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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Motels
1943 Hwy 45th Byp Jackson, TN 38305-2479
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1056251
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1974
Total area
20,290 SF
Lot
1.39 ac (60,548 SF)
Zoning code
B5
APN
057055 06701
UPID
US80-1056251
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
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Nar Narayan Group INC · 1 yrs held
Nar Narayan Group INC
since 2024
Last sale
$773,902
4 recorded transactions
Zoning & alternative use
B5 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
CITY OF JACKSON
Top alternative use upside
Auto repair, garage
$925,000
+70.2%
Warehouse, storage
$710,000
+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
$775,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$545,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: +70% · Conversion: Difficult
WAREHOUSE, STORAGE
$710,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $774k (Aug 23 2024)
Last sale anchor
$774k
Aug 23 2024
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
$38 / 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
$10,539
Tax year 2022
Assessed value
$302,400
Assessed 2023
Previous assessed
$302,400
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$139,000
Assessed improvement
$163,400
Land market value
$347,500
Improvement market value
$408,500
Total market value
$756,000
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
1974
Heating
RADIANT
Stories
1
Units
1
Bathrooms
51
Total area
20,290 SF
Lot
1.39 ac (60,548 SF)
Zoning code
B5
APN
057055 06701
UPID
US80-1056251
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
$545,000
AUTO REPAIR, GARAGE
Est. value
$925,000
WAREHOUSE, STORAGE
Est. value
$710,000
HOTEL/MOTEL Current
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
1974
Heating
RADIANT
Stories
1
Units
1
Bathrooms
51
Lot
1.39 ac
Current owner
From public records · entity-resolved
Nar Narayan Group INC
Entity
Mailing address
1943 N HWY 45TH BYP, JACKSON, TN 38305-2479
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 23, 2024
$773,902
Nar Narayan Group INC
Moti Ba INC
Warranty Deed
$782,513 · Farmers Bank & Trust Company
Dec 19, 2001
—
Moti Ba INC
Patel,ada K
Grant Deed
related
—
Jul 18, 1994
$145,833
Shaw Old Brooks
Unknown,
Grant Deed
—
Jul 14, 1994
$145,833
Shaw Brooks
Unknown
Grant 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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