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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Hotels
301 Washington St Paris, TN 38242-4014
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1119941
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1910
Total area
31,294 SF
Lot
0.32 ac (13,800 SF)
APN
040106A A 01202
UPID
US80-1119941
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
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Fletcher Heights Enterprises LLC · 4 yrs held
Fletcher Heights Enterprises LLC
since 2022
Last sale
$685,000
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 Paris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paris 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
$680,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $685k (Jul 8 2022)
Last sale anchor
$685k
Jul 8 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
$22 / 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
Property tax & assessments
Assessed value
$75,720
Assessed 2023
Previous assessed
$75,720
+0.0% YoY
Assessed land
$16,000
Assessed improvement
$59,720
Land market value
$40,000
Improvement market value
$149,300
Total market value
$189,300
Applied tax rate
40.0000
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
1910
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
6
Total area
31,294 SF
Lot
0.32 ac (13,800 SF)
APN
040106A A 01202
UPID
US80-1119941
Jurisdiction
HENRY
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
1910
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
0.32 ac
Current owner
From public records · entity-resolved
Fletcher Heights Enterprises LLC
Entity
Mailing address
7514 GIRARD AVE #1255, LA JOLLA, CA 92037-5149
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
—
Fletcher Heights Enterprises LLC
—
Deed
related
$483,000 · Heartland Bank & Trust Co
Jul 8, 2022
$685,000
Fletcher Heights Enterprises LLC
Todd Hackney
Warranty Deed
—
Oct 13, 2020
—
Todd Hackney
—
Deed
related
$250,840 · Commercial Bk
Dec 2, 2019
$225,000
Todd Hackney
William Rex Carter
Warranty Deed
$180,000 · Commercial Bank And Trust
Feb 27, 2013
$160,000
William R Carter
Dunlap Richard L III
Grant Deed
$139,570 · Security Bank
Jun 7, 2007
—
Richard L Dunlap III
Dunlap,deanna M
Quit Claim Deed
related
—
Oct 1, 1989
$100,000
Richard L Dunlap III
Unknown
Grant Deed
—
—
—
William R Carter
—
Deed Of Trust
related
$158,252 · Security Bank
—
—
Todd Hackney
—
Loan Modification
related
$250,840 · Commercial 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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