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Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Motels
1348 Southlake Plz Dr Morrow, GA 30260-1750
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-1830317
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Total area
3,504 SF
Lot
2.87 ac (125,017 SF)
Zoning code
C
APN
12-113D- A-004
UPID
US22-1830317
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
-
Red Roof Inn Atlanta South - Morrow Hotel & Motel
-
Knights Inn Morrow Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.28M
Owner & transaction history
Khamlai 1983 Lodging LLC · 6 yrs held
Khamlai 1983 Lodging LLC
since 2020
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C · Morrow, 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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
$3,735,000
ML approach
$3,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±10% · vs last sale $2.95M (Jan 21 2020)
Last sale anchor
$2.95M
Jan 21 2020
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
$936 / 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
$42,746
Tax year 2024
Assessed value
$1,008,640
Assessed 2024
Previous assessed
$747,200
+35.0% YoY
Effective rate
4.24%
On assessed value
Assessed land
$150,040
Assessed improvement
$858,600
Land market value
$375,100
Improvement market value
$2,146,500
Total market value
$2,521,600
Applied tax rate
5.0000
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
1984
Heating
NONE
Total area
3,504 SF
Lot
2.87 ac (125,017 SF)
Zoning code
C
APN
12-113D- A-004
UPID
US22-1830317
Jurisdiction
CLAYTON
Zoning & alternative use
C · Morrow, GAZoning C · permitted uses
C · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
2.87 ac
Current owner
From public records · entity-resolved
Khamlai 1983 Lodging LLC
Entity
Mailing address
1348 SOUTHLAKE PLZ DR, MORROW, GA 30260-1750
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
—
Lmrk Propco LLC
—
Deed
related
$186,000 · Wilmington Trusttrustee
Jul 11, 2024
—
Khamlai1983 Lodging LLC
—
Deed
related
$3,786,250 · Hyperion Bank
Jan 21, 2020
$2,950,000
Khamlai 1983 Lodging LLC
Shreeji Hotel Group LLC
Grant Deed
$2,602,500 · East West Bk
Aug 18, 2015
$3,025,000
Shreeji Hotel Group LLC
Lodge In Morrow LLC
Grant Deed
$2,865,000 · State Bk&tr
Jul 24, 2014
—
Ld Acquisition Co 10 LLC
—
Deed Of Trust
related
$25,555,555 · Texas Capital Bank NA
Sep 13, 2011
—
Fmw Rri Nc LLC
R-roof Vi LLC
Deed In Lieu Of Foreclosure
$275,000,000 · Fortress Credit Corp
Sep 6, 2007
$3,820,865
R Roff Vi LLC
Third Berkshire Properties
Grant Deed
—
—
—
Lodge In Morrow LLC
—
Loan Modification
related
$1,600,116 · Quantum Nat'l Bk
—
—
Fmw Rri Nc LLC
—
Loan Modification
related
$285,000,000 · Fortress Credit Corp
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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