Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,055,000
Hotels
258 Harry Ln Blvd Knoxville, TN 37923-4912
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-1160219
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Construction
LIGHT FRAME
Total area
59,457 SF
Lot
2.19 ac (95,396 SF)
APN
119 02902
UPID
US80-1160219
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
-
Motel 6 Knoxville, TN Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.05M
Blend (final)
Blend
$6.06M
Owner & transaction history
Jai Ganesha Hospitality LLC · 9 yrs held
Jai Ganesha Hospitality LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.5M
+20.7%
Retail stores
$7.9M
+0.9%
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 Knoxville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knoxville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,875,000
Current use
AUTO REPAIR, GARAGE
$9,505,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$7,940,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$6.06M
Range $5.45M – $6.66M · ±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
$102 / 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
$64,073
Tax year 2023
Assessed value
$1,727,200
Assessed 2023
Previous assessed
$1,727,200
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$977,800
Improvement market value
$3,340,200
Total market value
$4,318,000
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
1986
Construction
LIGHT FRAME
Heating
STEAM
Cooling
YES
Stories
3
Units
1
Total area
59,457 SF
Lot
2.19 ac (95,396 SF)
APN
119 02902
UPID
US80-1160219
Jurisdiction
KNOX
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
HOTEL/MOTEL Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$9.5M
RETAIL STORES
Est. value
$7.9M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1986
Construction
LIGHT FRAME
Heating
STEAM
Cooling
Yes
Stories
3
Units
1
Lot
2.19 ac
Current owner
From public records · entity-resolved
Jai Ganesha Hospitality LLC
Entity
Mailing address
258 HARRY LN BLVD, KNOXVILLE, TN 37923-4912
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Jai Ganesha Hospitality LLC
—
Deed
related
$2,683,099 · Millennium Bank
Dec 13, 2021
—
Jai Ganesha Hospitality LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
Oct 31, 2017
—
Jai Ganesha Hospitality LLC
—
Deed
related
$2,820,000 · First Bk/tn
May 18, 2017
—
Jai Ganesha Hospitality LLC
—
Deed
related
$2,820,000 · First Bk/tn
May 10, 2017
$3,600,000
Jai Ganesha Hospitality LLC
Knoxville Hotel LLC
Warranty Deed
$2,720,000 · First Bk/tn
Apr 29, 2014
$3,200,000
Knoxville Hotel LLC
Supreme Bright Knoxville LLC
Grant Deed
$2,792,000 · First Wstrn Sblc
Nov 7, 2013
—
Supreme Bright Knoxville LLC
Supreme Bright Portfolio LLC
Quit Claim Deed
related
$2,548,000 · Pmc Com'l Trust (ct)
Nov 7, 2013
$3,180,413
Supreme Bright Portfolio LLC
Bre Of Lq Properties LLC
Grant Deed
—
Mar 16, 2006
$7,498,400
Bre Of Lq Properties LLC
La Quinta Properties INC
Grant Deed
$2,075,000,000 · * Other Institutional Lenders
Dec 2, 1994
—
INC La Quinta Inns
Unknown,
Grant Deed
related
—
—
—
Jai Ganesha Hospitality LLC
—
Loan Modification
related
$2,820,000 · First Bk/tn
—
—
Jai Ganesha Hospitality LLC
—
Loan Modification
related
$2,820,000 · First Bk/tn
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 258 Harry Ln Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
