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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Hotels
120 Seneca Rd Greensboro, NC 27406-4531
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-0741235
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1970
Total area
34,028 SF
Lot
5.61 ac (244,372 SF)
Zoning code
LI
APN
51838
UPID
US53-0741235
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
-
Econo Lodge & Suites Hotel & Motel
-
NO LENS ENTERTAINMENT Music Venue Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.18M
Owner & transaction history
Khan Hospitality & Hotels LLC · 7 yrs held
Khan Hospitality & Hotels LLC
since 2019
5 recorded transactions
Zoning & alternative use
LI · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LI, Light Industrial district is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial/service activities which in their normal operations, have little or no adverse effect upon adjoining properties.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
5,591.95 ac
Source
Realmo
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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,460,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±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
$64 / 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
$33,568
Tax year 2023
Assessed value
$2,392,600
Assessed 2023
Previous assessed
$2,392,600
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$503,400
Assessed improvement
$1,889,200
Land market value
$503,400
Improvement market value
$1,889,200
Total market value
$2,392,600
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
1970
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
2
Units
123
Rooms
8
Bathrooms
6
Total area
34,028 SF
Lot
5.61 ac (244,372 SF)
Zoning code
LI
APN
51838
UPID
US53-0741235
Jurisdiction
GUILFORD
Zoning & alternative use
LI · Greensboro, NCZoning LI · permitted uses
LI · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LI, Light Industrial district is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial/service activities which in their normal operations, have little or no adverse effect upon adjoining properties.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
5,591.95 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$3.5M
INDUSTRIAL (GENERAL)
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
1970
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Units
123
Rooms
8
Bathrooms
6
Lot
5.61 ac
Current owner
From public records · entity-resolved
Khan Hospitality & Hotels LLC
Entity
Mailing address
120 E SENECA RD, GREENSBORO, NC 27406-4531
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
May 10, 2019
$2,350,000
Khan Hospitality & Hotels LLC
Super Hospitality LLC
Grant Deed
$1,750,000 · Super Hospitality LLC
Feb 11, 2004
—
Super Hospitality LLC
—
Trustees Deed
related
$75,000 · Branch Bk&tr
—
—
Super Hospitality LLC
—
Deed Of Trust
related
$1,860,000 · Zions First Nat'l Bk
—
—
Super Hospitality LLC
—
Deed Of Trust
related
$353,469 · Provinchandra P & Sarojbala P Shah
—
—
Super Hospitality LLC
—
Deed Of Trust
related
$190,000 · Midwest Busn Cap
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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