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Property profile & analytics
OFF-MARKET
Estimated value
$6,885,000
Hotels
2537-2541 Highwood Blvd Smyrna, TN 37167
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1625782
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Construction
FRAME
Total area
10,787 SF
Lot
1.66 ac (72,310 SF)
Zoning code
C-Z
APN
032D-B-001.00-000
UPID
US80-1625782
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
$6.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.89M
Owner & transaction history
Smyrna Hotel Delaware LLC · 4 yrs held
Smyrna Hotel Delaware LLC
since 2022
Last sale
$6.8M
5 recorded transactions
Zoning & alternative use
C-Z · Smyrna, TN
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$7,070,000
ML approach
$6,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.89M
Range $6.20M – $7.57M · ±10% · vs last sale $6.75M (Jun 6 2022)
Last sale anchor
$6.75M
Jun 6 2022
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
$638 / 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
$60,048
Tax year 2023
Assessed value
$2,500,000
Assessed 2024
Previous assessed
$2,500,000
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$370,200
Assessed improvement
$2,129,800
Land market value
$925,500
Improvement market value
$5,324,500
Total market value
$6,250,000
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
2010
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
4
Units
76
Rooms
76
Total area
10,787 SF
Lot
1.66 ac (72,310 SF)
Zoning code
C-Z
APN
032D-B-001.00-000
UPID
US80-1625782
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-Z · Smyrna, TN
Zoning C-Z · permitted uses
C-Z · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
76
Rooms
76
Lot
1.66 ac
Current owner
From public records · entity-resolved
Smyrna Hotel Delaware LLC
Entity
Mailing address
1271 MT SAINT HELENS WAY NE, CASTLE ROCK, WA 98611-9013
Ownership since
2022
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 15, 2025
—
Smyrna Hotel Delaware LLC
—
Deed
related
$4,571,435 · Peoples Bank
Jun 6, 2022
$6,750,000
Smyrna Hotel Delaware LLC
Summit Hospitality Smyrna LLC
Special Warranty Deed
—
Oct 3, 2008
—
Hospitality Smyrna Summit
—
Trustees Deed
related
$4,716,000 · Branch Banking & Trust Co
May 9, 2007
$780,000
Summit Hospitality Smyrna Ptsh
Bgs Ltd
Warranty Deed
—
—
—
Hospitality Smyrna Summit
—
Deed Of Trust
related
$4,000,000 · Southern Bank Of Tennessee
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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