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    Property profile & analytics

    131 Red Roof Dr Charlotte, NC 28217-8008

    • Motels
    • 35,574 SF
    • 4.91 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0459376
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motel 6 Charlotte, NC - Coliseum / Hotel / Motel

    Property Details for 131 Red Roof Dr

    Year built
    1984
    Lot size
    4.91 lot acres
    Property size
    35,574 SF
    Zone code
    O-1
    Property type
    Motels
    APN
    16714104
    APU
    16714104

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8981
    Latitude
    35.1452
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,288
    $2,009,700
    $3,210,200
    $5,219,900
    -
    $2,009,700
    $3,210,200
    $5,219,900

    Comparable in this City

    • Value Estimation by Request
      50,901 SF

      7900 Nations Frd Rd

      MOTEL • 50,901 SF
      7900 Nations Frd Rd, Charlotte, NC 28217-8020
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    • Value Estimation
      $710,000
      24,897 SF

      305 Archdale Dr

      MOTEL • 24,897 SF
      305 Archdale Dr, Charlotte, NC 28217-4212
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    • Value Estimation by Request
      36,624 SF

      7901 Nations Frd Rd

      MOTEL • 36,624 SF
      7901 Nations Frd Rd, Charlotte, NC 28217-8021
      View Details
    • Value Estimation by Request
      42,732 SF

      6035 Tyvola Gln Cir

      MOTEL • 42,732 SF
      6035 Tyvola Gln Cir, Charlotte, NC 28217-6431
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    • Value Estimation by Request
      33,915 SF

      540 Pressley Rd

      MOTEL • 33,915 SF
      540 Pressley Rd, Charlotte, NC 28217-4603
      View Details
    • Value Estimation
      $11,695,000
      19,406 SF

      710 Yorkmont Rd

      MOTEL • 19,406 SF
      710 Yorkmont Rd, Charlotte, NC 28217-2423
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Commercial land for sale with convenient access to major highways.
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    • $3,000,000
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      Steele Creek Road Development Land

      Prime Charlotte acreage, high visibility, development potential.
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    • Contact for pricing
      10.34 Acres

      Charlotte Industrial Land - 10+ Acres

      120,200 SF Building Approved, Prime Location
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    Similar Nearby for Lease

    • $0.24 SF/Yr
      19,067 SF

      Charlotte Office Space: Tyvola Glen

      Prime Charlotte office space, flexible options.
      6047 Tyvola Glen Cir, Charlotte, NC 28217
      View Details
    • $11,900 /Mo
      4,500 SF

      Warehouse with Outdoor Storage

      4,500 SF warehouse with fenced and gated outdoor storage.
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      View Details
    • Contact for pricing
      42,000 SF

      Industrial Build-to-Suit Opportunity

      42,000 SF build-to-suit near I-485 and Charlotte Airport.
      3920 Shutterfly Rd, Charlotte, NC 28217
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    • $34 SF/Yr
      985 SF

      South Charlotte Contractor Office Space

      Office with fenced yard near I-77 and Woodlawn.
      4514 Old Pineville Rd, Charlotte, NC 28217
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    • $12 SF/Yr
      4,083 SF

      Warehouse with Office Space

      4,083 SF warehouse with office space for lease.
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    • Contact for pricing
      5,316 SF

      Office Space Near I-77

      Office space for rent in Highland Business Park.
      810 Tyvola Rd, Charlotte, NC 28217
      View Details

    Property Visit Statistics

    • Visits by month
      5.1k
    • Visitors by month
      952
    • Avg Time on site
      493 min
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    131 Red Roof Dr
    Charlotte, NC 28217-8008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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