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Property profile & analytics
OFF-MARKET
Estimated value
$4,345,000
Motels
6800 Shannon Pkwy Union City, GA 30291
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0727317
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Total area
32,182 SF
Lot
0.89 ac (38,681 SF)
Zoning code
GC
APN
09F150800630095
UPID
US22-0727317
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
$4.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$4.35M
Owner & transaction history
Varni Hospitality LLC · 6 yrs held
Varni Hospitality LLC
since 2020
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
GC · Union City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
GC district is intended to provide locations for various types of commercial, retail, restaurants, hotels, and professional office uses. This district is designed to promote a vibrant city and other unique development opportunities that encourage development and redevelopment efforts.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
834.56 ac
Source
Realmo
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$4,260,000
ML approach
$4,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,060,000
Current use
Blend value · Realmo final
$4.35M
Range $3.91M – $4.78M · ±10% · vs last sale $4.60M (Jan 30 2020)
Last sale anchor
$4.60M
Jan 30 2020
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
$135 / 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
$38,107
Tax year 2023
Assessed value
$1,350,060
Assessed 2023
Previous assessed
$1,350,060
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$151,000
Assessed improvement
$1,199,060
Land market value
$377,500
Improvement market value
$2,997,650
Total market value
$3,375,150
Applied tax rate
50.0000
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
2000
Heating
NONE
Stories
1
Units
59
Total area
32,182 SF
Lot
0.89 ac (38,681 SF)
Zoning code
GC
APN
09F150800630095
UPID
US22-0727317
Jurisdiction
FULTON
Zoning & alternative use
GC · Union City, GAZoning GC · permitted uses
GC · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
GC district is intended to provide locations for various types of commercial, retail, restaurants, hotels, and professional office uses. This district is designed to promote a vibrant city and other unique development opportunities that encourage development and redevelopment efforts.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
834.56 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.1M
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
2000
Heating
NONE
Stories
1
Units
59
Lot
0.89 ac
Current owner
From public records · entity-resolved
Varni Hospitality LLC
Entity
Mailing address
5277 ROSEWOOD PL, FAIRBURN, GA 30213-5115
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Feb 25, 2020
—
Varni Hospitality LLC
Quantum Natl Bk
Quit Claim Deed
related
—
Jan 31, 2020
—
Shriji Hospitality INC
—
Deed
related
$3,645,000 · Varni Hospitality LLC
Nov 8, 2016
—
Varni Hospitality LLC
—
Deed
related
$2,835,000 · Quantum National Bank
Sep 2, 2011
$1,330,000
Unity Hotels LLC
Atlas Ga II Spe LLC
Grant Deed
—
Sep 2, 2011
—
Unity Hotels LLC
Atlas Ga II Spe LLC
Quit Claim Deed
related
$1,264,000 · Embassy Nat'l Bk
Apr 8, 2011
$1,100,000
Atlas Ga II Spe LLC
Union City Hospitality Group L
Trustees Deed
—
Nov 10, 2005
—
Union City Hospitality Group LLC
R & M Lodge LLC
Quit Claim Deed
related
—
Oct 28, 2005
$2,800,000
Union City Hospitality Group LLC
R & M Lodge LLC
Grant Deed
$1,600,000 · Branch Bk&tr
—
—
Union City Hospitality Group LLC
—
Deed Of Trust
related
$1,153,000 · Georgia Certified Dev Corp
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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