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Property profile & analytics
OFF-MARKET
Estimated value
$7,625,000
Hotels
3990 Sheraton Dr Macon, GA 31210-1721
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2407094
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1990
Total area
56,755 SF
Lot
3.05 ac (132,858 SF)
Zoning code
C-2
APN
N041-0042
UPID
US22-2407094
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 Macon Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.33M
CAP Approach
CAP
$6.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.63M
Owner & transaction history
Kubera Reit LLC · 2 yrs held
Kubera Reit LLC
since 2023
Last sale
$8.5M
2 recorded transactions
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+100.9%
Commercial (general)
$8.4M
+86.1%
Medical building
$7.3M
+60.7%
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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$7,440,000
ML approach
$7,330,000
CAP Approach
CAP Return
Estimation
6%
$6,875,000
6.5%
$6,345,000
7%
$5,890,000
Alternative Use
Use
Estimation
RESTAURANT
$9,105,000
Change: +101% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,435,000
Change: +86% · Conversion: Difficult
MEDICAL BUILDING
$7,280,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$5,005,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,745,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$7.63M
Range $6.86M – $8.39M · ±10% · vs last sale $8.50M (Oct 25 2023)
Last sale anchor
$8.50M
Oct 25 2023
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
$134 / 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
$44,611
Tax year 2023
Assessed value
$1,506,058
Assessed 2023
Previous assessed
$1,506,058
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$216,450
Assessed improvement
$1,289,608
Land market value
$541,125
Improvement market value
$3,224,021
Total market value
$3,765,146
Applied tax rate
11.0000
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
1990
Heating
NONE
Cooling
YES
Stories
3
Total area
56,755 SF
Lot
3.05 ac (132,858 SF)
Zoning code
C-2
APN
N041-0042
UPID
US22-2407094
Jurisdiction
BIBB
Zoning & alternative use
C-2 · Macon, GA
Zoning C-2 · permitted uses
C-2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$7.3M
RETAIL STORES
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1990
Heating
NONE
Cooling
Yes
Stories
3
Lot
3.05 ac
Current owner
From public records · entity-resolved
Kubera Reit LLC
Entity
Mailing address
28 S WINDSOR DR, ROGERS, TX 76569
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
$8,500,000
Kubera Reit LLC
Sb Hcp Macon LLC
Limited Warranty Deed
$4,328,000 · The Bancorp Bank
Mar 1, 2023
$6,250,000
Sb Hcp Macon LLC
Service Properties Trust
Limited Warranty Deed
$48,390,000 · Newcrestimage Capital I LLC
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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