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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Motels
3215 Riv Rd Pigeon Forge, TN 37863-3435
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-1654996
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1979
Total area
15,500 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-2
APN
078094C E 00600
UPID
US80-1654996
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
-
River Place Condos Condominium Complex Condominium Rental Agency
-
workout anytime Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Tammy Leo
Tammy Leo
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · Pigeon Forge, 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 Pigeon Forge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pigeon Forge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$54 / 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
$7,968
Tax year 2021
Assessed value
$484,320
Assessed 2023
Previous assessed
$484,320
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$370,040
Assessed improvement
$114,280
Land market value
$925,100
Improvement market value
$285,700
Total market value
$1,210,800
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
37
Total area
15,500 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-2
APN
078094C E 00600
UPID
US80-1654996
Jurisdiction
SEVIER
Zoning & alternative use
C-2 · Pigeon Forge, TN
Zoning C-2 · permitted uses
C-2 · Pigeon Forge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pigeon Forge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
37
Lot
1.06 ac
Current owner
From public records · entity-resolved
Tammy Leo
Individual
Mailing address
3223 PKWY PARKWAY, PIGEON FORGE, TN 37863-3421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
38 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Tammy Leo
Tammy Leo
Deed
related
—
Mar 10, 2025
—
John P Wilson
John P Wilson
Deed
related
—
Aug 4, 2023
—
Scott Randall Bosch
Scott Randall Bosch
Deed
related
—
Jul 6, 2023
—
Ashvin Shah
Angel Shah
Deed
related
—
Oct 26, 2022
$350,000
Bierds Property Management LLC
Charles Ray Cleveland
Warranty Deed
$262,500 · Inwood National Bank
Jul 18, 2022
—
Lmd Properties LLC
—
Deed
related
$286,400 · Family Savings Cu
Jun 3, 2022
$375,000
Joseph L Kovach
Seal Investments LLC
Warranty Deed
—
Apr 12, 2022
$355,000
Robert York Properties LLC
Clifford Wilson
Warranty Deed
—
Apr 6, 2022
—
Clarence W Mabe
Clarence Mabe
Deed
related
—
Jan 11, 2022
$360,000
Bowman Rela Estate Investments LLC
James Belcher
Warranty Deed
—
Dec 1, 2021
$260,000
Ryan Malchow
James M Seigler
Warranty Deed
$208,000 · First Volunteer Bank
Sep 20, 2021
$349,900
William Donald Bradley JR
Kenneth J Reeves
Warranty Deed
—
Sep 15, 2021
—
Hui Chang Yl
Charles Alexander Delozier
Quitclaim Deed
related
—
Jan 20, 2021
$182,000
Mzn Holdings LLC
Margie J Alloway
Warranty Deed
—
Jan 19, 2021
$229,500
Ryan Justin Malchow
Clifford Wilson
Warranty Deed
$183,600 · First Volunteer Bank
Oct 30, 2020
$205,000
Johnny Clem
Jeffery S Clifton
Warranty Deed
—
Jul 28, 2020
$190,000
Gregory D Redmon
Jeffery S Clifton
Warranty Deed
—
Jul 16, 2020
$190,000
Karen A Konig
William R Mcquinn
Warranty Deed
—
Dec 2, 2019
—
Rupal Shah
—
Deed
related
$1,250,000 · Grundy National Bank
Oct 21, 2019
$110,000
John C Cloninger
Don R Cloninger
Warranty Deed
related
—
Sep 17, 2018
$159,900
David J Steding
Balser,angela B
Warranty Deed
—
Jan 2, 2018
—
Adrian Popplewell
Tarter,russell & Jan
Quit Claim Deed
related
—
Nov 16, 2017
$156,500
Larry Abbett
Poynter,william & Wanda
Warranty Deed
—
Jan 19, 2017
$167,000
Clifford Wilson
June Wade
Warranty Deed
—
Nov 22, 2016
$139,000
William Poynter
Perdue,ben W & Priscilla
Warranty Deed
—
Jul 8, 2013
—
George L Keith
George L Keith Dds PC
Quit Claim Deed
related
—
Apr 13, 2012
$125,000
Benny Henson
B & B Properties
Warranty Deed
$100,000 · Webster Jim
Oct 10, 2008
$1,025,000
Rupal Shah
Reagan,everette & Gail
Warranty Deed
$1,232,150 · Mountain National Bank
Jun 7, 2007
$158,000
Lewis Knowles
Baird,robert J & Eleanor A
Warranty Deed
—
Oct 13, 2006
$136,500
William R Mcquinn
Regions Bank
Warranty Deed
$116,500 · First Tennessee Bank National
May 31, 2006
$150,000
Kenneth J Reeves
Veenendaal,jay M & Susan L
Warranty Deed
—
May 26, 2005
$149,480
Roger D Hood
Treadway,lawrence E II
Warranty Deed
$134,532 · Nbank NA
Mar 10, 2004
—
B Properties
Insurance Service Group INC
Quit Claim Deed
related
—
Dec 5, 2003
—
Smith,tr
Smith,eddie J & Janet M
Quit Claim Deed
related
—
May 21, 2001
$165,000
Insurance Service Group INC
Mitchell-morgan Enterprises
Grant Deed
—
Jul 12, 1994
$87,500
Ross E Ross A Ogle
Unknown
Grant Deed
—
—
—
Everette Reagan
—
Deed Of Trust
related
$135,000 · Citizens National Bank
—
—
Keith Newbern
—
Deed Of Trust
related
$115,200 · Decision One Mortgage Co
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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