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Property profile & analytics
OFF-MARKET
Estimated value
$1,785,000
Motels
515 Historic Nature Trl Gatlinburg, TN 37738-3344
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-1299278
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1968
Total area
19,081 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-1
APN
078137C A 02200
UPID
US80-1299278
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
-
Gatlinburg Town Square Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$1.79M
Owner & transaction history
Gene Clayton Barnes · 1 yrs held
Gene Clayton Barnes
since 2025
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
C-1 · Gatlinburg, TN
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 Gatlinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gatlinburg 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
$1,820,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,455,000
7%
$1,350,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,250,000
Current use
AUTO REPAIR, GARAGE
$2,030,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±10% · vs last sale $1.82M (Apr 15 2025)
Last sale anchor
$1.82M
Apr 15 2025
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
$94 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$10,166
Tax year 2021
Assessed value
$634,120
Assessed 2023
Previous assessed
$634,120
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$323,720
Assessed improvement
$310,400
Land market value
$809,300
Improvement market value
$776,000
Total market value
$1,585,300
Applied tax rate
78.0000
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
1968
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
43
Total area
19,081 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-1
APN
078137C A 02200
UPID
US80-1299278
Jurisdiction
SEVIER
Zoning & alternative use
C-1 · Gatlinburg, TN
Zoning C-1 · permitted uses
C-1 · Gatlinburg, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gatlinburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
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
1968
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
43
Lot
0.65 ac
Current owner
From public records · entity-resolved
Gene Clayton Barnes
Individual
Free & Clear · 1 yrs held
Mailing address
25 TOWN CTR BLVD STE C, CLERMONT, FL 34714-4836
Ownership since
2025
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
Apr 15, 2025
—
Gene Clayton Barnes
James C Barnes
Deed
related
—
Apr 8, 2024
$7,100
Club Exploria LLC
Interval Club Holdings INC
Quit Claim Deed
related
—
May 20, 1993
$1,824,300
Dogwood Properties INC
Unknown
Grant Deed
—
May 17, 1993
$1,824,300
Dogwood Properties INC
Unknown,
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.
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