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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Hotels
Ave A A Rome, GA 30165
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2730450
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,800 SF
Lot
1 ac (43,560 SF)
Zoning code
C-C
APN
J13Y- -479 -
UPID
US22-2730450
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
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Levee Apartments LLC · 4 yrs held
Levee Apartments LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+96.7%
Restaurant
$1.7M
+70.3%
Auto repair, garage
$1.5M
+48.7%
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 Rome submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rome 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
$1,460,000
ML approach
$1,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,025,000
Current use
COMMERCIAL (GENERAL)
$2,015,000
Change: +97% · Conversion: Difficult
RESTAURANT
$1,745,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,520,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$1,315,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$1,105,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.50M (May 25 2022)
Last sale anchor
$1.50M
May 25 2022
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
$86 / 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
$20,904
Tax year 2023
Assessed value
$651,145
Assessed 2023
Previous assessed
$651,145
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$227,581
Assessed improvement
$423,564
Land market value
$568,953
Improvement market value
$1,058,910
Total market value
$1,627,863
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Total area
16,800 SF
Lot
1 ac (43,560 SF)
Zoning code
C-C
APN
J13Y- -479 -
UPID
US22-2730450
Jurisdiction
FLOYD
Zoning & alternative use
C-C · Rome, GA
Zoning C-C · permitted uses
C-C · Rome, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rome. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Lot
1 ac
Current owner
From public records · entity-resolved
Levee Apartments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
613 TURNER MCCALL BLVD NE, ROME, GA 30165-5627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2022
$1,500,000
Levee Apartments LLC
Shree Kanthi Corporation
Warranty Deed
—
Apr 25, 2011
$720,000
Shree Kanthi Corp
Crm Central Properties LLC
Grant Deed
$470,000 · United Community Bank
Apr 6, 2011
$650,000
Crm Central Properties LLC
Patel,kanu A & Rekha
Trustees Deed
—
Feb 1, 2011
$650,000
Crm Central Properties LLC
Patel,kanu A
Grant Deed
—
Jul 11, 2007
$1,811,000
Kanu A Patel
Komic INC
Warranty Deed
—
Dec 15, 2005
—
Komic INC
—
Grant Deed
related
$1,013,083 · United Bank & Trust Co
—
—
Komic INC
—
Deed Of Trust
related
$1,347,224 · United Bank & Trust Co
—
—
Komic INC
—
Loan Modification
related
$186,917 · United Bank & Trust Co
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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