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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Motels
628 Southside Commercial Pkwy Jonesboro, GA 30236-8912
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-0129480
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2002
Total area
20,161 SF
Lot
3.14 ac (136,648 SF)
Zoning code
MX
APN
13-146C- A-019
UPID
US22-0129480
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 Jonesboro, GA Hotel & Motel
-
Branches committee Community Garden
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.16M
Owner & transaction history
Shree Laxmi Hotel LLC · 15 yrs held
Shree Laxmi Hotel LLC
since 2011
7 recorded transactions
Zoning & alternative use
MX · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Mixed use districts for establishment of complementary groupings of residential, commercial or office uses
Zone name
Mixed Use District
General category
MIXED_USE
Zone area
94.38 ac
Source
Realmo
Top alternative use upside
Medical building
$1.8M
+8.8%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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%
$1,315,000
6.5%
$1,215,000
7%
$1,130,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,625,000
Current use
MEDICAL BUILDING
$1,765,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$58 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$71,782
Tax year 2024
Assessed value
$1,840,000
Assessed 2024
Previous assessed
$1,840,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$163,960
Assessed improvement
$1,676,040
Land market value
$409,900
Improvement market value
$4,190,100
Total market value
$4,600,000
Applied tax rate
8.0000
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
2002
Heating
NONE
Total area
20,161 SF
Lot
3.14 ac (136,648 SF)
Zoning code
MX
APN
13-146C- A-019
UPID
US22-0129480
Jurisdiction
CLAYTON
Zoning & alternative use
MX · Jonesboro, GAZoning MX · permitted uses
MX · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Mixed use districts for establishment of complementary groupings of residential, commercial or office uses
Zone name
Mixed Use District
General category
MIXED_USE
Zone area
94.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.8M
HOTEL/MOTEL Current
MEDICAL 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
2002
Heating
NONE
Lot
3.14 ac
Current owner
From public records · entity-resolved
Shree Laxmi Hotel LLC
Entity
Mailing address
628 SOUTHSIDE COMMERCIAL PKWY, JONESBORO, GA 30236-8912
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2020
—
Shree Laxmi Hotel LLC
—
Deed
related
—
Apr 3, 2020
—
Shree Laxmi Hotel LLC
—
Deed
related
$2,837,950 · United Bk
May 31, 2011
$1,850,000
Shree Laxmi Hotel LLC
Supertel LP
Grant Deed
$1,470,000 · Embassy National Bank
Feb 14, 2007
$6,000,000
Supertel Ltd Partnership
Afsar Properties LLC
Grant Deed
$34,000,000 · Great Western Bank
May 4, 2006
—
Clayton County Board Of Commis
Afsar Properties LLC
Grant Deed
related
—
Mar 15, 2004
—
Afsar Properties LLC
—
Trustees Deed
related
$2,087,903 · Heritage Bk NA-09
—
—
Supertel,limited Partnership
—
Deed Of Trust
related
$46,000,000 · Great Western Bank
—
—
Shree Laxmi Hotel LLC
—
Loan Modification
related
$2,837,950 · United Bk
—
—
Shree Laxmi Hotel LLC
—
Loan Modification
related
—
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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