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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Motels
930 Ic King Rd Seymour, TN 37865
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0994009
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1966
Total area
7,690 SF
Lot
14.38 ac (626,393 SF)
Zoning code
R-1
APN
005012 00509
UPID
US80-0994009
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
$580k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Horse Haven Of Tennessee INC · 2 yrs held
Horse Haven Of Tennessee INC
since 2023
Last sale
$850,000
2 recorded transactions
Zoning & alternative use
R-1 · Seymour, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+292.7%
Medical building
$805,000
+285.1%
Restaurant
$795,000
+280.6%
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 Seymour submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seymour 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
$660,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$820,000
Change: +293% · Conversion: Difficult
MEDICAL BUILDING
$805,000
Change: +285% · Conversion: Difficult
RESTAURANT
$795,000
Change: +281% · Conversion: Difficult
WAREHOUSE, STORAGE
$655,000
Change: +213% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$625,000
Change: +199% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: +158% · Conversion: Difficult
RETAIL STORES
$525,000
Change: +151% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $850k (Oct 11 2023)
Last sale anchor
$850k
Oct 11 2023
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
$96 / 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
$6,653
Tax year 2022
Assessed value
$297,840
Assessed 2023
Previous assessed
$269,360
+10.6% YoY
Effective rate
2.23%
On assessed value
Assessed land
$58,560
Assessed improvement
$239,280
Land market value
$146,400
Improvement market value
$598,200
Total market value
$744,600
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
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
1966
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
12
Total area
7,690 SF
Lot
14.38 ac (626,393 SF)
Zoning code
R-1
APN
005012 00509
UPID
US80-0994009
Jurisdiction
BLOUNT
Zoning & alternative use
R-1 · Seymour, TNZoning R-1 · permitted uses
R-1 · Seymour, TN
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
AUTO REPAIR, GARAGE
Est. value
$820,000
MEDICAL BUILDING
Est. value
$805,000
RESTAURANT
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$655,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$625,000
COMMERCIAL (GENERAL)
Est. value
$540,000
RETAIL STORES
Est. value
$525,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1966
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
12
Lot
14.38 ac
Current owner
From public records · entity-resolved
Horse Haven Of Tennessee INC
Entity
Free & Clear · 2 yrs held
Mailing address
930 IC KING RD, SEYMOUR, TN 37865
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
—
Horse Haven Of Tennessee INC
The Theresa J Wahl Living Trust
Quit Claim Deed
related
—
May 17, 2019
$850,000
Theresaj Wahl
Childhelp INC
Warranty 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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