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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Hotels
120 5th St, Spring Lake, NC 28390-2845
Individually Owned
14-yr Hold
Free & Clear
Property ID
US53-3438397
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Total area
17,057 SF
Lot
2.05 ac (89,298 SF)
Zoning code
CP
APN
0501-97-0029
UPID
US53-3438397
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
-
Campbell University College
-
Courtyard Fayetteville Fort Bragg/Spring Lake Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.22M
Owner & transaction history
Trinity Dev Etal · 14 yrs held
Trinity Dev Etal
since 2012
4 recorded transactions
Zoning & alternative use
CP · Spring Lake, 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 Spring Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Lake 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%
$1,780,000
6.5%
$1,645,000
7%
$1,530,000
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$72 / 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
$82,285
Tax year 2023
Assessed value
$4,406,943
Assessed 2023
Previous assessed
$4,406,943
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$369,389
Assessed improvement
$4,037,554
Land market value
$369,389
Improvement market value
$4,037,554
Total market value
$4,406,943
Applied tax rate
3,000.0000
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
2016
Heating
NONE
Stories
1
Total area
17,057 SF
Lot
2.05 ac (89,298 SF)
Zoning code
CP
APN
0501-97-0029
UPID
US53-3438397
Jurisdiction
CUMBERLAND
Zoning & alternative use
CP · Spring Lake, NC
Zoning CP · permitted uses
CP · Spring Lake, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
Trinity Dev Etal
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX 2524, FAYETTEVILLE, NC 28302-2524
Ownership since
2012
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
Jul 1, 2019
—
Trinity Dev & Management LLC
—
Grant Deed
related
$10,500,000 · Bank Of America
May 21, 2015
—
Trinity Dev & Management LLC
—
Deed Of Trust
related
$8,590,000 · Newbridge Bk
Apr 5, 2012
—
Trinity Dev Etal
Trinity Dev
Quit Claim Deed
related
—
Sep 28, 2009
—
Trinity Dev & Management INC
Tandon,vivek H
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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