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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Motels
101 Ann St, Beaufort, NC 28516-2101
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2833634
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
WOOD
Total area
8,467 SF
Lot
0.63 ac (27,486 SF)
Zoning code
RB3
APN
7306.17.01.3566000
UPID
US53-2833634
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
$885k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Beaufort Resorts LLC · 10 yrs held
Beaufort Resorts LLC
since 2016
4 recorded transactions
Zoning & alternative use
RB3 · Beaufort, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+36.3%
Retail stores
$990,000
+14.8%
Restaurant
$965,000
+12.1%
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 Beaufort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaufort 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
$885,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$860,000
Current use
OFFICE BUILDING
$1,175,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$990,000
Change: +15% · Conversion: Difficult
RESTAURANT
$965,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$810,000
Change: -6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$735,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$100 / 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
$40,840
Tax year 2022
Assessed value
$4,215,101
Assessed 2024
Previous assessed
$4,215,101
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$1,753,800
Assessed improvement
$2,461,301
Land market value
$1,753,800
Improvement market value
$2,461,301
Total market value
$4,215,101
Applied tax rate
1,159.0000
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
1986
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
40
Total area
8,467 SF
Lot
0.63 ac (27,486 SF)
Zoning code
RB3
APN
7306.17.01.3566000
UPID
US53-2833634
Jurisdiction
CARTERET
Zoning & alternative use
RB3 · Beaufort, NC
Zoning RB3 · permitted uses
RB3 · Beaufort, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaufort. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$860,000
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$990,000
RESTAURANT
Est. value
$965,000
MEDICAL BUILDING
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$735,000
HOTEL/MOTEL Current
OFFICE BUILDING
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1986
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
40
Lot
0.63 ac
Current owner
From public records · entity-resolved
Beaufort Resorts LLC
Entity
Mailing address
3301 BENSON DR STE #103, RALEIGH, NC 27609-7332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2024
—
Beaufort Resorts LLC
—
Deed
related
$10,831,646 · First Carolina Bank
Aug 11, 2017
—
Beaufort Resorts LLC
—
Deed
related
$500,000 · Paragon Commercial Bank
Jun 9, 2016
$3,750,000
Beaufort Resorts LLC
Beaufort Inn INC
Warranty Deed
$2,850,000 · Paragon Commercial Bank
Jun 21, 2006
$1,470,000
Beaufort Inn INC
Robert T Wetherington
Warranty Deed
$1,950,000 · Branch Banking And 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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