
related
$4,528,000 · Interbank
—
—
Sunny Properties LLC
—
Deed Of Trust
related
$200,000 · Interbank
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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