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Property profile & analytics
OFF-MARKET
Motels
199 Vly Riv Ave, Murphy, NC 28906-2918
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-4001602
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1968
Construction
WOOD
Total area
6,306 SF
Lot
0.81 ac (35,284 SF)
Zoning code
HB
APN
459211555266000
UPID
US53-4001602
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rustic Investments LLC · 7 yrs held
Rustic Investments LLC
since 2018
5 recorded transactions
Zoning & alternative use
HB · Murphy, 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 Murphy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murphy 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$352,830
Assessed 2023
Previous assessed
$352,830
+0.0% YoY
Land market value
$119,600
Improvement market value
$233,230
Total market value
$352,830
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1968
Construction
WOOD
Heating
HEAT PUMP
Cooling
WALL UNIT
Stories
1
Units
16
Total area
6,306 SF
Lot
0.81 ac (35,284 SF)
Zoning code
HB
APN
459211555266000
UPID
US53-4001602
Jurisdiction
CHEROKEE
Zoning & alternative use
HB · Murphy, NC
Zoning HB · permitted uses
HB · Murphy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murphy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
16
Lot
0.81 ac
Current owner
From public records · entity-resolved
Rustic Investments LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1895 WOLFCREEK RD, MURPHY, NC 28906-4107
Ownership since
2018
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
Aug 8, 2019
—
Rustic Investments LLC
—
Deed
related
$345,000 · Paragon Bank
Jul 25, 2018
—
Rustic Investments LLC
Steve M Canning
Warranty Deed
—
Oct 24, 2017
—
Steven M Canning
—
Deed
related
$40,000 · Nantahala Bank & Trust Company
Aug 31, 2016
$282,000
Steve M Canning
Sangita P Killian
Warranty Deed
$225,600 · Nantahala Bank & Trust Company
Aug 29, 2012
—
Sangita P Killian
Gopal Patel Madhubhai
Warranty Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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