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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Hotels
465 Vann Dr Jackson, TN 38305-6018
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0134409
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,824 SF
Lot
1.8 ac (78,408 SF)
Zoning code
SC1
APN
057055 01611
UPID
US80-0134409
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
-
Candy’s burgers and fries Restaurant
-
Candice hotel #1 Hotel & Motel
-
Baymont by Wyndham Jackson Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$890k
Owner & transaction history
Shiv Sarika LLC · 8 yrs held
Shiv Sarika LLC
since 2017
6 recorded transactions
Zoning & alternative use
SC1 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
CITY OF JACKSON
Top alternative use upside
Auto repair, garage
$1.3M
+70.2%
Warehouse, storage
$975,000
+30.8%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
by Request
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$745,000
Current use
AUTO REPAIR, GARAGE
$1,270,000
Change: +70% · Conversion: Difficult
WAREHOUSE, STORAGE
$975,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10%
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
$32 / 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
$39,885
Tax year 2022
Assessed value
$1,144,480
Assessed 2023
Previous assessed
$1,144,480
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$216,000
Assessed improvement
$928,480
Land market value
$540,000
Improvement market value
$2,321,200
Total market value
$2,861,200
Applied tax rate
57.0000
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
64
Total area
27,824 SF
Lot
1.8 ac (78,408 SF)
Zoning code
SC1
APN
057055 01611
UPID
US80-0134409
Jurisdiction
MADISON
Zoning & alternative use
SC1 · Jackson, TNZoning SC1 · permitted uses
SC1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CITY OF JACKSON
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$975,000
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
64
Lot
1.8 ac
Current owner
From public records · entity-resolved
Shiv Sarika LLC
Entity
Mailing address
465 VANN DR, JACKSON, TN 38305-6018
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2017
—
Shiv Sarika LLC
—
Deed
related
$732,000 · Brightbridge INC
Sep 28, 2017
$2,350,000
Shiv Sarika LLC
Roshini Hospitality LLC
Warranty Deed
$1,185,000 · Community Bank
Nov 15, 2011
$2,730,000
Roshni Hospitality LLC
Shree Hari II LLC
Warranty Deed
$2,050,000 · First State Bank
Jun 23, 2005
$2,175,000
Shree-hari II LLC
Pmc Commercial Trust
Grant Deed
$1,795,000 · Community South Bank
May 30, 1997
—
Ap Hotels Of Tennessee
—
Deed Of Trust
related
—
—
—
Shiv Sarika LLC
—
Deed Of Trust
related
$732,000 · Brightbridge INC
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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