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Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Hotels
4225 American Way, Memphis, TN 38118-2014
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2006028
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2002
Total area
57,362 SF
Lot
2.23 ac (96,965 SF)
Zoning code
CA
APN
073-022- -D-00062
UPID
US80-2006028
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
-
Comfort Inn Airport Hotel & Motel
-
Comfort Inn & Suites Airport-American Way Hotel & Motel
-
Mason Temple Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.38M
Owner & transaction history
Kriya Krishna LLC · 3 yrs held
Kriya Krishna LLC
since 2022
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
CA · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+42.4%
Apartment house (5+ units)
$5.1M
+30.7%
Retail stores
$4.8M
+21.9%
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 Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis 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
$3,775,000
ML approach
$4,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,905,000
Current use
AUTO REPAIR, GARAGE
$5,560,000
Change: +42% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,105,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$4,760,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$4,455,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,465,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$4.38M
Range $3.94M – $4.81M · ±10% · vs last sale $4.75M (Sep 15 2022)
Last sale anchor
$4.75M
Sep 15 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
$76 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$51,170
Tax year 2022
Assessed value
$840,000
Assessed 2023
Previous assessed
$840,000
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$232,880
Assessed improvement
$607,120
Land market value
$582,200
Improvement market value
$1,517,800
Total market value
$2,100,000
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/MOTEL
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
57,362 SF
Lot
2.23 ac (96,965 SF)
Zoning code
CA
APN
073-022- -D-00062
UPID
US80-2006028
Jurisdiction
SHELBY
Zoning & alternative use
CA · Memphis, TN
Zoning CA · permitted uses
CA · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
RETAIL STORES
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$3.5M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Kriya Krishna LLC
Entity
Mailing address
4225 AMERICAN WAY, MEMPHIS, TN 38118-2014
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2022
$4,750,000
Kriya Krishna LLC
Ganeshdada LLC
Warranty Deed
$4,000,000 · Ganeshdada LLC
Sep 26, 2019
—
Ganeshdada LLC
—
Deed
related
$2,150,000 · First Freedom Bk
Jan 3, 2013
—
Ganeshdada LLC
Patel,jayesh D
Quit Claim Deed
related
—
May 1, 2012
—
Jayesh Patel
—
Trustees Deed
related
$1,650,000 · National Republic Bank Chicago
Aug 23, 2011
$1,010,000
Jayesh Patel
Obryan,william R JR
Trustees Deed
$1,650,000 · National Republic Bank Chicago
—
—
Ganeshdada LLC
—
Deed Of Trust
related
$2,150,000 · First Freedom Bk
—
—
Ganeshdada LLC
—
Loan Modification
related
$2,150,000 · First Freedom Bk
—
—
Laxmi LLC
—
Deed Of Trust
related
$3,700,000 · Stearns Bank NA
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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