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Property profile & analytics
OFF-MARKET
Motels
2545 Sparta St Mc Minnville, TN 37110-1354
Individually Owned
11-yr Hold
Free & Clear
Property ID
US80-3202401
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1991
Construction
FRAME
Total area
20,929 SF
Lot
3.2 ac (139,392 SF)
APN
089058 04007
UPID
US80-3202401
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
-
McMinnville Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hilpesh Pataidar · 11 yrs held
Hilpesh Pataidar
since 2014
7 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 Mc Minnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Minnville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$316,320
Assessed 2023
Previous assessed
$316,320
+0.0% YoY
Assessed land
$189,680
Assessed improvement
$126,640
Land market value
$474,200
Improvement market value
$316,600
Total market value
$790,800
Applied tax rate
89.0000
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
1991
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
51
Total area
20,929 SF
Lot
3.2 ac (139,392 SF)
APN
089058 04007
UPID
US80-3202401
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
51
Lot
3.2 ac
Current owner
From public records · entity-resolved
Hilpesh Pataidar
Individual
Free & Clear · 11 yrs held
Mailing address
2545 SPARTA ST, MC MINNVILLE, TN 37110-1354
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2014
$778,584
Hilpesh Pataidar
Patel,nayankumar K & Sitalben N
Warranty Deed
related
—
Jul 14, 2014
—
Nayankumar K Patel
Patidar,hilpesh
Quit Claim Deed
related
—
Oct 1, 2013
—
Hilpesh Patidar
Shree Sai Hotel
Quit Claim Deed
related
—
Oct 17, 2008
$1,050,000
Shree Sai Hotels
Sn Hotel LLC
Grant Deed
$800,000 · Sn Hotel LLC
Oct 19, 2007
$1,725,000
Sn Hotel LLC
Radha Swami LLC
Warranty Deed
$1,725,000 · Jewell M Hale
Jul 16, 2001
$1,175,000
Priyenka Enterprises
Patel,rakhi & Ra
Grant Deed
—
Oct 18, 1993
$900,000
Santoshi INC
Unknown
Grant Deed
—
—
—
Nayankumar K Patel
—
Deed Of Trust
related
$1,476,919 · Coffee County Bank
—
—
Hilpesh Patidar
—
Deed Of Trust
related
$750,000 · Homeland Cmnty Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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