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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Hotels
206 Corporate Pl Alcoa, TN 37701-1940
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0997634
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,740 SF
Lot
1.88 ac (81,893 SF)
Zoning code
O-3
APN
005046C A 03300
UPID
US80-0997634
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 Alcoa Knoxville Hotel & Motel
-
Quality Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$835k
Owner & transaction history
Dishan Airport Hospitatlity · 9 yrs held
Dishan Airport Hospitatlity
since 2017
7 recorded transactions
Zoning & alternative use
O-3 · Alcoa, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for office and professional and ancillary services, the intent is to permit lands adjacent to major collector or higher classified roads to be used for the provision of office related and professional services to the region, these uses are intended to be designed to minimize disruption of traffic flows and negative impacts on adjacent…
Zone name
Office
General category
UNKNOWN
Zone area
132.70 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.3M
+62.1%
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 Alcoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alcoa 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
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$780,000
Current use
AUTO REPAIR, GARAGE
$1,265,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$29 / 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
$29,980
Tax year 2022
Assessed value
$1,600,000
Assessed 2023
Previous assessed
$1,213,760
+31.8% YoY
Effective rate
1.87%
On assessed value
Assessed land
$256,720
Assessed improvement
$1,343,280
Land market value
$641,800
Improvement market value
$3,358,200
Total market value
$4,000,000
Applied tax rate
5.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
68
Total area
28,740 SF
Lot
1.88 ac (81,893 SF)
Zoning code
O-3
APN
005046C A 03300
UPID
US80-0997634
Jurisdiction
BLOUNT
Zoning & alternative use
O-3 · Alcoa, TNZoning O-3 · permitted uses
O-3 · Alcoa, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for office and professional and ancillary services, the intent is to permit lands adjacent to major collector or higher classified roads to be used for the provision of office related and professional services to the region, these uses are intended to be designed to minimize disruption of traffic flows and negative impacts on adjacent uses and existing systems
Zone name
Office
General category
UNKNOWN
Zone area
132.70 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
68
Lot
1.88 ac
Current owner
From public records · entity-resolved
Dishan Airport Hospitatlity
Individual
Mailing address
206 CORPORATE PL, ALCOA, TN 37701-1940
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
—
Dishan Airport Hospitality LLC
—
Deed
related
$200,000 · Knoxville Tva Emp Cu
Jan 30, 2017
—
Dishan Airport Hospitatlity
Alina LLC
Warranty Deed
—
Dec 2, 2015
$2,910,000
Jer Of Jameson Properties
Jer Of Jameson Properties LLC
Warranty Deed
—
Aug 9, 2006
—
Jer & Jameson Properties LLC
Jameson Props Of Tn
Quit Claim Deed
—
Sep 1, 2005
—
Jameson Props Of Tn
Owner Name Unavailable
Grant Deed
related
—
—
—
Alina LLC
—
Deed Of Trust
related
$2,100,000 · Bank Of Tennessee
—
—
Dishan Airport Hospitality LLC
—
Deed Of Trust
related
$1,550,000 · Knoxville Tva Emp Cu
—
—
Dishan Airport Hospitality LLC
—
Deed Of Trust
related
$200,000 · Knoxville Tva Emp Cu
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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