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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Hotels
100 Water Pl Lndg Benson, NC 27504-8570
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-5433692
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2017
Total area
53,599 SF
Lot
2.48 ac (108,029 SF)
Zoning code
SUP
APN
01E10069
UPID
US53-5433692
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
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.41M
Owner & transaction history
Benson Hotel Group LLC · 9 yrs held
Benson Hotel Group LLC
since 2017
7 recorded transactions
Zoning & alternative use
SUP · Benson, NC
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 Benson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benson 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
by Request
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,165,000
Current use
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10%
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
$26 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$101,270
Tax year 2024
Assessed value
$8,037,330
Assessed 2024
Previous assessed
$8,037,330
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$810,230
Assessed improvement
$7,227,100
Land market value
$810,230
Improvement market value
$7,227,100
Total market value
$8,037,330
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2017
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
3
Units
120
Total area
53,599 SF
Lot
2.48 ac (108,029 SF)
Zoning code
SUP
APN
01E10069
UPID
US53-5433692
Jurisdiction
JOHNSTON
Zoning & alternative use
SUP · Benson, NC
Zoning SUP · permitted uses
SUP · Benson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
HOTEL/MOTEL Current
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
2017
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
120
Lot
2.48 ac
Current owner
From public records · entity-resolved
Benson Hotel Group LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 669, BENSON, NC 27504-0669
Ownership since
2017
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
Jul 13, 2017
—
Benson Hotel Group LLC
Leath Co LLC
Grant Deed
—
Mar 20, 2017
—
Leath Co LLC
—
Grant Deed
related
$7,350,000 · Four Oaks Bk&tr
Feb 22, 2017
—
Leath Co LLC
Department Of Transportation
Quit Claim Deed
related
—
Feb 12, 2016
$760,000
Leath Co LLC
Benson Capital Partners LLC
Warranty Deed
—
Jul 1, 2008
$335,000
Benson Capital Ptrs LLC
Owner Name Unavailable
Trustees Deed
related
—
May 16, 2006
$750,000
Kelly Cummings
Blc Real Estate LLC
Grant Deed
$585,954 · Blx Cap
Jun 8, 2005
$700,000
Blc Real Estate LLC
Bossong Brooks F
Trustees 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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