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Property profile & analytics
OFF-MARKET
Estimated value
$4,300,000
Motels
1156 Hwy 28 Jasper, TN 37347-3664
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0081250
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
43,801 SF
Lot
2.18 ac (94,961 SF)
APN
058119 16824
UPID
US80-0081250
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.30M
CAP Approach
CAP
$4.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.30M
Owner & transaction history
Shree Keshavjivan LLC · 2 yrs held
Shree Keshavjivan LLC
since 2024
Last sale
$4.3M
7 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 Jasper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jasper 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
$4,300,000
ML approach
$4,300,000
CAP Approach
CAP Return
Estimation
6%
$4,495,000
6.5%
$4,150,000
7%
$3,850,000
Alternative Use
Use
Estimation
RESTAURANT
$4,735,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,860,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,690,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,740,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.30M
Range $3.87M – $4.73M · ±10% · vs last sale $4.30M (Mar 28 2024)
Last sale anchor
$4.30M
Mar 28 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
$98 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,409
Tax year 2022
Assessed value
$1,102,520
Assessed 2023
Previous assessed
$1,102,520
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$144,680
Assessed improvement
$957,840
Land market value
$361,700
Improvement market value
$2,394,600
Total market value
$2,756,300
Applied tax rate
58.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
92
Total area
43,801 SF
Lot
2.18 ac (94,961 SF)
APN
058119 16824
UPID
US80-0081250
Jurisdiction
MARION
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
RESTAURANT
Est. value
$4.7M
RETAIL STORES
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$2.7M
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
92
Lot
2.18 ac
Current owner
From public records · entity-resolved
Shree Keshavjivan LLC
Entity
Mailing address
101 W BROADWAY, GALLATIN, TN 37066-2717
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Shree Keshavjivan LLC
—
Deed
related
$151,176 · One Bank Of Tennessee
Mar 28, 2024
$4,300,000
Shree Keshavjivan LLC
Jasper Hospitality LLC
Special Warranty Deed
$3,225,000 · One Bank Of Tennessee
Sep 7, 2021
—
Jasper Hospitality LLC
—
Deed
related
$500,000 · Greater Community Bank
Sep 4, 2020
—
Jasper Hospitality LLC
—
Deed
related
$80,000 · Greater Cmnty Bk
Dec 3, 2018
$2,850,000
Jasper Hospitality LLC
Aban
Grant Deed
$427,500 · Abancorp
May 17, 2013
—
Aban
Pramukh Darshan LLC
Quit Claim Deed
related
$1,801,000 · Northwest Georgia Bank
—
—
Aban
—
Loan Modification
related
$1,801,000 · Northwest Ga Bk Main Offi
—
—
Jasper Hospitality LLC
—
Loan Modification
related
$80,000 · Greater Cmnty Bk
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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