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Property profile & analytics
OFF-MARKET
Estimated value
$3,745,000
Motels
4979 Old National Hwy Atlanta, GA 30349-3213
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-4208736
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1974
Construction
WOOD
Total area
13,868 SF
Lot
2.29 ac (99,752 SF)
Zoning code
C2
APN
13 0061 LL1834
UPID
US22-4208736
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
-
Super 8 by Wyndham Atlanta/Hartsfield Jackson Airport Hotel & Motel
-
Rich Broke People Clothing Apparel Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.69M
Blend (final)
Blend
$3.75M
Owner & transaction history
5 Star Hotel Grp INC · 4 yrs held
5 Star Hotel Grp INC
since 2021
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
C2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+28.9%
Neighborhood: shopping center
$3.8M
+24.8%
Medical building
$3.8M
+24.6%
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$3,795,000
ML approach
$3,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,025,000
Current use
COMMERCIAL (GENERAL)
$3,900,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,775,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$3,770,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,520,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$3,245,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$3.75M
Range $3.37M – $4.12M · ±10% · vs last sale $3.65M (Dec 6 2021)
Last sale anchor
$3.65M
Dec 6 2021
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
$270 / 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
$45,438
Tax year 2023
Assessed value
$1,609,800
Assessed 2023
Previous assessed
$1,431,520
+12.5% YoY
Effective rate
2.82%
On assessed value
Assessed land
$309,240
Assessed improvement
$1,300,560
Land market value
$773,100
Improvement market value
$3,251,400
Total market value
$4,024,500
Applied tax rate
15.0000
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
1974
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
29
Total area
13,868 SF
Lot
2.29 ac (99,752 SF)
Zoning code
C2
APN
13 0061 LL1834
UPID
US22-4208736
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GAZoning C2 · permitted uses
C2 · Atlanta, GA
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
$3.0M
COMMERCIAL (GENERAL)
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
1974
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
29
Lot
2.29 ac
Current owner
From public records · entity-resolved
5 Star Hotel Grp INC
Entity
Mailing address
4979 OLD NATIONAL HWY, ATLANTA, GA 30349-3213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 6, 2021
$3,650,000
5 Star Hotel Grp INC
Lincoln Bancorp LLC
Warranty Deed
$2,737,000 · New Millennium Bank
Jan 6, 2020
—
Safi Investment INC
Ezaz Chowdhury
Quit Claim Deed
related
—
Jan 6, 2020
$3,425,000
Lincoln Bancorp LLC
Safi Investment INC
Grant Deed
related
$1,980,000 · New Millennium Bk
Jun 16, 2017
—
Safi Investment INC
—
Deed
related
$3,150,000 · New Millennium Bank
Nov 19, 2007
$425,000
Pgb LLC
Bapa Ents INC
Warranty Deed
—
May 17, 2007
$2,550,000
Safi Investment INC
Bapa Ents INC
Grant Deed
—
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.
Try Rey
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