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Property profile & analytics
OFF-MARKET
Estimated value
$3,615,000
Hotels
115 Ml Rd Mcdonough, GA 30253-5918
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-1889197
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2009
Construction
WOOD
Total area
63,208 SF
Lot
2.66 ac (115,870 SF)
Zoning code
C3
APN
054-01025008
UPID
US22-1889197
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
-
Courtyard Atlanta McDonough Hotel & Motel
-
115 Mill Road Parking Parking Lot & Garage
-
BriteFuturesOrtho Association Or Organization
-
The Bistro – Eat. Drink. Connect.® Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.62M
Owner & transaction history
Prem LLC
Prem LLC
since 2025
7 recorded transactions
Zoning & alternative use
C3 · Mcdonough, GA
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 Mcdonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcdonough 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,130,000
6.5%
$3,810,000
7%
$3,540,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,385,000
Current use
OFFICE BUILDING
$5,195,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$4,875,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.62M
Range $3.25M – $3.98M · ±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 2024Property tax & assessments
Tax year 2024
Tax billed
$114,619
Tax year 2024
Assessed value
$2,868,680
Assessed 2024
Previous assessed
$2,868,680
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$509,840
Assessed improvement
$2,358,840
Land market value
$1,274,600
Improvement market value
$5,897,100
Total market value
$7,171,700
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
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
2009
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Bathrooms
3
Total area
63,208 SF
Lot
2.66 ac (115,870 SF)
Zoning code
C3
APN
054-01025008
UPID
US22-1889197
Jurisdiction
HENRY
Zoning & alternative use
C3 · Mcdonough, GAZoning C3 · permitted uses
C3 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code Title 17
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.2M
RETAIL STORES
Est. value
$4.9M
HOTEL/MOTEL Current
OFFICE BUILDING
RETAIL STORES
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
2009
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
3
Lot
2.66 ac
Current owner
From public records · entity-resolved
Prem LLC
Entity
Mailing address
809 JESSE JEWELL PKWY SW, GAINESVILLE, GA 30501-4211
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
$13,000,001
Prem LLC
Cye Real Estate Development Group L
Deed
$10,398,200 · American Pride Bank Agent
Sep 22, 2017
—
Land Holdings Of Cye LLC
Cye Real Estate Dev Group LLC
Quit Claim Deed
related
—
Apr 19, 2005
$1,250,000
Patel,hitesh R & Alka H
Preston Consulting LLC
Grant Deed
$705,400 · Citizens Bk&tr/west Ga
Jan 12, 2004
$413,000
Preston Consulting LLC
Sams East INC
Grant Deed
—
—
—
Cye Real Estate Dev Group LLC
—
Deed Of Trust
related
$10,400,000 · Jp Morgan Chase Bk
—
—
Cye Real Estate Dev Group LLC
—
Loan Modification
related
$398,546 · Peach St Bk
—
—
Cye Real Estate Dev Group LLC
—
Deed Of Trust
related
$456,389 · Peach State Bank & Trust
—
—
Cye Real Estate Development Gr
—
Deed Of Trust
related
$2,000,000 · Ga Resource Capital
—
—
Cye Real Estate Dev Group LLC
—
Deed Of Trust
related
$6,317,172 · United Community Bank
—
—
Cye Real Estate Dev Group LLC
—
Deed Of Trust
related
$1,984,000 · United Community Bank
—
—
Cye Real Estate Dev Group LLC
—
Deed Of Trust
related
$6,317,172 · United Community Bank
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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