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Property profile & analytics
OFF-MARKET
Estimated value
$3,460,000
Hotels
216 Rutgers Ave Oak Ridge, TN 37830-6720
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1018044
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
CONCRETE
Total area
32,856 SF
Lot
1.71 ac (74,488 SF)
APN
001099L A 01700
UPID
US80-1018044
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 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.51M
CAP Approach
CAP
$2.60M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.46M
Owner & transaction history
Shree Panchmukhi Hanumanji LLC · 4 yrs held
Shree Panchmukhi Hanumanji LLC
since 2021
Last sale
$3.4M
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 Oak Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Ridge 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
$3,595,000
ML approach
$3,505,000
CAP Approach
CAP Return
Estimation
6%
$2,815,000
6.5%
$2,600,000
7%
$2,415,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,380,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,605,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,475,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±10% · vs last sale $3.44M (Oct 13 2021)
Last sale anchor
$3.44M
Oct 13 2021
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
$105 / 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
Property tax & assessments
Assessed value
$1,058,640
Assessed 2023
Previous assessed
$1,058,640
+0.0% YoY
Assessed land
$124,200
Assessed improvement
$934,440
Land market value
$310,500
Improvement market value
$2,336,100
Total market value
$2,646,600
Applied tax rate
1.0000
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
1998
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Rooms
81
Bathrooms
82
Total area
32,856 SF
Lot
1.71 ac (74,488 SF)
APN
001099L A 01700
UPID
US80-1018044
Jurisdiction
ANDERSON
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
MEDICAL BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
81
Bathrooms
82
Lot
1.71 ac
Current owner
From public records · entity-resolved
Shree Panchmukhi Hanumanji LLC
Entity
Mailing address
216 S RUTGERS AVE, OAK RIDGE, TN 37830-6720
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Oct 13, 2021
$3,436,000
Shree Panchmukhi Hanumanji LLC
Iom Hospitality Grou PLLC
Warranty Deed
$2,501,000 · Bank Of George
Jun 15, 2018
—
Om Hospitality Group LLC
—
Deed
related
$2,300,000 · Noa Bank
Jul 6, 2015
$1,850,000
Om Hospitality Grp LLC
Colfin Jih Ahi Properties LLC
Special Warranty Deed
$1,000,000 · Access Point Financial
Aug 16, 2006
—
Jer/jameson Properties LLC
Jameson Inns Financing 02
Deed
—
Feb 13, 2006
—
Jameson Inns Financing 02 LP
Jameson Properties Of Tenn
Deed
—
—
—
Colfin Jih Ahi Properties LLC
—
Loan Modification
related
$175,000,000 · Us Bk NA Ser 2006-whale 7 (ce)
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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