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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Hotels
2631 Highwood Blvd Smyrna, TN 37167-9303
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1347874
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Construction
FRAME
Total area
13,040 SF
Lot
2.36 ac (102,802 SF)
APN
032D-B-020.01-000
UPID
US80-1347874
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Hilton Garden Inn Nashville/Smyrna Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.19M
Owner & transaction history
Ahp Real 3 Nashville 2631 Spv · 7 yrs held
Ahp Real 3 Nashville 2631 Spv
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+148.2%
Auto repair, garage
$1.5M
+122.0%
Neighborhood: shopping center
$1.4M
+101.6%
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
by Request
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
$1,720,000
6.5%
$1,585,000
7%
$1,475,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,685,000
Change: +148% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,505,000
Change: +122% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,365,000
Change: +102% · Conversion: Difficult
RETAIL STORES
$1,355,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$1,105,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$91 / 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
$123,842
Tax year 2023
Assessed value
$5,156,000
Assessed 2024
Previous assessed
$5,156,000
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$411,160
Assessed improvement
$4,744,840
Land market value
$1,027,900
Improvement market value
$11,862,100
Total market value
$12,890,000
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
2006
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
5
Units
112
Rooms
112
Bathrooms
116
Total area
13,040 SF
Lot
2.36 ac (102,802 SF)
APN
032D-B-020.01-000
UPID
US80-1347874
Jurisdiction
RUTHERFORD
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
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
2006
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
5
Units
112
Rooms
112
Bathrooms
116
Lot
2.36 ac
Current owner
From public records · entity-resolved
Ahp Real 3 Nashville 2631 Spv
Individual
Mailing address
12800 HOSPITALITY LN, OCEAN CITY, MD 21842
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2018
—
Ahp Real 3 Nashville 2631 Spv
—
Grant Deed
related
$46,200,000 · Societe Generale
Jul 25, 2018
$19,000,000
Ahp Real 3 Nashville 2631 Spv
Summit Hospitality Viii LLC
Grant Deed
—
May 23, 2012
$11,500,000
Summit Hospitality Viii LLC
Smyrna Hotel Partners LLC
Warranty Deed
$8,708,319 · Wells Fargo Bk #2008-ls1 (ce)
Aug 9, 2007
—
Smyrna Hotel Partners LLC
Smith Turner & Henry LLC
Quit Claim Deed
related
—
Mar 14, 2006
—
Smyrna Hgi LLC
—
Deed Of Trust
related
$7,500,000 · First Bank
Mar 7, 2006
$1,800,000
Smith Turner & Henry LLC
Smyrna Hgi LLC
Warranty Deed
—
Oct 4, 2005
$750,000
Smyrna Hgi LLC
Bgs Ltd
Warranty Deed
—
Sep 30, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
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
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