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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Motels
1305 Julian Rd Salisbury, NC 28146-2321
Entity Owned
~
Est. High Equity
Property ID
US53-1305708
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Total area
19,987 SF
Lot
2.16 ac (94,090 SF)
Zoning code
M1:LIGHT INDUSTRIAL
APN
402B005
UPID
US53-1305708
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
-
Affordable Suites Salisbury Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Kfs Salisbury LLC
Kfs Salisbury LLC
since 2026
5 recorded transactions
Zoning & alternative use
M1:LIGHT INDUSTRIAL · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,870,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,820,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$685,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$56 / 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
$12,690
Tax year 2023
Assessed value
$1,894,073
Assessed 2023
Previous assessed
$1,533,292
+23.5% YoY
Effective rate
0.67%
On assessed value
Assessed land
$103,680
Assessed improvement
$1,790,393
Land market value
$103,680
Improvement market value
$1,790,393
Total market value
$1,894,073
Applied tax rate
112.0000
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
2000
Heating
YES
Stories
2
Units
33
Total area
19,987 SF
Lot
2.16 ac (94,090 SF)
Zoning code
M1:LIGHT INDUSTRIAL
APN
402B005
UPID
US53-1305708
Jurisdiction
ROWAN
Zoning & alternative use
M1:LIGHT INDUSTRIAL · Salisbury, NC
Zoning M1:LIGHT INDUSTRIAL · permitted uses
M1:LIGHT INDUSTRIAL · 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
RETAIL STORES
Est. value
$1.9M
RESTAURANT
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$685,000
RETAIL STORES
RESTAURANT
WAREHOUSE, STORAGE
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
2000
Heating
YES
Stories
2
Units
33
Lot
2.16 ac
Current owner
From public records · entity-resolved
Kfs Salisbury LLC
Entity
Mailing address
10801 MONROE RD STE C, MATTHEWS, NC 28105-8336
Ownership since
2026
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 11, 2026
$1,202,000
Kfs Salisbury LLC
Lg As Nc Propco LP
Special Warranty Deed
$11,500,000 · Bank Of Amierca NA
Feb 19, 2026
—
Lg As Nc Propco LP
—
Deed
related
$200,847,427 · Axos Bank
Oct 2, 2023
—
Lg As Nc Propco LP
—
Deed
related
$200,847,427 · Axos Bank
Jan 11, 2019
$1,976,000
Lg As Nc Propco LP
Affordable Suites Of America I
Grant Deed
—
—
—
Affordable Suites Of America I
—
Deed Of Trust
related
$768,000 · Valley 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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