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Property profile & analytics
OFF-MARKET
Estimated value
$4,720,000
Hotels
7210 Saddlerack St Knoxville, TN 37914-9575
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3409943
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
LIGHT FRAME
Total area
38,095 SF
Lot
1.64 ac (71,438 SF)
APN
073PA00402
UPID
US80-3409943
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
-
La Quinta Inn & Suites by Wyndham Knoxville East Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$4.72M
Owner & transaction history
Rajaram Associates LLC · 4 yrs held
Rajaram Associates LLC
since 2021
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.7M
+53.0%
Neighborhood: shopping center
$7.3M
+45.4%
Auto repair, garage
$6.1M
+20.7%
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 Knoxville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knoxville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,045,000
Current use
MEDICAL BUILDING
$7,720,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,335,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,090,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$5,090,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.72M
Range $4.25M – $5.19M · ±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
$124 / 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
$49,972
Tax year 2023
Assessed value
$1,347,080
Assessed 2023
Previous assessed
$1,347,080
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$520,600
Improvement market value
$2,847,100
Total market value
$3,367,700
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
Status
Off-Market
Year built
2000
Construction
LIGHT FRAME
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
38,095 SF
Lot
1.64 ac (71,438 SF)
APN
073PA00402
UPID
US80-3409943
Jurisdiction
KNOX
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$6.1M
RETAIL STORES
Est. value
$5.1M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
Construction
LIGHT FRAME
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Rajaram Associates LLC
Entity
Mailing address
7210 SADDLERACK ST, KNOXVILLE, TN 37914-9575
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 18, 2023
—
Rajaram Associates LLC
—
Deed
related
$250,000 · First Peoples Bank Of Tennessee
Dec 1, 2021
—
Rajaram Associates LLC
Rajaram Associates
Quit Claim Deed
related
$2,500,000 · First Peoples Bank Of Tennessee
Dec 4, 2020
—
Rajaram Associates
Ramesh B Patel
Quit Claim Deed
related
—
Dec 22, 2014
—
Ramesh B Patel
Patel Jagdish
Quit Claim Deed
related
—
Sep 8, 2014
—
Ramesh B Patel
Patel,ashok M & Pritesh
Quit Claim Deed
related
—
Sep 5, 2014
—
Rajaram Associates
Patel,ray
Quit Claim Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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