New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,860,000
Hotels
16530 Northcross Dr, Huntersville, NC 28078-5081
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1206527
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Total area
41,259 SF
Lot
1.51 ac (65,950 SF)
Zoning code
CB(CD)
APN
536107
UPID
US53-1206527
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
-
Candlewood Suites Huntersville-Lake Norman Area, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.85M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.86M
Owner & transaction history
Lakepointe Hotel Investments LLC · 6 yrs held
Lakepointe Hotel Investments LLC
since 2019
5 recorded transactions
Zoning & alternative use
CB(CD) · Huntersville, 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 Huntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntersville 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%
$4,165,000
6.5%
$3,845,000
7%
$3,570,000
Blend value · Realmo final
$2.86M
Range $2.57M – $3.15M · ±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
$69 / 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
$34,258
Tax year 2023
Assessed value
$5,277,700
Assessed 2024
Previous assessed
$5,321,800
-0.8% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,412,600
Assessed improvement
$3,865,100
Land market value
$1,412,600
Improvement market value
$3,865,100
Total market value
$5,277,700
Applied tax rate
4.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Heating
HEAT PUMP
Cooling
WALL UNIT
Stories
3
Units
74
Total area
41,259 SF
Lot
1.51 ac (65,950 SF)
Zoning code
CB(CD)
APN
536107
UPID
US53-1206527
Jurisdiction
MECKLENBURG
Zoning & alternative use
CB(CD) · Huntersville, NC
Zoning CB(CD) · permitted uses
CB(CD) · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntersville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
74
Lot
1.51 ac
Current owner
From public records · entity-resolved
Lakepointe Hotel Investments LLC
Entity
Mailing address
1719 FUNNY CIDE DR, WAXHAW, NC 28173-8294
Ownership since
2019
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
Nov 15, 2019
$7,387,500
Lakepointe Hotel Investments LLC
United Bank
Special Warranty Deed
$5,171,250 · Townebank
Nov 15, 2019
—
United Bk
Lake Norman Hospitality LLC
Grant Deed
—
Mar 11, 2016
$4,300,000
Lake Norman Hospitality LLC
Batra Hospitality Group INC
Grant Deed
$3,920,000 · Mcnb Bk&tr
Oct 12, 2015
$4,095,000
Batra Hospitality Group INC
Dmarc 2007 Cd5 Lodging 16530 LLC
Special Warranty Deed
$2,996,500 · Centennial Bank
Oct 20, 2014
$3,400,000
2007-cd5 Lodging 16530 L Dmarc
Dobbins Patti D
Trustees Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16530 Northcross Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
