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Property profile & analytics
OFF-MARKET
Estimated value
$11,400,000
Hotels
1161 Jefferson Ave Cookeville, TN 38506-4220
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3310178
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2019
Construction
STEEL FRAME
Total area
57,439 SF
Lot
1.56 ac (67,954 SF)
APN
071066 08600
UPID
US80-3310178
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Candlewood Suites Cookeville Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.40M
Owner & transaction history
Ckvl LLC · 3 yrs held
Ckvl LLC
since 2023
Last sale
$13.0M
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$10,920,000
ML approach
$8,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.40M
Range $10.26M – $12.54M · ±10% · vs last sale $13.00M (Feb 13 2023)
Last sale anchor
$13.00M
Feb 13 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
$198 / 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
$90,983
Tax year 2022
Assessed value
$2,763,760
Assessed 2023
Previous assessed
$2,763,760
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$217,200
Assessed improvement
$2,546,560
Land market value
$543,000
Improvement market value
$6,366,400
Total market value
$6,909,400
Applied tax rate
71.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
57,439 SF
Lot
1.56 ac (67,954 SF)
APN
071066 08600
UPID
US80-3310178
Jurisdiction
PUTNAM
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
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Ckvl LLC
Entity
Mailing address
5613 CLOVERLAND PARK DR, BRENTWOOD, TN 37027-1735
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Shreeji Swami Ckvl LLC
—
Deed
related
$168,986 · Planters Bank
Feb 13, 2023
$13,000,000
Ckvl LLC
Shreeji Swami Cookeville LLC
Limited Warranty Deed
$10,929,714 · Planters Bank
Aug 31, 2016
$375,000
Shreeji-swami Cookeville LLC
Danny Martin LLC
Warranty Deed
—
Jun 26, 2008
$275,000
Danny Martin LLC
Wood,glenn N & Carol A
Warranty Deed
—
Jan 23, 1997
$160,000
Wood,glenn & Carol
Thompson,reggie
Trustees Deed
—
Jan 23, 1997
—
Thompson,reggie & Ruth
—
Trustees Deed
related
—
—
—
Glenn W Wood
—
Deed Of Trust
related
$120,000 · First American National 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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