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Property profile & analytics
OFF-MARKET
Estimated value
$4,515,000
Hotels
5423 Asheville Hwy Knoxville, TN 37914-3858
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-3272406
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1974
Construction
LIGHT FRAME
Total area
39,780 SF
Lot
3.55 ac (154,638 SF)
APN
071GD00101
UPID
US80-3272406
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
-
Days Inn by Wyndham Knoxville East Hotel & Motel
-
Fountain lions club Garden Center Landscaping
-
ATM (ATM Link, Inc.) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.52M
Blend (final)
Blend
$4.52M
Owner & transaction history
Smart Hospitality LLC · 11 yrs held
Smart Hospitality LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.4M
+20.7%
Retail stores
$5.3M
+0.9%
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 Knoxville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knoxville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,270,000
Current use
AUTO REPAIR, GARAGE
$6,360,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$5,315,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.52M
Range $4.06M – $4.97M · ±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
$113 / 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
$27,781
Tax year 2023
Assessed value
$1,288,760
Assessed 2023
Previous assessed
$1,288,760
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$520,000
Improvement market value
$2,701,900
Total market value
$3,221,900
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
1974
Construction
LIGHT FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Units
1
Total area
39,780 SF
Lot
3.55 ac (154,638 SF)
APN
071GD00101
UPID
US80-3272406
Jurisdiction
KNOX
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
$5.3M
AUTO REPAIR, GARAGE
Est. value
$6.4M
RETAIL STORES
Est. value
$5.3M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
LIGHT FRAME
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
1
Lot
3.55 ac
Current owner
From public records · entity-resolved
Smart Hospitality LLC
Entity
Mailing address
3109 STEPHENS LNDG WAY, KNOXVILLE, TN 37932-1143
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2016
—
Smart Hospitality LLC
—
Deed
related
$300,000 · Cbbc Bk
Sep 25, 2014
$2,400,000
Smart Hospitality LLC
Heena Investment LLC
Trustees Deed
$1,296,000 · Citizens Bk/blount Cnty
Sep 25, 2014
—
Smart Hospitality LLC
—
Grant Deed
related
$1,104,000 · Citizens Bk/blount Cnty
Sep 12, 2008
$307,100
Heena Investment LLC
Knoxville Motel LLC
Warranty Deed
$2,375,000 · Citizens Bank Of Blount County
Jul 22, 2004
$2,925,000
Knoxville Motel LLC
Kris Motel Partnership LLC
Warranty Deed
—
Jul 22, 2004
—
Kanti N Patel
Kris Motel Partnership LLC
Quit Claim Deed
related
—
Jul 21, 2004
$1,316,250
Kanti N Patel
Kris Motel Partnership LLC
Quit Claim Deed
related
—
Mar 18, 1997
—
Kris Motel Partnership LLC
—
Deed Of Trust
related
—
—
—
Smart Hospitality LLC
—
Deed Of Trust
related
$300,000 · Cbbc Bk
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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