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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Motels
4890 University NW Dr Huntsville, AL 35816-1848
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US03-0350268
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
MIXED
Total area
42,624 SF
Lot
1.46 ac (63,598 SF)
APN
14-09-32-2-000-022.000
UPID
US03-0350268
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
-
Best Western Huntsville Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$770k
Owner & transaction history
Cheharma LLC · 6 yrs held
Cheharma LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$815,000
Current use
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$18 / 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
$40,375
Tax year 2023
Assessed value
$696,120
Assessed 2023
Previous assessed
$630,100
+10.5% YoY
Effective rate
5.80%
On assessed value
Assessed land
$144,100
Assessed improvement
$552,020
Land market value
$720,500
Improvement market value
$2,760,100
Total market value
$3,480,600
Applied tax rate
2.0000
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
1986
Construction
MIXED
Heating
FLOOR/WALL FURNACE
Stories
3
Units
1
Bathrooms
1
Total area
42,624 SF
Lot
1.46 ac (63,598 SF)
APN
14-09-32-2-000-022.000
UPID
US03-0350268
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$815,000
HOTEL/MOTEL Current
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
1986
Construction
MIXED
Heating
FLOOR/WALL FURNACE
Stories
3
Units
1
Bathrooms
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Cheharma LLC
Entity
Mailing address
4890 UNIVERSITY DR NW, HUNTSVILLE, AL 35816-1848
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
—
Cheharma LLC
—
Deed
related
$550,000 · Peoples Independent Bank
Nov 25, 2020
—
Cheharma LLC
—
Deed Of Trust
related
$4,000,000 · Aum Capital Group LLC
Jun 2, 2020
—
Cheharma LLC
—
Deed
related
$180,000 · Madison Fair Hotel LLC
Sep 18, 2019
$2,900,000
Cheharma LLC
Champion Southeastern Dev LLC
Trustees Deed
$2,117,807 · Bryant Bk
Nov 16, 2015
$2,600,000
Champion Southeastern Dev LLC
Supreme Bright Portfolio II Ll
Grant Deed
$2,603,000 · Interbank
Aug 8, 2007
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
—
Oct 27, 2006
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
$185,000,000 · Bank Of America
—
—
Cheharma LLC
—
Deed Of Trust
related
$180,000 · Madison Fair Hotel LLC
—
—
Cheharma LLC
—
Deed Of Trust
related
$850,000 · Venus Hospitality LLC
—
—
Cheharma LLC
—
Deed Of Trust
related
$120,000 · Cullman Fair Hotel LLC
—
—
Cheharma LLC
—
Deed Of Trust
related
$300,000 · Vijay Patel
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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