Entity Owned Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
CONCRETE
Total area
23,456 SF
Lot
1.84 ac (80,150 SF)
Zoning code
MF
APN
R09014-012-004-000
UPID
US53-0923092
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
-
Bar & Pub
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.37M
Blend (final)
Blend
$16.54M
Owner & transaction history
since 2022
Last sale
$16.2M
7 recorded transactions
Zoning & alternative use
MF · Carolina Beach, NC
Zoning description
This district is established to provide for moderate to high density single family and multifamily residential uses and other compatible uses of varying types and designs. It functions as an alternative housing type near…
General category
RESIDENTIAL
Top alternative use upside
Apartment house (5+ units)
$20.2M
+40.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$16.54M
Value range
$14.89M – $18.19M
±10% around blend
Estimated value / SF
$705 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$14.89M
blend $16.54M
$18.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,456 SF
Lot area
1.84 ac
Year built
1997
Stories
4
APN
R09014-012-004-000
Zoning
MF
Assessed value
$14,074,300
Annual tax
$93,594
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$22.37M
Range $4.88M – $22.37M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$16.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 37 sales
$612
+15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $705/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+41%
vs current-use indication
Hotel/motel · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$16.20M
Move the market yield to see immediate price impact.
Value / SF
$691
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.02M
$20.41M
$14.58M
$11.34M
$1.13M
$22.68M
$16.20M
$12.60M
$1.25M
$24.95M
$17.82M
$13.86M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$93,594
Tax year 2023
Assessed value
$14,074,300
Assessed 2023
Previous assessed
$14,074,300
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$5,160,000
Assessed improvement
$8,914,300
Land market value
$5,160,000
Improvement market value
$8,914,300
Total market value
$14,074,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
4
Units
1
Bathrooms
56
Total area
23,456 SF
Lot
1.84 ac (80,150 SF)
Zoning code
MF
APN
R09014-012-004-000
UPID
US53-0923092
Jurisdiction
NEW HANOVER
Zoning & alternative use
MF · Carolina Beach, NCZoning MF · permitted uses
MF · Carolina Beach, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This district is established to provide for moderate to high density single family and multifamily residential uses and other compatible uses of varying types and designs. It functions as an alternative housing type near…
General category
RESIDENTIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
4
Units
1
Bathrooms
56
Lot
1.84 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MF
RESIDENTIAL
Jurisdiction
Carolina Beach, NC
Recorded code
MF
Official district
MF
Official district profile
What the municipal code says about MF
Zoning description
This district is established to provide for moderate to high density single family and multifamily residential uses and other compatible uses of varying types and designs. It functions as an alternative housing type near…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MF in Carolina Beach, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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