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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Motels
5676 Tillmans Cor Pkwy Mobile, AL 36619-1962
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0623949
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Total area
21,686 SF
Lot
1.54 ac (67,213 SF)
APN
33 08 27 2 000 023.002
UPID
US03-0623949
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
-
Super 8 by Wyndham Mobile/Tillmans Corner Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.76M
Owner & transaction history
Saijala LLC · 5 yrs held
Saijala LLC
since 2020
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
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
$1,795,000
ML approach
$1,735,000
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,755,000
7%
$1,630,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,880,000
Current use
OFFICE BUILDING
$2,365,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.37M (Dec 22 2020)
Last sale anchor
$1.37M
Dec 22 2020
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
$81 / 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
$23,981
Tax year 2023
Assessed value
$394,300
Assessed 2023
Previous assessed
$394,300
+0.0% YoY
Effective rate
6.08%
On assessed value
Assessed land
$121,000
Assessed improvement
$273,300
Land market value
$605,000
Improvement market value
$1,366,500
Total market value
$1,971,500
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1995
Heating
NONE
Stories
2
Bathrooms
3
Total area
21,686 SF
Lot
1.54 ac (67,213 SF)
APN
33 08 27 2 000 023.002
UPID
US03-0623949
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
OFFICE BUILDING
Est. value
$2.4M
HOTEL/MOTEL Current
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
1995
Heating
NONE
Stories
2
Bathrooms
3
Lot
1.54 ac
Current owner
From public records · entity-resolved
Saijala LLC
Entity
Mailing address
5676 TILLMANS COR PKWY, MOBILE, AL 36619-1962
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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 22, 2020
$1,370,000
Saijala LLC
Jenishkumar Patel
Warranty Deed
$1,370,000 · First Western Sblc INC
Feb 7, 2018
$275,000
Jenishkumar Patel
Jay Ram INC
Grant Deed
—
—
—
Jay Ram INC
—
Deed Of Trust
related
$1,000,000 · Temecula Vly Bk
—
—
Jay Ram INC
—
Deed Of Trust
related
$600,000 · Bank Of Las Vegas
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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