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Property profile & analytics
OFF-MARKET
Estimated value
$3,350,000
Motels
13156 Hickory St Loxley, AL 36551-3137
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-0988200
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Total area
26,611 SF
Lot
1.35 ac (58,712 SF)
APN
33-08-34-0-000-024.003
UPID
US03-0988200
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
-
Wind Chase Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.33M
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.35M
Owner & transaction history
Sairam23 LLC · 3 yrs held
Sairam23 LLC
since 2023
Last sale
$3.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.5M
+433.4%
Restaurant
$3.0M
+256.9%
Commercial (general)
$3.0M
+256.8%
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 Loxley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loxley 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
$3,470,000
ML approach
$3,330,000
CAP Approach
CAP Return
Estimation
6%
$2,575,000
6.5%
$2,375,000
7%
$2,210,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,495,000
Change: +433% · Conversion: Difficult
RESTAURANT
$3,010,000
Change: +257% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,010,000
Change: +257% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,735,000
Change: +225% · Conversion: Difficult
RETAIL STORES
$2,695,000
Change: +220% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,655,000
Change: +215% · Conversion: Difficult
MEDICAL BUILDING
$2,490,000
Change: +196% · Conversion: Difficult
Blend value · Realmo final
$3.35M
Range $3.02M – $3.69M · ±10% · vs last sale $3.30M (Jun 12 2023)
Last sale anchor
$3.30M
Jun 12 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
$126 / 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
$9,730
Tax year 2023
Assessed value
$262,960
Assessed 2023
Previous assessed
$262,960
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed improvement
$262,960
Applied tax rate
9.0000
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
1995
Heating
FLOOR/WALL FURNACE
Cooling
YES
Buildings
2
Stories
2
Rooms
60
Bathrooms
1
Total area
26,611 SF
Lot
1.35 ac (58,712 SF)
APN
33-08-34-0-000-024.003
UPID
US03-0988200
Jurisdiction
BALDWIN
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
OFFICE BUILDING
Est. value
$4.5M
RESTAURANT
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.5M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Buildings
2
Rooms
60
Bathrooms
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Sairam23 LLC
Entity
Mailing address
7283 SAYBROOK BLVD, MOBILE, AL 36619-1267
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$3,300,000
Sairam23 LLC
Spriggs Enterprises INC
Warranty Deed
$2,750,000 · Spriggs Enterpirses INC
—
—
Spriggs Ents INC
—
Deed Of Trust
related
$4,425,000 · Bryant Bk
—
—
Spriggs Ents INC
—
Deed Of Trust
related
$275,000 · Pnc 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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