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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Motels
4234 Ft Henry Dr Kingsport, TN 37663-2228
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1994541
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,322 SF
Lot
1 ac (43,560 SF)
Zoning code
B-4
APN
082092J C 05510
UPID
US80-1994541
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
-
Motel 6 Kingsport, TN Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.97M
Owner & transaction history
Jai Sainath INC · 4 yrs held
Jai Sainath INC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
B-4 · Kingsport, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+214.0%
Restaurant
$2.4M
+171.0%
Auto repair, garage
$1.9M
+122.6%
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 Kingsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsport 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
$1,955,000
ML approach
$1,980,000
CAP Approach
CAP Return
Estimation
6%
$2,645,000
6.5%
$2,445,000
7%
$2,270,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,730,000
Change: +214% · Conversion: Difficult
RESTAURANT
$2,360,000
Change: +171% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,935,000
Change: +123% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,895,000
Change: +118% · Conversion: Difficult
MEDICAL BUILDING
$1,655,000
Change: +90% · Conversion: Difficult
Blend value · Realmo final
$1.97M
Range $1.77M – $2.17M · ±10% · vs last sale $1.98M (Apr 11 2022)
Last sale anchor
$1.98M
Apr 11 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
$78 / 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
Property tax & assessments
Assessed value
$495,240
Assessed 2023
Previous assessed
$495,240
+0.0% YoY
Assessed land
$101,680
Assessed improvement
$393,560
Land market value
$254,200
Improvement market value
$983,900
Total market value
$1,238,100
Applied tax rate
82.0000
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
51
Total area
25,322 SF
Lot
1 ac (43,560 SF)
Zoning code
B-4
APN
082092J C 05510
UPID
US80-1994541
Jurisdiction
SULLIVAN
Zoning & alternative use
B-4 · Kingsport, TN
Zoning B-4 · permitted uses
B-4 · Kingsport, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingsport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.7M
RESTAURANT
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
51
Lot
1 ac
Current owner
From public records · entity-resolved
Jai Sainath INC
Entity
Mailing address
4234 FT HENRY DR, KINGSPORT, TN 37663-2228
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
Apr 11, 2022
$1,975,000
Jai Sainath INC
Colonial Inn LLC
Warranty Deed
$1,600,000 · Hanmi Bank
Jun 23, 2020
—
Colonial Inn LLC
—
Deed
related
—
Jan 3, 2019
—
Colonial Inn LLC
—
Deed
related
$13,294 · First Cmnty Bk/e Tn
Jul 8, 2013
—
Colonial Inn LLC
Patel,sudhaben
Quit Claim Deed
related
—
Mar 6, 2007
$2,080,000
Sudhaben Patel
Sai Nath Rental LLC
Warranty Deed
—
—
—
Colonial Inn LLC
—
Loan Modification
related
$13,294 · First Cmnty Bk/e Tn
—
—
Sudhaben Patel
—
Deed Of Trust
related
$1,459,943 · First Community Bank East Tn
—
—
Colonial Inn LLC
—
Loan Modification
related
—
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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