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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14725 Statesville Rd Huntersville, NC 28078-9059

    • Hotels
    • 39,864 SF
    • 1.68 lot acres
    OFF-MARKET
    Last Sale
    Oct 23, 2023
    $8,000,000
    Value Estimations
    $8,170,000
    Show details
    Cap Rate Potential
    2.9%
    Hotels
    Location Intelligence
    Property ID
    US53-5365574
    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

    • The Wadsworth Group / Financial Advisor
    • My Place Hotel – Huntersville, NC / Hotel & Motel

    Property Details for 14725 Statesville Rd

    Year built
    2020
    Lot size
    1.68 lot acres
    Property size
    39,864 SF
    Zone code
    HC
    Property type
    Hotels
    APN
    1714414
    APU
    1714414

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,390,000
      ML approach
      $8,535,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,928,000
      Market price range: $4.57M - $8.39M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $6,220,000
      Current use
      RETAIL STORES
      $12,655,000
      Change: +103% Conversion: Difficult
      OFFICE BUILDING
      $12,635,000
      Change: +103% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $11,505,000
      Change: +85% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntersville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8579
    Latitude
    35.4173
    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
    $50,335
    $1,157,600
    $6,597,000
    $7,754,600
    -
    $1,157,600
    $6,597,000
    $7,754,600

    Comparable in this City

    • Value Estimation
      $8,050,000
      59,984 SF

      14510 Boulder Park N Dr

      HOTEL • 59,984 SF
      14510 Boulder Park N Dr, Huntersville, NC 28078-6016
      View Details
    • Value Estimation by Request
      37,494 SF

      16700 Northcross Dr

      HOTEL • 37,494 SF
      16700 Northcross Dr, Huntersville, NC 28078-5090
      View Details
    • Value Estimation
      $5,465,000
      63,787 SF

      13610 Reese W Blvd

      HOTEL • 63,787 SF
      13610 Reese W Blvd, Huntersville, NC 28078-6250
      View Details
    • Value Estimation
      $4,020,000
      60,454 SF

      16617 Statesville Rd

      HOTEL • 60,454 SF
      16617 Statesville Rd, Huntersville, NC 28078-7193
      View Details
    • Value Estimation
      $7,305,000
      54,321 SF

      16905 Caldwell Crk Dr

      HOTEL • 54,321 SF
      16905 Caldwell Crk Dr, Huntersville, NC 28078-8073
      View Details
    • Value Estimation
      $2,860,000
      41,259 SF

      16530 Northcross Dr

      HOTEL • 41,259 SF
      16530 Northcross Dr, Huntersville, NC 28078-5081
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,354 SF

      Huntersville Multi-Use Property

      10,354 SF, 6.85 Acres, High Visibility
      12340 Mt Holly-Huntersville Rd, Huntersville, NC 28078
      View Details
    • $899,000
      1,549 SF

      Huntersville Office Condo For Sale

      Class A Office, 1549 SF, Vacant
      403 Gilead Rd, Huntersville, NC 28078
      View Details
    • $420,000
      0.58 Acres

      Huntersville Commercial Land - $420K

      High-traffic, 0.58-acre commercial lot.
      16710 Old Statesville Rd, Huntersville, NC 28078
      View Details
    • $600,000
      2.76 Acres

      Huntersville Land Near Mountain Island

      2.76 acres near Mountain Island Lake, close to Charlotte.
      11201 Johnson Davis Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Land Near Lake Norman

      2.66-acre site with visibility and access from I-77.
      16221 Northcross Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Retail Property For Sale

      Retail property available for sale in Huntersville, North Carolina.
      16265 Statesville Rd, Huntersville, NC 28078
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,483 SF

      Huntersville Office Space For Lease

      Modern Office Suites in Birkdale Crossing
      9525 Birkdale Crossing Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing
      98,590 SF

      Huntersville Warehouse Space Available

      Warehouse space in The Park Huntersville, available 4/01/2026.
      11515 Vanstory Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing
      1,765 SF

      Regional Shopping Center Retail Space

      Retail space available in a large open-air shopping center.
      9759 Sam Furr Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Huntersville Retail Center For Lease

      119,087 SF neighborhood center anchored by Harris Teeter.
      9925 Rose Cmns Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing
      3,875 SF

      Regional Shopping Center Retail Space

      Retail space available in a large open-air shopping center.
      10110 Northcross Center Ct, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Corner Lot in Huntersville, NC

      Commercial land with high visibility and significant residential density nearby.
      10900 Sam Furr Rd, Huntersville, NC 28078
      View Details

    Property Visit Statistics

    • Visits by month
      880
    • Visitors by month
      821
    • Avg Time on site
      30 min
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    Huntersville, NC 28078-9059
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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