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Property profile & analytics
OFF-MARKET
Motels
123 Salter Path Rd, Pine Knoll Shores, NC 28512-6101
Entity Owned
Free & Clear
Property ID
US53-2815421
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
WOOD
Total area
2,244 SF
Lot
3.3 ac (143,748 SF)
Zoning code
C1
APN
6365.18.41.9916000
UPID
US53-2815421
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bogue Banks Partners LLC
Bogue Banks Partners LLC
since 2025
3 recorded transactions
Zoning & alternative use
C1 · Pine Knoll Shores, 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 Pine Knoll Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pine Knoll Shores 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,318
Tax year 2022
Assessed value
$4,031,147
Assessed 2024
Previous assessed
$4,031,147
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$2,730,000
Assessed improvement
$1,301,147
Land market value
$2,730,000
Improvement market value
$1,301,147
Total market value
$4,031,147
Applied tax rate
1,353.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1963
Construction
WOOD
Heating
FORCED AIR
Buildings
7
Stories
1
Bathrooms
81
Total area
2,244 SF
Lot
3.3 ac (143,748 SF)
Zoning code
C1
APN
6365.18.41.9916000
UPID
US53-2815421
Jurisdiction
CARTERET
Zoning & alternative use
C1 · Pine Knoll Shores, NC
Zoning C1 · permitted uses
C1 · Pine Knoll Shores, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pine Knoll Shores. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
FORCED AIR
Stories
1
Buildings
7
Bathrooms
81
Lot
3.3 ac
Current owner
From public records · entity-resolved
Bogue Banks Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
123 SALTER PATH RD, PINE KNOLL SHORES, NC 28512-6101
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
Bogue Banks Partners LLC
Atlantis Lodge INC
Deed
—
Aug 20, 2025
$9,000,000
Bogue Banks Partnesr LLC
Atlantis Lodge INC
Warranty Deed
$7,150,000 · Providence Bank
—
—
Atlantis Lodge INC
—
Deed Of Trust
related
$545,500 · First Citizens Bank & Trust Co
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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