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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Hotels
1145 Mcmurtrie NW Dr Huntsville, AL 35806-1778
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-0768916
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Total area
19,686 SF
Lot
1.3 ac (56,497 SF)
APN
15-07-25-0-002-017.001
UPID
US03-0768916
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
-
Days Inn & Suites by Wyndham Huntsville Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.18M
Owner & transaction history
Avpatel LLC · 3 yrs held
Avpatel LLC
since 2023
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+633.9%
Medical building
$2.3M
+517.1%
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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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
$3,070,000
ML approach
$3,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,755,000
Change: +634% · Conversion: Difficult
MEDICAL BUILDING
$2,320,000
Change: +517% · Conversion: Difficult
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $3.30M (Jul 14 2023)
Last sale anchor
$3.30M
Jul 14 2023
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
$161 / 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
$21,832
Tax year 2023
Assessed value
$376,420
Assessed 2023
Previous assessed
$341,600
+10.2% YoY
Effective rate
5.80%
On assessed value
Assessed land
$83,160
Assessed improvement
$293,260
Land market value
$415,800
Improvement market value
$1,466,300
Total market value
$1,882,100
Applied tax rate
2.0000
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
2003
Heating
FLOOR/WALL FURNACE
Cooling
YES
Stories
2
Units
1
Bathrooms
46
Total area
19,686 SF
Lot
1.3 ac (56,497 SF)
APN
15-07-25-0-002-017.001
UPID
US03-0768916
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2003
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Units
1
Bathrooms
46
Lot
1.3 ac
Current owner
From public records · entity-resolved
Avpatel LLC
Entity
Mailing address
1145 MCMURTRIE DR NW, HUNTSVILLE, AL 35806-1778
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2023
$3,300,000
Avpatel LLC
Shyama INC
Warranty Deed
$1,664,500 · Southpoint Bank
Dec 2, 2020
—
Shyama INC
—
Deed
related
$1,782,000 · Bank Of George
Apr 2, 2019
—
Shyama INC
—
Deed
related
$1,531,304 · Citizens Bank & Trust
Oct 26, 2018
—
Shyama INC
—
Deed
related
$855,000 · Citizens Bk
Oct 18, 2018
—
Shyama INC
—
Deed
related
$840,712 · Citizens Bank & Trust
Sep 4, 2008
$3,000,000
Shyama INC
Bnp Hospitality LLC
Warranty Deed
$1,515,000 · Bank Of Independent
—
—
Shyama INC
—
Deed Of Trust
related
$855,000 · Citizens Bk
—
—
Shyama INC
—
Deed Of Trust
related
$1,782,000 · Bank Of George
—
—
Shyama INC
—
Deed Of Trust
related
$1,086,000 · Birmingham City Wide Local Dev
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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