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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Motels
1890 Hwy 45th Byp Jackson, TN 38305-2408
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-2066073
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,892 SF
Lot
3.26 ac (142,006 SF)
Zoning code
B5
APN
057055 07407
UPID
US80-2066073
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
$1.96M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
Anavi Hospitality LLC · 3 yrs held
Anavi Hospitality LLC
since 2022
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
B5 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
CITY OF JACKSON
Top alternative use upside
Commercial (general)
$1.8M
+304.5%
Restaurant
$1.7M
+277.4%
Retail stores
$1.3M
+177.6%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$2,200,000
ML approach
$1,955,000
CAP Approach
CAP Return
Estimation
6%
$1,720,000
6.5%
$1,590,000
7%
$1,475,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,835,000
Change: +305% · Conversion: Difficult
RESTAURANT
$1,710,000
Change: +277% · Conversion: Difficult
RETAIL STORES
$1,260,000
Change: +178% · Conversion: Difficult
Blend value · Realmo final
$2.06M
Range $1.85M – $2.26M · ±10% · vs last sale $2.04M (Nov 17 2022)
Last sale anchor
$2.04M
Nov 17 2022
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
$122 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$18,740
Tax year 2022
Assessed value
$537,720
Assessed 2023
Previous assessed
$537,720
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$358,600
Assessed improvement
$179,120
Land market value
$896,500
Improvement market value
$447,800
Total market value
$1,344,300
Applied tax rate
57.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
1
Bathrooms
123
Total area
16,892 SF
Lot
3.26 ac (142,006 SF)
Zoning code
B5
APN
057055 07407
UPID
US80-2066073
Jurisdiction
MADISON
Zoning & alternative use
B5 · Jackson, TNZoning B5 · permitted uses
B5 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CITY OF JACKSON
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.3M
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
123
Lot
3.26 ac
Current owner
From public records · entity-resolved
Anavi Hospitality LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1890 HWY 45TH BYP, JACKSON, TN 38305-2408
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Nov 17, 2022
$2,036,450
Anavi Hospitality LLC
Geeta Patel
Warranty Deed
—
Aug 25, 2015
$161,022
Kalpesh Patel
Geeta Patel
Warranty Deed
related
$1,465,900 · First Citizens Bank & Trust Co
Dec 27, 2012
$990,000
Geeta Patel
Supertel LP
Grant Deed
$864,480 · First Citizens National Bank
Nov 21, 2012
—
Supertel LP
Solomons Beacon Inn LP
Quit Claim Deed
related
—
Dec 4, 2002
—
Solomons Beacon Inn Lmt
Humphrey,hospita
Grant Deed
related
—
—
—
Geeta Patel
—
Loan Modification
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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