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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Motels
805 Lynn Gdn Dr Kingsport, TN 37660-5605
Entity Owned
~
Est. High Equity
Property ID
US80-1299963
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1958
Total area
11,260 SF
Lot
2.4 ac (104,544 SF)
APN
082046A A 02500
UPID
US80-1299963
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
-
Travel Inn Kingsport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.71M
Owner & transaction history
Pennys Nest INC
Pennys Nest INC
since 2026
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+171.9%
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 Kingsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsport 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%
$1,175,000
6.5%
$1,085,000
7%
$1,010,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,050,000
Change: +172% · Conversion: Difficult
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10% · vs last sale $1.80M (Jan 7 2026)
Last sale anchor
$1.80M
Jan 7 2026
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
$151 / 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
Property tax & assessments
Assessed value
$390,640
Assessed 2023
Previous assessed
$390,640
+0.0% YoY
Assessed land
$67,080
Assessed improvement
$323,560
Land market value
$167,700
Improvement market value
$808,900
Total market value
$976,600
Applied tax rate
82.0000
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
1958
Heating
RADIANT
Cooling
YES
Buildings
4
Stories
1
Units
1
Bathrooms
75
Total area
11,260 SF
Lot
2.4 ac (104,544 SF)
APN
082046A A 02500
UPID
US80-1299963
Jurisdiction
SULLIVAN
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
COMMERCIAL (GENERAL)
Est. value
$1.1M
COMMERCIAL (GENERAL)
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
1958
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
75
Lot
2.4 ac
Current owner
From public records · entity-resolved
Pennys Nest INC
Entity
Mailing address
805 LYNN GDN DR, KINGSPORT, TN 37660-5605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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 7, 2026
$1,800,000
Pennys Nest INC
Millennium Bank
Warranty Deed
$1,720,000 · Millennium Bank
Sep 17, 2025
$2,118,035
Millennium Bank
A & V Corporation
Trust Deed
related
—
Oct 4, 2024
$2,500,000
A & V Corporation
Bms Hospitality LLC
Warranty Deed
$2,125,000 · Millennial Bank
Aug 8, 2019
—
Bms Hospitality LLC
—
Deed
related
$640,000 · First Tennessee Bank NA
Sep 3, 2015
$575,000
Bms Hospitality LLC
Yogeshwar INC
Warranty Deed
$393,250 · First Tennessee Bank NA
Jun 21, 2007
$1,250,000
Yogeshwar INC
Days Inn Of Kingsport LLC
Warranty Deed
—
Jul 18, 1994
$22,500
Robert Groseclose
Unknown,
Grant Deed
—
Jul 23, 1993
$90,000
Ramesh Parbhu
Unknown
Grant Deed
—
May 8, 1992
$920,000
Bhaga Patel
Unknown,
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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