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Property profile & analytics
OFF-MARKET
Estimated value
$8,150,000
Hotels
315 Historic Nature Trl Gatlinburg, TN 37738-3346
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US80-1005972
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2015
Construction
CONCRETE
Total area
102,298 SF
Lot
1.98 ac (86,249 SF)
Zoning code
C-1
APN
078126N D 01600
UPID
US80-1005972
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
-
Courtyard Gatlinburg Downtown Hotel & Motel
-
315 Historic Nature Trail Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.15M
Owner & transaction history
Airport Road Hotel Ptrs LLC · 12 yrs held
Airport Road Hotel Ptrs LLC
since 2014
3 recorded transactions
Zoning & alternative use
C-1 · Gatlinburg, 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 Gatlinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gatlinburg 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%
$8,455,000
6.5%
$7,805,000
7%
$7,245,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,060,000
Current use
AUTO REPAIR, GARAGE
$10,895,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$8.15M
Range $7.34M – $8.97M · ±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
$80 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$92,215
Tax year 2021
Assessed value
$5,752,040
Assessed 2023
Previous assessed
$5,752,040
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$621,000
Assessed improvement
$5,131,040
Land market value
$1,552,500
Improvement market value
$12,827,600
Total market value
$14,380,100
Applied tax rate
78.0000
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
2015
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
125
Total area
102,298 SF
Lot
1.98 ac (86,249 SF)
Zoning code
C-1
APN
078126N D 01600
UPID
US80-1005972
Jurisdiction
SEVIER
Zoning & alternative use
C-1 · Gatlinburg, TN
Zoning C-1 · permitted uses
C-1 · Gatlinburg, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gatlinburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.1M
AUTO REPAIR, GARAGE
Est. value
$10.9M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
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
2015
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
125
Lot
1.98 ac
Current owner
From public records · entity-resolved
Airport Road Hotel Ptrs LLC
Entity
Mailing address
315 HISTORIC NATURE TRL, GATLINBURG, TN 37738-3346
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2014
$2,600,000
Airport Road Hotel Ptrs LLC
Del Of Dane I LLC
Warranty Deed
—
Mar 28, 2014
—
Airport Road Hotel Partners Ll
Del Dane I LLC
Quit Claim Deed
related
$14,450,000 · Citizens National Bank
Feb 22, 1995
—
Del/dane,i LLC
—
Deed Of Trust
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.
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