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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Motels
1936 Hwy 45th Byp Jackson, TN 38305-2478
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-2092049
Property summary
AI-generated overview
This fully renovated, 48-unit SureStay Plus Hotel in Jackson, Tennessee, presents a compelling investment opportunity. Boasting 19,788 square feet on a 1.24-acre lot, this two-story property, built in 1972, offers an exceptional value at $2,400,000 ($121.29/sq ft). The hotel features an outdoor swimming pool and fitness center, and is conveniently located along major transportation routes, including Interstate 40. No capital expenditures (PIP) are required for the new buyer. The property is offered unencumbered of management, making it an ideal acquisition for owner-operators or first-time buyers. Jackson's diverse economy, encompassing manufacturing, healthcare, education, and retail, ensures a strong market for this strategically positioned mid-scale asset. The outdoor corridor design adds to the property's appeal. This is a chance to acquire a well-maintained, high-performing hotel in a thriving Tennessee city.
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1972
Total area
22,658 SF
Lot
1.2 ac (52,272 SF)
Zoning code
B5
APN
057055K C 00802
UPID
US80-2092049
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
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$480k
Blend (final)
Blend
$600k
Owner & transaction history
Jtn Lodging LLC · 10 yrs held
Jtn Lodging LLC
since 2015
5 recorded transactions
Zoning & alternative use
B5 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
CITY OF JACKSON
Top alternative use upside
Warehouse, storage
$795,000
+30.8%
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
by Request
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$610,000
Current use
WAREHOUSE, STORAGE
$795,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$26 / 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
$20,941
Tax year 2022
Assessed value
$600,880
Assessed 2023
Previous assessed
$600,880
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$133,400
Assessed improvement
$467,480
Land market value
$333,500
Improvement market value
$1,168,700
Total market value
$1,502,200
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
1972
Heating
RADIANT
Stories
1
Units
1
Bathrooms
60
Total area
22,658 SF
Lot
1.2 ac (52,272 SF)
Zoning code
B5
APN
057055K C 00802
UPID
US80-2092049
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
HOTEL/MOTEL Current
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$795,000
HOTEL/MOTEL Current
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
1972
Heating
RADIANT
Stories
1
Units
1
Bathrooms
60
Lot
1.2 ac
Current owner
From public records · entity-resolved
Jtn Lodging LLC
Entity
Mailing address
1936 HWY 45TH BYP, JACKSON, TN 38305-2478
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2015
$2,050,000
Jtn Lodging LLC
Bhadresh Patel
Warranty Deed
—
Nov 7, 2013
—
Bhadresh L Patel
Patel,babubhai K & Jayantilal K
Quit Claim Deed
related
—
Jan 2, 2013
—
Ajay B Patel
Patel,bhikhabhai V
Quit Claim Deed
related
—
Dec 27, 2012
—
Bhikhabhai V Patel
Patel,jayantilal K
Quit Claim Deed
related
—
—
—
Econo Lodge Partners
—
Deed Of Trust
related
$480,000 · First South 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.
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