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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Motels
800 Main St, Perry, GA 31069-3332
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1755911
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1925
Construction
WOOD
Total area
16,825 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C3
APN
0P0040 014000
UPID
US22-1755911
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
$1.71M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
Morris Bank · 1 yrs held
Morris Bank
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
C3 · Perry, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+342.3%
Restaurant
$1.9M
+259.6%
Office building
$1.7M
+226.5%
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 Perry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry 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
$1,905,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,450,000
7%
$1,350,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,345,000
Change: +342% · Conversion: Difficult
RESTAURANT
$1,905,000
Change: +260% · Conversion: Difficult
OFFICE BUILDING
$1,730,000
Change: +226% · Conversion: Difficult
RETAIL STORES
$1,525,000
Change: +188% · Conversion: Difficult
MEDICAL BUILDING
$1,285,000
Change: +143% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,210,000
Change: +129% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $2.20M (Jan 23 2025)
Last sale anchor
$2.20M
Jan 23 2025
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
$113 / 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
Assessed value
$160,960
Assessed 2023
Previous assessed
$160,960
+0.0% YoY
Assessed land
$136,920
Assessed improvement
$24,040
Land market value
$342,300
Improvement market value
$60,100
Total market value
$402,400
Applied tax rate
2.0000
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
1925
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
16,825 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C3
APN
0P0040 014000
UPID
US22-1755911
Jurisdiction
HOUSTON
Zoning & alternative use
C3 · Perry, GA
Zoning C3 · permitted uses
C3 · Perry, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1925
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Morris Bank
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1078, PERRY, GA 31069-1078
Ownership since
2025
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
Jan 23, 2025
$2,200,000
Morris Bank
Triple P Holdings LLC
Warranty Deed
—
Jan 23, 2025
—
Morris Bank
Triple P Holdings LLC
Quitclaim Deed
related
—
Aug 17, 2023
$620,000
Tripk P Holdings LLC
The Halo Group Of Middle Georgia In
Deed
$509,987 · Farmers State Bank
Nov 3, 2021
$360,000
Morris Bank
The Halo Group Of Middle Georgia In
Foreclosure
related
—
Oct 31, 2018
$660,000
Morris Bk
Halo Grp Of Middle Georgia I
Grant Deed
—
Oct 31, 2018
$275,000
Halo Grp Of Middle Georgia INC
Ocmulgee Red LLC
Grant Deed
—
Jan 28, 2015
$522,100
Ocmulgee Red LLC
Southern Charm Of Perry LLC
Warranty Deed
—
Oct 12, 2011
$500,000
Southern Charm Of Perry LLC
Mullins R/e Ptshp LP
Warranty Deed
$300,000 · Bank Of Perry
Aug 23, 2006
$1,352,937
Mullins Real Estate Psthp
New Perry Hotel Group LLC
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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