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Property profile & analytics
OFF-MARKET
Estimated value
$13,160,000
Hotels
638 Hwy 138th W, Stockbridge, GA 30281-4251
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0503360
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2006
Construction
STEEL FRAME
Total area
73,893 SF
Lot
1.87 ac (81,457 SF)
Zoning code
C1
APN
012-01009002
UPID
US22-0503360
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.16M
Owner & transaction history
Lrp Hotels Of Stockbridge LLC · 3 yrs held
Lrp Hotels Of Stockbridge LLC
since 2022
Last sale
$17.9M
6 recorded transactions
Zoning & alternative use
C1 · Stockbridge, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$11.0M
+89.4%
Restaurant
$8.2M
+41.3%
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
$15,835,000
ML approach
$9,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,040,000
Change: +89% · Conversion: Difficult
RESTAURANT
$8,240,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$13.16M
Range $11.84M – $14.48M · ±10% · vs last sale $17.87M (Nov 8 2022)
Last sale anchor
$17.87M
Nov 8 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
$178 / 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
$86,555
Tax year 2024
Assessed value
$2,220,000
Assessed 2024
Previous assessed
$2,220,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$293,240
Assessed improvement
$1,926,760
Land market value
$733,100
Improvement market value
$4,816,900
Total market value
$5,550,000
Applied tax rate
3.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Bathrooms
120
Total area
73,893 SF
Lot
1.87 ac (81,457 SF)
Zoning code
C1
APN
012-01009002
UPID
US22-0503360
Jurisdiction
HENRY
Zoning & alternative use
C1 · Stockbridge, GA
Zoning C1 · permitted uses
C1 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$11.0M
RESTAURANT
Est. value
$8.2M
COMMERCIAL (GENERAL)
RESTAURANT
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
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Bathrooms
120
Lot
1.87 ac
Current owner
From public records · entity-resolved
Lrp Hotels Of Stockbridge LLC
Entity
Mailing address
123 CANAL ST STE #201, POOLER, GA 31322-4104
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Nov 8, 2022
$17,866,668
Lrp Hotels Of Stockbridge LLC
Hare Krishna Hare Rama LLC
Warranty Deed
$13,400,000 · Southern First Bank
Jul 6, 2005
$650,000
Parked Prop LLC
Patel,jayantibhai
Warranty Deed
—
May 11, 2005
$650,000
Patel,jayantibhai
Lowes Home Ctr INC
Grant Deed
$520,000 · First Nat'l Bk/south
—
—
Hare Krishna Hare Rama LLC
—
Deed Of Trust
related
$8,820,000 · Goldman Sachs Mortgage Co
—
—
Hare Krishna Hare Rama LLC
—
Deed Of Trust
related
$9,700,000 · First National Bank The South
—
—
Hare Krishna Hare Rama LLC
—
Deed Of Trust
related
$10,500,000 · Atlantic Southern Bank
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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