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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Motels
661 Harrison Fry Rd White Pine, TN 37890
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0992956
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,869 SF
Lot
1.4 ac (60,984 SF)
Zoning code
R-1
APN
061 00206
UPID
US80-0992956
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
-
Baneberry Inn Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Jason T Pinyon · 3 yrs held
Jason T Pinyon
since 2023
Last sale
$743,000
6 recorded transactions
Zoning & alternative use
R-1 · White Pine, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 White Pine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White Pine 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
$735,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,090,000
Change: 0% · Conversion: Difficult
RESTAURANT
$990,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$885,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$800,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$785,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $743k (Apr 6 2023)
Last sale anchor
$743k
Apr 6 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
$75 / 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
Property tax & assessments
Assessed value
$164,960
Assessed 2023
Previous assessed
$164,960
+0.0% YoY
Assessed land
$11,960
Assessed improvement
$153,000
Land market value
$29,900
Improvement market value
$382,500
Total market value
$412,400
Applied tax rate
45.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
26
Bathrooms
16
Total area
9,869 SF
Lot
1.4 ac (60,984 SF)
Zoning code
R-1
APN
061 00206
UPID
US80-0992956
Jurisdiction
JEFFERSON
Zoning & alternative use
R-1 · White Pine, TN
Zoning R-1 · permitted uses
R-1 · White Pine, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
White Pine. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$990,000
AUTO REPAIR, GARAGE
Est. value
$885,000
RETAIL STORES
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$785,000
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
26
Bathrooms
16
Lot
1.4 ac
Current owner
From public records · entity-resolved
Jason T Pinyon
Individual
Mailing address
202 MTN VIS WAY, NEWPORT, TN 37821-7083
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
Apr 6, 2023
$743,000
Jason T Pinyon
Hari Om Lakshmi INC
Warranty Deed
$525,000 · Wilson Bank & Trust
Jun 3, 2022
$550,000
Hari Om Lakshmi INC
C & M LLC
Warranty Deed
$412,500 · Wilson Bank & Trust
Mar 11, 2019
—
Warrior Golf LLC
Warrior Golf Capital LLC
Correction Deed
related
—
Aug 3, 2012
$1,975,000
Warrior Golf Capital LLC
Warrior Acquisitions LLC
Warranty Deed
—
Aug 3, 2012
$1,240,000
Warrior Acquisitions LLC
Baneberry Links INC
Warranty Deed
$600,000 · Baneberry Links INC
Jul 15, 1988
$34,000
Baneberry Resorts INC
Unknown
Grant Deed
—
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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