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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Motels
701 Southside Commercial Pkwy Jonesboro, GA 30236-8923
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1425275
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2004
Total area
19,496 SF
Lot
0.89 ac (38,551 SF)
Zoning code
MX
APN
13-146C- A-025
UPID
US22-1425275
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
-
Magnolia Bay Hotel & Suites - Jonesboro,Georgia Hotel & Motel
-
Car Key Repair Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Bhanu 21 LLC · 2 yrs held
Bhanu 21 LLC
since 2024
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
MX · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+64.1%
Retail stores
$2.0M
+25.1%
Restaurant
$1.9M
+21.4%
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
$1,600,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
$1,275,000
6.5%
$1,175,000
7%
$1,090,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,570,000
Current use
AUTO REPAIR, GARAGE
$2,575,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$1,965,000
Change: +25% · Conversion: Difficult
RESTAURANT
$1,905,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,710,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.60M (Mar 19 2024)
Last sale anchor
$1.60M
Mar 19 2024
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
$82 / 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
$14,825
Tax year 2024
Assessed value
$380,000
Assessed 2024
Previous assessed
$380,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$30,800
Assessed improvement
$349,200
Land market value
$77,000
Improvement market value
$873,000
Total market value
$950,000
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
2004
Heating
NONE
Total area
19,496 SF
Lot
0.89 ac (38,551 SF)
Zoning code
MX
APN
13-146C- A-025
UPID
US22-1425275
Jurisdiction
CLAYTON
Zoning & alternative use
MX · Jonesboro, GA
Zoning MX · permitted uses
MX · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RETAIL STORES
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
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
2004
Heating
NONE
Lot
0.89 ac
Current owner
From public records · entity-resolved
Bhanu 21 LLC
Entity
Mailing address
701 SOUTHSIDE COMMERCIAL PKWY, JONESBORO, GA 30236-8923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2024
$1,600,000
Bhanu 21 LLC
Ah Hospitality LLC
Warranty Deed
$1,300,000 · Readycap Lending
Jan 9, 2018
$1,200,000
Ah Hospitality LLC
Jonesboro Hospitality LLC
Grant Deed
$986,000 · Commonwealth Busn Bk
Jan 9, 2018
—
Ah Hospitality LLC
—
Deed
related
$985,000 · Commonwealth Business Bank
Aug 19, 2011
$1,250,000
Jonesboro Hospitality LLC
Diamond Hospitality INC
Grant Deed
$1,000,000 · Cherokee Bank NA
Oct 10, 2005
$2,000,000
Diamond Hospitality INC
Jdh INC
Deed
$1,500,000 · Cherokee Bk NA
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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