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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Motels
61 Casey Jones Ln Jackson, TN 38305-2401
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-0624244
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2009
Construction
WOOD
Total area
44,629 SF
Lot
1.81 ac (78,844 SF)
Zoning code
RG2
APN
057055 06504
UPID
US80-0624244
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
-
Comfort Suites Jackson I-40 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Prime Ads Outdoor Media LLC · 4 yrs held
Prime Ads Outdoor Media LLC
since 2022
Last sale
$575,000
6 recorded transactions
Zoning & alternative use
RG2 · Jackson, TN
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$620,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,195,000
Current use
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $575k (Jan 20 2022)
Last sale anchor
$575k
Jan 20 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
$19 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$62,501
Tax year 2022
Assessed value
$1,793,440
Assessed 2023
Previous assessed
$1,793,440
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$226,240
Assessed improvement
$1,567,200
Land market value
$565,600
Improvement market value
$3,918,000
Total market value
$4,483,600
Applied tax rate
57.0000
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
2009
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
72
Total area
44,629 SF
Lot
1.81 ac (78,844 SF)
Zoning code
RG2
APN
057055 06504
UPID
US80-0624244
Jurisdiction
MADISON
Zoning & alternative use
RG2 · Jackson, TNZoning RG2 · permitted uses
RG2 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CITY OF JACKSON
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
HOTEL/MOTEL Current
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
2009
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
72
Lot
1.81 ac
Current owner
From public records · entity-resolved
Prime Ads Outdoor Media LLC
Entity
Free & Clear · 4 yrs held
Mailing address
61 CASEY JONES LN, JACKSON, TN 38305-2401
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2022
$575,000
Prime Ads Outdoor Media LLC
Gary A Taylor
Warranty Deed
—
Dec 9, 2019
—
Madison Hospitality LLC
—
Deed
related
$2,963,803 · Commercial Bk
Apr 25, 2008
—
Madison Hospitality LLC
—
Trustees Deed
related
$4,750,000 · Commercial Bk
Aug 13, 2007
$670,000
Madison Hospitality LLC
Taylor,gary A
Warranty Deed
—
May 3, 2005
$550,000
Gary A Taylor
Madden,thomas J III & Edna E P
Warranty Deed
$650,000 · First Tennessee Bank National
—
—
Madison Hospitality LLC
—
Loan Modification
related
$2,963,803 · Commercial 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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