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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Motels
331 Long Br Rd Gatlinburg, TN 37738-3151
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-1556447
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Total area
21,089 SF
Lot
1.56 ac (67,954 SF)
Zoning code
C-2
APN
078126O B 04000
UPID
US80-1556447
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
-
Ober Employee Housing Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$720k
Owner & transaction history
Ober Land LLC · 3 yrs held
Ober Land LLC
since 2022
Last sale
$622,700
7 recorded transactions
Zoning & alternative use
C-2 · 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
$615,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $623k (Oct 12 2022)
Last sale anchor
$623k
Oct 12 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
$34 / 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
$16,652
Tax year 2021
Assessed value
$1,045,080
Assessed 2023
Previous assessed
$1,038,680
+0.6% YoY
Effective rate
1.59%
On assessed value
Assessed land
$154,800
Assessed improvement
$890,280
Land market value
$387,000
Improvement market value
$2,225,700
Total market value
$2,612,700
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
1997
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
99
Total area
21,089 SF
Lot
1.56 ac (67,954 SF)
Zoning code
C-2
APN
078126O B 04000
UPID
US80-1556447
Jurisdiction
SEVIER
Zoning & alternative use
C-2 · Gatlinburg, TN
Zoning C-2 · permitted uses
C-2 · 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.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
99
Lot
1.56 ac
Current owner
From public records · entity-resolved
Ober Land LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 1709, GATLINBURG, TN 37738-1709
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2022
$622,700
Ober Land LLC
Ober Gatlinburg INC
Warranty Deed
—
Oct 12, 2022
—
Ober Land LLC
Ober Gatlinburg INC
Intrafamily Transfer
related
—
Jan 15, 2021
—
Ober Gatlinburg INC
—
Deed
related
$5,550,000 · Tennessee St Bk
Oct 3, 2016
—
Ober Gatlinburg INC
—
Deed Of Trust
related
$2,650,000 · Tennessee St Bk
Sep 17, 2014
—
Ober Gatlinburg INC
—
Grant Deed
related
$2,517,275 · Tennessee St Bk
Jun 15, 1994
$225,000
Aerial Tramway Gatlinburg
Unknown
Grant Deed
—
—
—
Ober Gatlinburg INC
—
Deed Of Trust
related
$5,550,000 · Tennessee St 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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