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Property profile & analytics
OFF-MARKET
Estimated value
$7,010,000
Motels
120 Marriot Cir, Salisbury, NC 28144-5773
Entity Owned
~
Est. High Equity
Property ID
US53-3221515
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2012
Total area
57,072 SF
Lot
2.53 ac (110,207 SF)
Zoning code
HB:HIGHWAY BUSINESS
APN
059 135
UPID
US53-3221515
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
by Request
CAP Approach
CAP
$5.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.01M
Owner & transaction history
Rowan Hotel Group LLC
Rowan Hotel Group LLC
since 2025
Last sale
$7.9M
5 recorded transactions
Zoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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%
$5,760,000
6.5%
$5,320,000
7%
$4,940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,170,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$7,165,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$5,350,000
Change: 0% · Conversion: Difficult
RESTAURANT
$5,315,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$4,350,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.01M
Range $6.31M – $7.71M · ±10% · vs last sale $7.85M (Dec 4 2025)
Last sale anchor
$7.85M
Dec 4 2025
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
$123 / 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
$93,926
Tax year 2023
Assessed value
$7,853,323
Assessed 2023
Previous assessed
$7,944,428
-1.1% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,212,277
Assessed improvement
$6,641,046
Land market value
$1,212,277
Improvement market value
$6,641,046
Total market value
$7,853,323
Applied tax rate
101.0000
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
2012
Heating
YES
Stories
4
Units
94
Total area
57,072 SF
Lot
2.53 ac (110,207 SF)
Zoning code
HB:HIGHWAY BUSINESS
APN
059 135
UPID
US53-3221515
Jurisdiction
ROWAN
Zoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, NC
Zoning HB:HIGHWAY BUSINESS · permitted uses
HB:HIGHWAY BUSINESS · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.2M
OFFICE BUILDING
Est. value
$7.2M
MEDICAL BUILDING
Est. value
$5.4M
RESTAURANT
Est. value
$5.3M
RETAIL STORES
Est. value
$4.4M
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
2012
Heating
YES
Stories
4
Units
94
Lot
2.53 ac
Current owner
From public records · entity-resolved
Rowan Hotel Group LLC
Entity
Mailing address
2485 PENNY RD STE #140, HIGH POINT, NC 27265-8376
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2025
$7,853,500
Rowan Hotel Group LLC
Krishna Cy LLC
Special Warranty Deed
$9,700,000 · South State Bank NA
Dec 18, 2024
—
Salisbury Hotels LLC
—
Deed
related
$8,200,000 · Pinnacle Bank
Dec 19, 2014
—
Shyam Cy LLC
Shyamcy LLC
Quit Claim Deed
related
$11,000,000 · Cibc
Sep 18, 2014
—
Shyam Cy LLC
Salisbury Hotels LLC
Grant Deed
—
Nov 30, 2011
—
Salisbury Hotels LLC
—
Deed Of Trust
related
$7,500,000 · Southern Community Bank
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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