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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Motels
18456 Interstate 45th S Shenandoah, TX 77384-4118
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US83-2379680
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Construction
FRAME
Total area
33,430 SF
Lot
1.18 ac (51,270 SF)
APN
5761-00-00200
UPID
US83-2379680
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
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$570k
Blend (final)
Blend
$915k
Owner & transaction history
Shenandoah Hotels LLC · 7 yrs held
Shenandoah Hotels LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Shenandoah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shenandoah 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
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$745,000
Current use
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$27 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$35,131
Tax year 2024
Assessed value
$2,200,000
Assessed 2024
Previous assessed
$2,150,000
+2.3% YoY
Effective rate
1.60%
On assessed value
Assessed land
$820,322
Assessed improvement
$1,379,678
Land market value
$820,322
Improvement market value
$1,379,678
Total market value
$2,200,000
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
1998
Construction
FRAME
Heating
OTHER
Cooling
WINDOW A/C
Buildings
3
Bathrooms
2
Total area
33,430 SF
Lot
1.18 ac (51,270 SF)
APN
5761-00-00200
UPID
US83-2379680
Jurisdiction
MONTGOMERY
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
HOTEL/MOTEL Current
Est. value
$745,000
HOTEL/MOTEL Current
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
1998
Construction
FRAME
Heating
OTHER
Cooling
Yes
Buildings
3
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Shenandoah Hotels LLC
Entity
Mailing address
18456 INTERSTATE 45TH S, SHENANDOAH, TX 77384-4118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jun 25, 2025
—
Shenandoah Hotels LLC
—
Deed
related
$3,500,000 · Bank Of The Orient
Apr 1, 2019
—
Shenandoah Hotels LLC
Jacobson Hospitality INC
Venders Lien
$3,975,000 · Veritex Community Bank
Feb 23, 2017
—
Jacobson Hospitality INC
—
Deed
related
$2,629,000 · Hmaidan & Hmaidan LLC
Jan 16, 2007
—
Jacobson Hospitality INC
Jubilee International INC
Grant Deed
$3,225,000 · Bridger Commercial Funding LLC
Sep 6, 2005
—
Jubilee International INC
Team Assets Corp
Grant Deed
$1,961,034 · Sterling Bank
—
—
Jacobson Hospitality INC
—
Deed Of Trust
related
$2,629,000 · Hmaidan & Hmaidan LLC
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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