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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Motels
1602 Sam Nunn Blvd, Perry, GA 31069-2055
Entity Owned
8-yr Hold
Free & Clear
Property ID
US22-0522770
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1990
Construction
WOOD
Total area
22,832 SF
Lot
3.01 ac (131,116 SF)
Zoning code
C1
APN
0P0400 027000
UPID
US22-0522770
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
-
Quality Inn National Fairgrounds Area Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.27M
Owner & transaction history
Adarsh Investments LLC · 8 yrs held
Adarsh Investments LLC
since 2018
4 recorded transactions
Zoning & alternative use
C1 · Perry, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+187.5%
Medical building
$1.7M
+142.8%
Auto repair, garage
$1.6M
+128.6%
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 Perry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,070,000
Change: +188% · Conversion: Difficult
MEDICAL BUILDING
$1,745,000
Change: +143% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,645,000
Change: +129% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,450,000
Change: +102% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10%
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
$55 / 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
$22,566
Tax year 2023
Assessed value
$1,258,720
Assessed 2023
Previous assessed
$1,258,720
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$188,000
Assessed improvement
$1,070,720
Land market value
$470,000
Improvement market value
$2,676,800
Total market value
$3,146,800
Applied tax rate
2.0000
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
1990
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
2
Total area
22,832 SF
Lot
3.01 ac (131,116 SF)
Zoning code
C1
APN
0P0400 027000
UPID
US22-0522770
Jurisdiction
HOUSTON
Zoning & alternative use
C1 · Perry, GA
Zoning C1 · permitted uses
C1 · Perry, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
3.01 ac
Current owner
From public records · entity-resolved
Adarsh Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1602 SAM NUNN BLVD, PERRY, GA 31069-2055
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
May 4, 2018
—
Adarsh Investments LLC
Patel,ripal
Quit Claim Deed
related
—
Apr 20, 2018
—
Adarsh Investments LLC
Roshan Patel
Quit Claim Deed
related
$1,200,000 · American Pride Bank
Feb 27, 2013
$870,000
Adarsh Investments LLC
Patel,roshan & Ripal
Grant Deed
$584,300 · Roshan Patel
Feb 1, 2010
$2,407,500
Shree Pramukh Swami LLC
Perry Hospitality 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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