Property profile

1111 Sugar Crk Rd Charlotte, NC 28213

OFF-MARKET
Motels
Property ID
US53-5779481
21,254 SF 1.49 ac lot Built 1997
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1997
Total area 21,254 SF
Lot 1.49 ac (64,948 SF)
Zoning code O-2
APN 8707115
UPID US53-5779481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1111 Sugar Crk Rd Charlotte, NC 28213-5419
Charlotte metro Census 5301 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.52M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.46M

Owner & transaction history

since 2018
7 recorded transactions
2018
$1.6M
2016
Price N/A
2013
$675,000
2005
$1.4M
1996
Price N/A
1989
$100,000
1969
Price N/A

Zoning & alternative use

O-2 · Charlotte, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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