Back to Search
Property profile & analytics
OFF-MARKET
Motels
1599 Adamson Pkwy Morrow, GA 30260-1762
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0126342
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1989
Total area
6,688 SF
Lot
2.22 ac (96,616 SF)
Zoning code
C
APN
12-114C- B-011
UPID
US22-0126342
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
-
Days Inn by Wyndham Atlanta/Southlake/Morrow Hotel & Motel
-
Clayton County Public Defender Law Firm
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
Niranjan Hospitality LLC · 6 yrs held
Niranjan Hospitality LLC
since 2020
6 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$59,332
Tax year 2024
Assessed value
$1,400,000
Assessed 2024
Previous assessed
$1,136,760
+23.2% YoY
Effective rate
4.24%
On assessed value
Assessed land
$57,960
Assessed improvement
$1,342,040
Land market value
$144,900
Improvement market value
$3,355,100
Total market value
$3,500,000
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
1989
Heating
NONE
Total area
6,688 SF
Lot
2.22 ac (96,616 SF)
Zoning code
C
APN
12-114C- B-011
UPID
US22-0126342
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
1989
Heating
NONE
Lot
2.22 ac
Current owner
From public records · entity-resolved
Niranjan Hospitality LLC
Entity
Mailing address
132 ORCH PARK DR, MCDONOUGH, GA 30253-8017
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2020
—
Niranjan Hospitality LLC
S & S Hotels LLC
Quit Claim Deed
related
—
Jan 16, 2020
$4,300,000
Niranjan Hospitality LLC
S & S Hotels LLC
Grant Deed
$3,600,000 · S & S Hotels LLC
Apr 2, 2015
—
Salem,street Realty Trust
Hotel Radha INC
Quit Claim Deed
related
$1,449,000 · Bbcn Bk
Apr 2, 2015
$1,890,000
Salem,street Realty Trust
Hotel Radha INC
Grant Deed
—
Oct 1, 2007
$100
Georgia Department Of Transpor
Hotel Radha INC
Grant Deed
related
—
—
—
Hotel,radha INC
—
Deed Of Trust
related
$3,000,000 · Georgian 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1599 Adamson Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
