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Property profile & analytics
OFF-MARKET
Estimated value
$6,650,000
Motels
1130 White Dr Batesville, AR 72501-9416
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-1406251
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Construction
FRAME
Total area
37,532 SF
Lot
1.43 ac (62,291 SF)
APN
1100224000C
UPID
US05-1406251
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
-
J B Hotel Group LLC Hotel & Motel
-
Holiday Inn Express & Suites Batesville, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.65M
Owner & transaction history
Tennark Hospitality LLC · 2 yrs held
Tennark Hospitality LLC
since 2024
Last sale
$6.7M
4 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 Batesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Batesville 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
$6,650,000
ML approach
$6,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.65M
Range $5.99M – $7.32M · ±10% · vs last sale $6.65M (Jan 24 2024)
Last sale anchor
$6.65M
Jan 24 2024
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
$177 / 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
$29,531
Tax year 2023
Assessed value
$553,530
Assessed 2024
Previous assessed
$553,530
+0.0% YoY
Effective rate
5.34%
On assessed value
Assessed land
$27,460
Assessed improvement
$526,070
Land market value
$137,300
Improvement market value
$2,630,350
Total market value
$2,767,650
Applied tax rate
1.0000
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
65
Total area
37,532 SF
Lot
1.43 ac (62,291 SF)
APN
1100224000C
UPID
US05-1406251
Jurisdiction
INDEPENDENCE
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
65
Lot
1.43 ac
Current owner
From public records · entity-resolved
Tennark Hospitality LLC
Entity
Mailing address
239 N SERVICE RD, BLYTHEVILLE, AR 72315-6803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2024
$6,650,000
Tennark Hospitality LLC
Jj Global LLC
Warranty Deed
$4,322,500 · Ctl Capital Partners LLC
May 13, 2016
$4,050,000
Jj Global LLC
Jb Hotel Group LLC
Warranty Deed
$3,952,500 · The Citizens Bank
May 12, 2016
$10,000
Southem Bank
River City Auto Sales LLC
Commissioners Deed
related
—
Jun 19, 2006
$6,400,000
J B Hotel Group LLC
Not Provided
Special Warranty 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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