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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Motels
5640 Merchants Ctr Blvd Knoxville, TN 37912-3459
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0980846
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1982
Construction
LIGHT FRAME
Total area
13,824 SF
Lot
1.98 ac (86,249 SF)
APN
068KC00216
UPID
US80-0980846
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
-
Motel 6 Knoxville, TN - North Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$2.36M
Owner & transaction history
Jai Kapish Hospitality INC · 8 yrs held
Jai Kapish Hospitality INC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.8M
+53.0%
Neighborhood: shopping center
$2.7M
+45.4%
Apartment house (5+ units)
$2.2M
+21.2%
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
$1,830,000
Current use
MEDICAL BUILDING
$2,800,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,660,000
Change: +45% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,220,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,210,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$1,845,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$2.36M
Range $2.12M – $2.60M · ±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
$171 / 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
$16,675
Tax year 2023
Assessed value
$773,570
Assessed 2023
Previous assessed
$773,570
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$688,200
Improvement market value
$1,246,100
Total market value
$1,934,300
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
1982
Construction
LIGHT FRAME
Heating
STEAM
Cooling
YES
Buildings
2
Stories
2
Units
1
Total area
13,824 SF
Lot
1.98 ac (86,249 SF)
APN
068KC00216
UPID
US80-0980846
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
$1.8M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$1.8M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1982
Construction
LIGHT FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Jai Kapish Hospitality INC
Entity
Mailing address
2200 CHATTANOOGA RD, DALTON, GA 30720-2963
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
—
Sal Kapish Hospitality INC
—
Deed
related
$2,000,000 · United States Small Business Admin
Dec 13, 2019
—
Jai Kapish Hospitality LLC
—
Deed
related
$2,040,000 · Simplybank
May 14, 2018
$2,550,000
Jai Kapish Hospitality INC
Merchants Center Hotel LLC
Warranty Deed
$2,040,000 · First Bk/tn
Sep 24, 2015
$1,400,000
Merchants Center Hotel LLC
G6 Hospitality Property LLC
Grant Deed
$910,000 · Wilshire Bk
Dec 5, 2012
$1,484,035
G6 Hospitality Property LLC
Fourth Berkshire Props LLC
Grant Deed
related
$1,050,000,000 · Citigroup Global Markets Realt
Mar 16, 2001
$1,854,000
Fourth Berkshire Properties
Red Roof Inns INC
Grant Deed
—
—
—
Jai Kapish Hospitality LLC
—
Loan Modification
related
$2,040,000 · Simplybank
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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