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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Hotels
8304 Cherokee Blvd Douglasville, GA 30134-2535
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0498058
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Construction
WOOD FRAME
Total area
31,506 SF
Lot
1.98 ac (86,249 SF)
Zoning code
CG
APN
0905-18-2- -00005
UPID
US22-0498058
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
-
Econo Lodge Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.77M
Owner & transaction history
Allure Capital LLC · 1 yrs held
Allure Capital LLC
since 2025
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
CG · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.4M
+125.3%
Medical building
$4.3M
+119.4%
Restaurant
$3.9M
+97.7%
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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$3,510,000
ML approach
$3,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,435,000
Change: +125% · Conversion: Difficult
MEDICAL BUILDING
$4,320,000
Change: +119% · Conversion: Difficult
RESTAURANT
$3,890,000
Change: +98% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,575,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$3,140,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,625,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $4.05M (Mar 3 2025)
Last sale anchor
$4.05M
Mar 3 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
$120 / 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
$55,750
Tax year 2023
Assessed value
$1,365,960
Assessed 2023
Previous assessed
$1,365,960
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$66,520
Assessed improvement
$1,299,440
Land market value
$166,300
Improvement market value
$3,248,600
Total market value
$3,414,900
Applied tax rate
3.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2003
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Stories
3
Total area
31,506 SF
Lot
1.98 ac (86,249 SF)
Zoning code
CG
APN
0905-18-2- -00005
UPID
US22-0498058
Jurisdiction
DOUGLAS
Zoning & alternative use
CG · Douglasville, GAZoning CG · permitted uses
CG · Douglasville, GA
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
OFFICE BUILDING
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.3M
RESTAURANT
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.6M
RETAIL STORES
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
2003
Construction
WOOD FRAME
Heating
NONE
Stories
3
Buildings
2
Lot
1.98 ac
Current owner
From public records · entity-resolved
Allure Capital LLC
Entity
Mailing address
8304 CHEROKEE BLVD, DOUGLASVILLE, GA 30134-2535
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
$4,050,000
Allure Capital LLC
Douglasville Hospitality INC
Deed
$3,350,000 · Southern States Bank
Apr 7, 2011
$2,341,000
Douglasville Hospitality INC
Vanmali Investments INC
Warranty Deed
$1,775,000 · Cherokee Bk
Sep 1, 2005
$2,750,000
Vanmali Investments INC
Flains Of Marietta Developers INC
Grant Deed
—
Mar 31, 2004
—
Plains Of Marietta INC
Patel,dharmendra & Dinkarbhai
Grant Deed
related
—
—
—
Douglasville Hospitality INC
—
Deed Of Trust
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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