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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Hotels
117 Riverside Pkwy Macon, GA 31210-1841
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US22-2151258
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1993
Total area
24,795 SF
Lot
2.24 ac (97,574 SF)
Zoning code
C-2
APN
N041-0028
UPID
US22-2151258
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$1.71M
Owner & transaction history
Jai Jalaram Krupa LLC · 16 yrs held
Jai Jalaram Krupa LLC
since 2010
6 recorded transactions
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+10.5%
Neighborhood: shopping center
$2.1M
+4.7%
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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,980,000
Current use
RETAIL STORES
$2,185,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,070,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,880,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,735,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$69 / 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
$36,897
Tax year 2023
Assessed value
$1,245,623
Assessed 2023
Previous assessed
$1,245,623
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$282,178
Assessed improvement
$963,445
Land market value
$705,444
Improvement market value
$2,408,612
Total market value
$3,114,056
Applied tax rate
11.0000
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
1993
Heating
NONE
Cooling
YES
Buildings
3
Stories
2
Total area
24,795 SF
Lot
2.24 ac (97,574 SF)
Zoning code
C-2
APN
N041-0028
UPID
US22-2151258
Jurisdiction
BIBB
Zoning & alternative use
C-2 · Macon, GA
Zoning C-2 · permitted uses
C-2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
HOTEL/MOTEL Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1993
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
2.24 ac
Current owner
From public records · entity-resolved
Jai Jalaram Krupa LLC
Entity
Mailing address
115 RIVERSIDE PKWY, MACON, GA 31210-1841
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2020
—
Jai Jalaram Krupa LLC
—
Deed
related
$912,579 · Quantum Nat'l Bk
Jul 2, 2010
$2,700,000
Jai Jalaram Krupa LLC
Ma-krupa Investments LLC
Warranty Deed
$1,385,000 · Quantum National Bank
Jun 25, 2010
$2,700,000
Jai Jalaram Krupa LLC
Ma Krupa Investments LLC
Grant Deed
—
Nov 18, 2008
$2,285,601
Ma-krupa Investments LLC
Ram Investment Co INC
Warranty Deed
$2,000,000 · Capital City Bank
Aug 25, 2006
—
Ram Investment Co INC
—
Trustees Deed
related
$600,000 · Capital City Bank
—
—
Jai Jalaram Krupa LLC
—
Loan Modification
related
$912,579 · Quantum Nat'l 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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