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Property profile & analytics
OFF-MARKET
Motels
1035 Main St Livingston, TN 38570-1323
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US80-3525889
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1952
Total area
8,109 SF
Lot
1.43 ac (62,291 SF)
Zoning code
C-3
APN
067045N F 03607
UPID
US80-3525889
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
-
Overton Motel Livingston Hotel & Motel
-
Wayne's Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Maheshbhai B Patel · 11 yrs held
Maheshbhai B Patel
since 2015
3 recorded transactions
Zoning & alternative use
C-3 · Livingston, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide any retail or wholesale business or service use including service stations, funeral homes, offices and financial institutions, auto sales, packaged feed and seed stores, furniture and appliance stores, auto garage and repair shops, motels, restaurants, warehousing and storage uses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
404.49 ac
Source
Realmo
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 Livingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livingston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,663
Tax year 2023
Assessed value
$180,600
Assessed 2023
Previous assessed
$180,600
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$37,200
Assessed improvement
$143,400
Land market value
$93,000
Improvement market value
$358,500
Total market value
$451,500
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1952
Heating
RADIANT
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
31
Total area
8,109 SF
Lot
1.43 ac (62,291 SF)
Zoning code
C-3
APN
067045N F 03607
UPID
US80-3525889
Jurisdiction
OVERTON
Zoning & alternative use
C-3 · Livingston, TNZoning C-3 · permitted uses
C-3 · Livingston, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide any retail or wholesale business or service use including service stations, funeral homes, offices and financial institutions, auto sales, packaged feed and seed stores, furniture and appliance stores, auto garage and repair shops, motels, restaurants, warehousing and storage uses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
404.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
31
Lot
1.43 ac
Current owner
From public records · entity-resolved
Maheshbhai B Patel
Individual
Mailing address
1035 E MAIN ST, LIVINGSTON, TN 38570-1323
Mailing matches property
Yes
Owner-occupied
Yes
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
Jul 7, 2015
$386,671
Maheshbhai B Patel
Rama Hitesh
Warranty Deed
$292,500 · Southeast Bank
Jun 15, 2007
$375,000
Rama,hitesh
Clark,william A & Patsy S
Warranty Deed
$275,000 · Community Bk/cumberlands
—
—
Rama,hiteshi & Ashvina H
—
Deed Of Trust
related
$35,000 · Community Bk/cumberlands
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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