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Property profile & analytics
OFF-MARKET
Estimated value
$2,985,000
Hotels
230 Skyland Blvd Tuscaloosa, AL 35405-4017
Entity Owned
~
Est. High Equity
Property ID
US03-0188574
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Construction
WOOD
Total area
30,585 SF
Lot
1.01 ac (43,996 SF)
Zoning code
BH
APN
36-01-01-2-003-033.004
UPID
US03-0188574
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
-
Ambassador Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.99M
Owner & transaction history
Sairam Hotels LLC
Sairam Hotels LLC
since 2025
Last sale
$3.2M
4 recorded transactions
Zoning & alternative use
BH · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+414.9%
Commercial (general)
$1.9M
+292.9%
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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,715,000
6.5%
$2,510,000
7%
$2,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,460,000
Change: +415% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,875,000
Change: +293% · Conversion: Difficult
Blend value · Realmo final
$2.99M
Range $2.69M – $3.28M · ±10% · vs last sale $3.23M (May 21 2025)
Last sale anchor
$3.23M
May 21 2025
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
$98 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,630
Tax year 2023
Assessed value
$653,460
Assessed 2023
Previous assessed
$399,220
+63.7% YoY
Effective rate
2.39%
On assessed value
Assessed land
$24,240
Assessed improvement
$629,220
Land market value
$121,200
Improvement market value
$3,146,100
Total market value
$3,267,300
Applied tax rate
4.0000
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
2009
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Rooms
48
Bathrooms
1
Total area
30,585 SF
Lot
1.01 ac (43,996 SF)
Zoning code
BH
APN
36-01-01-2-003-033.004
UPID
US03-0188574
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BH · Tuscaloosa, AL
Zoning BH · permitted uses
BH · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
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
2009
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Rooms
48
Bathrooms
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Sairam Hotels LLC
Entity
Mailing address
230 SKYLAND BLVD, TUSCALOOSA, AL 35405-4017
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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 21, 2025
$3,225,101
Sairam Hotels LLC
Jl LLC
Warranty Deed
$2,580,080 · Jl
Jul 7, 2023
$450,000
Dinesh Patel
Peninsula Northriver LLC
Personal Representative Deed
—
Dec 21, 2007
$2,151,000
Jl
Bhupendra Patel
Deed
$2,150,000 · Bank Of Tuscaloosa
Dec 18, 2006
$150,000
Ht & Pd INC
Credit Union Of Alabama Fc
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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