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Property profile & analytics
OFF-MARKET Estimated value $565,000
Motels

1421 Murrays Chapel Rd Sweetwater, TN 37874-5243

102,789 SF 3.68 ac lot Built 1974
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-3515955
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 102,789 SF
Lot 3.68 ac (160,301 SF)
Zoning code C-5
APN 062022 00700
UPID US80-3515955
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
  • Sharluc Softwares (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
Fun Hotels LLC · 11 yrs held
Fun Hotels LLC
since 2015
7 recorded transactions
2018
Price N/A
2017
Price N/A
2015
$1.1M
2013
Price N/A
2012
$900,000
2011
$795,000
2006
$650,000
Zoning & alternative use
C-5 · Sweetwater, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14-313. C-5 Interstate/interchange district . This district is established to provide commercial facilities to interstate travelers. It is not the intent of this district to provide for highway or general commercial activities for local residents. Therefore, only areas in close proximity to the interstate/interchanges will be zoned C-5. Within the C-5 Inters…

Zone name Interstate And Interchange District
General category COMMERCIAL
Zone area 283.73 ac
Source planning 55 1118555470
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