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Property profile & analytics
OFF-MARKET
Estimated value
$6,395,000
Hotels
150 Eastgate Ct Lebanon, TN 37090-6013
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1652728
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Construction
FRAME
Total area
43,511 SF
Lot
2.18 ac (94,961 SF)
APN
079 06923
UPID
US80-1652728
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
-
Sleep Inn & Suites Lebanon - Nashville Area Hotel & Motel
-
Mainstay Suites Lebanon - Nashville Area Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.40M
Owner & transaction history
Jay Ram Lebanon LLC · 4 yrs held
Jay Ram Lebanon LLC
since 2021
Last sale
$6.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.9M
+621.9%
Restaurant
$4.7M
+478.6%
Retail stores
$4.0M
+395.0%
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$6,540,000
ML approach
$6,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,875,000
Change: +622% · Conversion: Difficult
RESTAURANT
$4,710,000
Change: +479% · Conversion: Difficult
RETAIL STORES
$4,030,000
Change: +395% · Conversion: Difficult
Blend value · Realmo final
$6.40M
Range $5.76M – $7.03M · ±10% · vs last sale $6.25M (Dec 23 2021)
Last sale anchor
$6.25M
Dec 23 2021
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
$147 / 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
$49,228
Tax year 2023
Assessed value
$1,897,480
Assessed 2023
Previous assessed
$1,897,480
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$318,040
Assessed improvement
$1,579,440
Land market value
$795,100
Improvement market value
$3,948,600
Total market value
$4,743,700
Applied tax rate
95.0000
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
2001
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
73
Total area
43,511 SF
Lot
2.18 ac (94,961 SF)
APN
079 06923
UPID
US80-1652728
Jurisdiction
WILSON
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
COMMERCIAL (GENERAL)
Est. value
$5.9M
RESTAURANT
Est. value
$4.7M
RETAIL STORES
Est. value
$4.0M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
73
Lot
2.18 ac
Current owner
From public records · entity-resolved
Jay Ram Lebanon LLC
Entity
Mailing address
150 S EASTGATE CT, LEBANON, TN 37090-6013
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$6,250,000
Jay Ram Lebanon LLC
Lebanon Ascend Hospitality INC
Warranty Deed
$4,687,500 · First Vision Bank Of Tennessee
Oct 24, 2014
—
Lebanon Ascend Hospitality INC
Lebanon Ascend Hospitality 2 G
Quit Claim Deed
related
—
Jul 23, 2012
$1,850,000
Lebanon Ascend Hospitality 2 G
Hamister Hospitality Leban
Limited Warranty Deed
$1,750,000 · First Vision Bank
Dec 9, 2005
$2,332,000
Hospitality Lebanon L Hamister
Eastgate Hotel Associates LLC
Warranty 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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