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Property profile & analytics
OFF-MARKET
Hotels
109 Main St, Cornelia, GA 30531-3919
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US22-0912095
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1953
Construction
FRAME
Total area
1,216 SF
Lot
1.65 ac (71,874 SF)
Zoning code
B2
APN
089D016
UPID
US22-0912095
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
-
Appletree Inn Motel Hotel & Motel
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
Jaymai Krupa INC · 11 yrs held
Jaymai Krupa INC
since 2014
3 recorded transactions
Zoning & alternative use
B2 · Cornelia, GA
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 Cornelia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornelia 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,740
Tax year 2024
Assessed value
$182,616
Assessed 2024
Previous assessed
$171,724
+6.3% YoY
Effective rate
2.60%
On assessed value
Assessed land
$36,324
Assessed improvement
$146,292
Land market value
$90,810
Improvement market value
$365,730
Total market value
$456,540
Applied tax rate
3.0000
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
1953
Construction
FRAME
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
3
Stories
1
Units
1
Total area
1,216 SF
Lot
1.65 ac (71,874 SF)
Zoning code
B2
APN
089D016
UPID
US22-0912095
Jurisdiction
HABERSHAM
Zoning & alternative use
B2 · Cornelia, GA
Zoning B2 · permitted uses
B2 · Cornelia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cornelia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Jaymai Krupa INC
Entity
Mailing address
109 S MAIN ST, CORNELIA, GA 30531-3919
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Sep 8, 2014
$285,000
Jaymai Krupa INC
Animesh D Desai
Warranty Deed
$275,000 · Desai Animesh D
Apr 27, 2011
—
Animesh D Desai
Shila A Desai
Deed
related
—
Apr 28, 2005
$375,000
Ralph Jackson
Stough Gary E Dmd
Deed
—
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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