Property profile

1550 E Main St Lincolnton, NC 28092

FOR SALE
Motels
Property ID
US53-1345502
37,901 SF 1.67 ac lot Built 1992
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,901 SF
Lot 1.67 ac (72,919 SF)
Zoning code P-B
APN 52718
UPID US53-1345502

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
  • Hotel & Motel

Location

1550 E Main St Lincolnton, NC 28092
Lincolnton metro Census 70201 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.85M

Owner & transaction history

since 2015
5 recorded transactions
2024
Price N/A
2015
$3.4M
2012
Price N/A
2002
$59,500
1969
Price N/A

Zoning & alternative use

P-B · Lincolnton, NC
Zoning description

153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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