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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Hotels
5635 Tillmans Cor Pkwy Mobile, AL 36619-1977
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-0624710
Property summary
AI-generated overview
This exceptional investment opportunity presents a 46-key Red Roof Inn hotel in Mobile, Alabama. Located at 5635 Tillmans Corner Pkwy, 36619, this property boasts a prime location directly off a high-traffic interstate, within a thriving hotel corridor. The hotel, encompassing 22,399 square feet across a single building, underwent a complete renovation in 2023, ensuring modern amenities and optimal operational efficiency. The asking price is $3,500,000, translating to $156.26 per square foot. Financial performance data and detailed location information are available upon request and execution of a non-disclosure agreement. This turnkey operation offers immediate returns and significant growth potential, making it an ideal acquisition for experienced hospitality investors seeking a branded, high-performing asset in a desirable market. The property includes a swimming pool and other amenities. This is a rare opportunity to acquire a well-established, high-performing hotel in a prime location.
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Total area
22,399 SF
Lot
0.92 ac (40,119 SF)
APN
33 08 27 2 000 023.01X
UPID
US03-0624710
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
-
Red Roof Inn & Suites Mobile SW - I-10 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$2.09M
Owner & transaction history
Jai Mahakal LLC · 4 yrs held
Jai Mahakal LLC
since 2022
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.2M
+62.9%
Office building
$2.4M
+25.8%
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 Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile 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
$2,350,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
$1,965,000
6.5%
$1,815,000
7%
$1,685,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,940,000
Current use
INDUSTRIAL (GENERAL)
$3,160,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$2,440,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±10% · vs last sale $2.05M (May 26 2022)
Last sale anchor
$2.05M
May 26 2022
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
$93 / 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
$22,934
Tax year 2023
Assessed value
$432,940
Assessed 2023
Previous assessed
$432,940
+0.0% YoY
Effective rate
5.30%
On assessed value
Assessed land
$72,260
Assessed improvement
$360,680
Land market value
$361,300
Improvement market value
$1,803,400
Total market value
$2,164,700
Applied tax rate
10.0000
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
Status
Off-Market
Year built
1998
Heating
NONE
Stories
3
Rooms
46
Bathrooms
4
Total area
22,399 SF
Lot
0.92 ac (40,119 SF)
APN
33 08 27 2 000 023.01X
UPID
US03-0624710
Jurisdiction
MOBILE
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
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.4M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
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
1998
Heating
NONE
Stories
3
Rooms
46
Bathrooms
4
Lot
0.92 ac
Current owner
From public records · entity-resolved
Jai Mahakal LLC
Entity
Mailing address
5635 TILLMANS COR PKWY, MOBILE, AL 36619-1977
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
$2,050,000
Jai Mahakal LLC
Kaylen LLC
Warranty Deed
$1,757,500 · Embassy National Bank
Aug 28, 2020
—
Kaylen LLC
—
Deed
related
$300,000 · Promiseone Bk
Mar 21, 2017
$4,509,502
Mobile Inn I LLC
Inn Daphne INC
Warranty Deed
related
$32,000,000 · Vmc Lender LLC
Dec 11, 2014
$1,000,001
Kaylen LLC
Shantu J Patel
Deed
—
—
—
Kaylen LLC
—
Deed Of Trust
related
$300,000 · Promiseone 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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