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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Motels
946 Lk Mitchell Rd Clanton, AL 35045-8477
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-2047098
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1991
Construction
WOOD
Total area
26,600 SF
Lot
2.76 ac (120,226 SF)
APN
1009320001070000
UPID
US03-2047098
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
-
Shoney's Inn of Clanton Hotel & Motel Bed & Breakfast
-
Shoney's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Prabha Baron Clanton LLC · 2 yrs held
Prabha Baron Clanton LLC
since 2024
Last sale
$2.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Clanton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clanton 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,195,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,260,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,190,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,180,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (May 31 2024)
Last sale anchor
$2.50M
May 31 2024
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
$94 / 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
$19,940
Tax year 2023
Assessed value
$474,640
Assessed 2023
Previous assessed
$474,640
+0.0% YoY
Effective rate
4.20%
On assessed value
Assessed land
$108,200
Assessed improvement
$366,440
Land market value
$541,000
Improvement market value
$1,832,200
Total market value
$2,373,200
Applied tax rate
1.0000
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
1991
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
26,600 SF
Lot
2.76 ac (120,226 SF)
APN
1009320001070000
UPID
US03-2047098
Jurisdiction
CHILTON
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
OFFICE BUILDING
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.2M
RESTAURANT
Est. value
$2.2M
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
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
1991
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
Prabha Baron Clanton LLC
Entity
Free & Clear · 2 yrs held
Mailing address
117 CITATION CT, HOMEWOOD, AL 35209-6306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Prabha Baron Clanton LLC
—
Deed
related
$2,888,000 · Southpoint Bank
May 31, 2024
$2,500,000
Prabha Baron Clanton LLC
Baker Inn LLC
Warranty Deed
—
Mar 16, 2015
—
Baker Inn LLC
Daniel Gu Hamm
Trustees Deed
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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