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Property profile & analytics
OFF-MARKET
Motels
138 Parrish St Statesboro, GA 30458-7418
Individually Owned
18-yr Hold
Free & Clear
Property ID
US22-2639011
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1950
Construction
STEEL FRAME
Total area
2,856 SF
Lot
2.12 ac (92,347 SF)
Zoning code
HOC/LI
APN
S37-009-000
UPID
US22-2639011
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert P Humphrey · 18 yrs held
Robert P Humphrey
since 2008
3 recorded transactions
Zoning & alternative use
HOC/LI · Statesboro, 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,070
Tax year 2023
Assessed value
$100,001
Assessed 2023
Previous assessed
$100,001
+0.0% YoY
Effective rate
3.07%
On assessed value
Assessed land
$42,800
Assessed improvement
$57,201
Land market value
$107,000
Improvement market value
$143,002
Total market value
$250,002
Applied tax rate
1.0000
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
1950
Construction
STEEL FRAME
Heating
YES
Cooling
NONE
Buildings
3
Total area
2,856 SF
Lot
2.12 ac (92,347 SF)
Zoning code
HOC/LI
APN
S37-009-000
UPID
US22-2639011
Jurisdiction
BULLOCH
Zoning & alternative use
HOC/LI · Statesboro, GAZoning HOC/LI · permitted uses
HOC/LI · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Statesboro
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
3
Lot
2.12 ac
Current owner
From public records · entity-resolved
Robert P Humphrey
Individual
Free & Clear · 18 yrs held
Mailing address
50 GOLF CLB CIR, STATESBORO, GA 30458-9160
Ownership since
2008
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 17, 2025
—
Robert P Humphrey
—
Deed
related
$239,606 · Statesboro Bank
Dec 9, 2022
—
Robert P Humphrey
—
Deed
related
$239,607 · Glennville Bank
Jun 26, 2008
—
Robert P Humphrey
Not Provided
Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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