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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Hotels
317 Cedar Blf Rd Knoxville, TN 37923-4507
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-2748719
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2011
Construction
CONCRETE
Total area
68,740 SF
Lot
2.74 ac (119,354 SF)
APN
119 01861
UPID
US80-2748719
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
-
OYO Hotel Knoxville TN Cedar Bluff I-40 Hotel & Motel
-
The Quest Hotel and Waterpark Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.44M
Comparable Approach
Comparable
$5.37M
Blend (final)
Blend
$4.64M
Owner & transaction history
Purvi Hospitality LLC · 5 yrs held
Purvi Hospitality LLC
since 2021
Last sale
$3.9M
4 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 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
$3,950,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,890,000
6.5%
$5,435,000
7%
$5,050,000
Blend value · Realmo final
$4.64M
Range $4.18M – $5.10M · ±10% · vs last sale $3.85M (Jul 20 2021)
Last sale anchor
$3.85M
Jul 20 2021
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
$68 / 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
$46,038
Tax year 2023
Assessed value
$1,532,680
Assessed 2023
Previous assessed
$1,532,680
+0.0% YoY
Effective rate
3.00%
On assessed value
Land market value
$813,900
Improvement market value
$3,017,800
Total market value
$3,831,700
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
2011
Construction
CONCRETE
Heating
YES
Stories
2
Units
1
Total area
68,740 SF
Lot
2.74 ac (119,354 SF)
APN
119 01861
UPID
US80-2748719
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
Building & site characteristics
From public records
Year built
2011
Construction
CONCRETE
Heating
YES
Stories
2
Units
1
Lot
2.74 ac
Current owner
From public records · entity-resolved
Purvi Hospitality LLC
Entity
Mailing address
317 N CEDAR BLF RD, KNOXVILLE, TN 37923-4507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$3,850,000
Purvi Hospitality LLC
Riddhi Enterprises Corp
Warranty Deed
$2,516,000 · Bank Of George
Feb 6, 2017
—
Riddhi Ents Corp
—
Deed
related
$200,000 · First Bk/tn
May 21, 2015
$3,000,000
Riddhi Ents Corp
Siddhi Ents Corp
Warranty Deed
$1,601,552 · First Bk/tn
—
—
Riddhi Ents Corp
—
Deed Of Trust
related
$200,000 · 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.
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