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Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Motels
616 Fair Rd Statesboro, GA 30458-4927
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2475558
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1990
Construction
STEEL FRAME
Total area
9,072 SF
Lot
3.99 ac (173,804 SF)
Zoning code
CR
APN
S32-006-000
UPID
US22-2475558
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 Statesboro Hotel & Motel
-
616 Fair Rd Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.11M
Owner & transaction history
Madhav Hospitality LLC · 2 yrs held
Madhav Hospitality LLC
since 2023
Last sale
$3.1M
6 recorded transactions
Zoning & alternative use
CR · Statesboro, GA
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$3,135,000
ML approach
$3,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.11M
Range $2.80M – $3.42M · ±10% · vs last sale $3.10M (Oct 18 2023)
Last sale anchor
$3.10M
Oct 18 2023
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
$343 / 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
$23,270
Tax year 2023
Assessed value
$726,728
Assessed 2023
Previous assessed
$726,728
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$371,040
Assessed improvement
$355,688
Land market value
$927,600
Improvement market value
$889,220
Total market value
$1,816,820
Applied tax rate
1.0000
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
1990
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Total area
9,072 SF
Lot
3.99 ac (173,804 SF)
Zoning code
CR
APN
S32-006-000
UPID
US22-2475558
Jurisdiction
BULLOCH
Zoning & alternative use
CR · Statesboro, GAZoning CR · permitted uses
CR · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Statesboro
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
2
Lot
3.99 ac
Current owner
From public records · entity-resolved
Madhav Hospitality LLC
Entity
Mailing address
616 FAIR RD, STATESBORO, GA 30458-4927
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Oct 18, 2023
$3,100,000
Madhav Hospitality LLC
Jms Hospitality LLC
Warranty Deed
$1,153,000 · Florida Business Development
Sep 21, 2016
—
Jms Hospitality LLC
—
Deed
related
$1,081,000 · Citizens Bk/south
Sep 6, 2016
$1,900,000
Jms Hospitality LLC
Statesboro Motel Ng LLC
Warranty Deed
$1,081,000 · Citizens Bk/south
Aug 19, 2016
$25,000
Stubbs Oil Co INC
Statesboro Motel Ng LLC
Grant Deed
—
Aug 19, 2016
—
Stubbs Oil Co INC
Garrett Nalley Motel Fees LLC
Quit Claim Deed
related
—
—
—
Jms Hospitality LLC
—
Deed Of Trust
related
$1,081,000 · Citizens Bk/south
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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