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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Hotels
500 Lorene SW Dr Marietta, GA 30060-4652
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1234956
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1987
Total area
15,300 SF
Lot
0.96 ac (41,883 SF)
Zoning code
GC
APN
17008500170
UPID
US22-1234956
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
-
Efficiency Lodge Hotel & Motel Bed & Breakfast
-
Lorene Lodge Hotel & Motel
-
Morninglory Foundation Inc Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$920k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Lebo INC · 1 yrs held
Lebo INC
since 2024
4 recorded transactions
Zoning & alternative use
GC · Marietta, GA
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,000,000
6.5%
$920,000
7%
$855,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$48 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,628
Tax year 2024
Assessed value
$385,680
Assessed 2024
Previous assessed
$385,680
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$123,036
Assessed improvement
$262,644
Land market value
$307,590
Improvement market value
$656,610
Total market value
$964,200
Applied tax rate
9.0000
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/MOTEL
Status
Off-Market
Year built
1987
Heating
NONE
Units
60
Total area
15,300 SF
Lot
0.96 ac (41,883 SF)
Zoning code
GC
APN
17008500170
UPID
US22-1234956
Jurisdiction
COBB
Zoning & alternative use
GC · Marietta, GAZoning GC · permitted uses
GC · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
60
Lot
0.96 ac
Current owner
From public records · entity-resolved
Lebo INC
Entity
Free & Clear · 1 yrs held
Mailing address
500 PO BOX 635TH DR, MABLETON, GA 30126-0635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Lebo INC
5th Street Lorene LLC
Deed
—
Nov 17, 2023
—
Secure Debt From Lebo INC
Standard Insurance Company
Deed
—
Oct 31, 2008
—
Lebo INC
Chapple Corp
Quit Claim Deed
related
$4,000,000 · Standard Insurance Co
Oct 24, 2008
—
Lebo INC
Chapple Corp
Grant Deed
$4,000,000 · Standard Insurance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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