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Property profile & analytics
OFF-MARKET
Estimated value
$23,460,000
Hotels
1000 Clb Rda Greensboro, NC 27407-8286
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-1201298
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Total area
360,140 SF
Lot
15.74 ac (685,634 SF)
Zoning code
CD-PD-M
APN
97592
UPID
US53-1201298
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
-
Cafe Expresso East Cafe & Coffee Shop
-
Golf at Grandover, Greensboro (Public) Golf Course
-
Visio Summit 2024 Hotel & Motel Resort
-
Finial Restaurant at Grandover Restaurant
-
Grandover Resort & Spa, a Wyndham Grand Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$31.15M
Blend (final)
Blend
$23.46M
Owner & transaction history
KOURY VENTURES
KOURY VENTURES
Zoning & alternative use
CD-PD-M · Greensboro, 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 Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$23.46M
Range $21.11M – $25.81M · ±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
$65 / 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
$441,453
Tax year 2023
Assessed value
$31,464,900
Assessed 2023
Previous assessed
$46,868,000
-32.9% YoY
Effective rate
1.40%
On assessed value
Assessed land
$2,392,500
Assessed improvement
$29,072,400
Land market value
$2,392,500
Improvement market value
$29,072,400
Total market value
$31,464,900
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/MOTEL
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Buildings
2
Units
247
Bathrooms
265
Total area
360,140 SF
Lot
15.74 ac (685,634 SF)
Zoning code
CD-PD-M
APN
97592
UPID
US53-1201298
Jurisdiction
GUILFORD
Zoning & alternative use
CD-PD-M · Greensboro, NCZoning CD-PD-M · permitted uses
CD-PD-M · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
247
Bathrooms
265
Lot
15.74 ac
Current owner
From public records · entity-resolved
KOURY VENTURES
Individual
Free & Clear · 0 yrs held
Mailing address
2275 VANSTORY ST STE #200, GREENSBORO, NC 27403-3623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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