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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Motels
7824 Lamar Alexander Pkwy Townsend, TN 37882-4027
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US80-0305936
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1991
Total area
42,649 SF
Lot
3.22 ac (140,263 SF)
Zoning code
B-1
APN
005096 19002
UPID
US80-0305936
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
-
Best Western Cades Cove Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$730k
Owner & transaction history
Lodging Hmf · 24 yrs held
Lodging Hmf
since 2001
6 recorded transactions
Zoning & alternative use
B-1 · Townsend, 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 Townsend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Townsend 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
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,160,000
Current use
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$17 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$24,019
Tax year 2022
Assessed value
$1,096,360
Assessed 2023
Previous assessed
$972,440
+12.7% YoY
Effective rate
2.19%
On assessed value
Assessed land
$161,760
Assessed improvement
$934,600
Land market value
$404,400
Improvement market value
$2,336,500
Total market value
$2,740,900
Applied tax rate
5.0000
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
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
62
Total area
42,649 SF
Lot
3.22 ac (140,263 SF)
Zoning code
B-1
APN
005096 19002
UPID
US80-0305936
Jurisdiction
BLOUNT
Zoning & alternative use
B-1 · Townsend, TN
Zoning B-1 · permitted uses
B-1 · Townsend, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Townsend. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
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
1991
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
62
Lot
3.22 ac
Current owner
From public records · entity-resolved
Lodging Hmf
Individual
Mailing address
7824 E LAMAR ALEXANDER PKWY, TOWNSEND, TN 37882-4027
Ownership since
2001
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 19, 2021
—
Hmf Lodging INC
—
Deed
related
$1,000,000 · Knoxville Tva Employees Credit Union
Sep 12, 2016
—
Hmf Lodging INC
—
Deed
related
$8,600 · Southeast Bank
Aug 30, 2016
—
Loding Hmf
—
Deed
related
$1,500,000 · Southeast Bank
Dec 17, 2001
$1,725,000
Lodging Hmf
Rest Inn Cin
Grant Deed
—
Nov 28, 1989
$100,000
Michael C Ownby
Unknown
Grant Deed
—
Dec 21, 1983
—
Paul W Maples
Owner Name Unavailable
Grant 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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