New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,420,000
Hotels
9320 Poplar Pike, Germantown, TN 38138-8311
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1246750
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Total area
38,048 SF
Lot
1.54 ac (67,082 SF)
Zoning code
C-2
APN
G02-32 - - -00499
UPID
US80-1246750
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
-
9320 Poplar Pike Parking Parking Lot & Garage
-
Fairfield Inn & Suites Memphis Germantown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.55M
CAP Approach
CAP
$4.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.42M
Owner & transaction history
Ganesh Parvati Xii LLC · 4 yrs held
Ganesh Parvati Xii LLC
since 2021
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
C-2 · Germantown, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.4M
+110.1%
Auto repair, garage
$3.7M
+42.4%
Apartment house (5+ units)
$3.4M
+30.7%
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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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
$5,495,000
ML approach
$5,545,000
CAP Approach
CAP Return
Estimation
6%
$4,770,000
6.5%
$4,405,000
7%
$4,090,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,440,000
Change: +110% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,690,000
Change: +42% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,385,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$5.42M
Range $4.88M – $5.96M · ±10% · vs last sale $7.00M (Feb 5 2025)
Last sale anchor
$7.00M
Feb 5 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
$142 / 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
$69,406
Tax year 2022
Assessed value
$1,370,800
Assessed 2023
Previous assessed
$1,370,800
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$305,280
Assessed improvement
$1,065,520
Land market value
$763,200
Improvement market value
$2,663,800
Total market value
$3,427,000
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/MOTEL
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
38,048 SF
Lot
1.54 ac (67,082 SF)
Zoning code
C-2
APN
G02-32 - - -00499
UPID
US80-1246750
Jurisdiction
SHELBY
Zoning & alternative use
C-2 · Germantown, TN
Zoning C-2 · permitted uses
C-2 · Germantown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Germantown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
Ganesh Parvati Xii LLC
Entity
Mailing address
5829 GRAND NATIONAL DR, ORLANDO, FL 32819-7909
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2021
$5,800,000
Ganesh Parvati Xii LLC
Kvrd Hospitality LLC
Special Warranty Deed
$4,647,564 · Patriot Bank
Aug 21, 2019
$5,460,000
Kvrd Hospitality LLC
Hit Smt Fis Grmtn Owner LLC
Grant Deed
$4,400,000 · Patriot Bk
May 1, 2017
$4,245,707
Hit Smt Fis Grmtn Owner LLC
Summit Hospitality I LLC
Grant Deed
related
$310,000,000 · Citibank
Oct 23, 2013
$828,640
Summit Hospitality I LLC
Summit Hotel Op LP
Warranty Deed
related
—
Dec 28, 2005
—
Summit Hotel Properties LLC
—
Deed Of Trust
related
$34,150,000 · Ing Life Ins & Annunity Co
Jun 17, 2005
$2,800,000
Summit Hotel Properties LLC
Er Johnson Road Hotel Invtrs L
Warranty Deed
$3,587,000 · First National Bank Omaha
—
—
Hit Smt Fis Grmtn Owner LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9320 Poplar Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
