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Property profile & analytics
OFF-MARKET
Estimated value
$3,935,000
Hotels
200 Simmons Dr, Henderson, NC 27536-4074
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4587873
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Total area
29,806 SF
Lot
1.5 ac (65,340 SF)
APN
0033A01007
UPID
US53-4587873
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
$3.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.94M
Owner & transaction history
Holy Kailash LLC · 1 yrs held
Holy Kailash LLC
since 2024
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$3,935,000
ML approach
$3,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,730,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,975,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,810,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,735,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,500,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.94M
Range $3.54M – $4.33M · ±10% · vs last sale $3.94M (Aug 1 2024)
Last sale anchor
$3.94M
Aug 1 2024
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
$132 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$40,767
Tax year 2024
Assessed value
$2,991,175
Assessed 2024
Previous assessed
$2,991,175
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$437,500
Assessed improvement
$2,553,675
Land market value
$437,500
Improvement market value
$2,553,675
Total market value
$2,991,175
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
1996
Heating
YES
Total area
29,806 SF
Lot
1.5 ac (65,340 SF)
APN
0033A01007
UPID
US53-4587873
Jurisdiction
VANCE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$3.0M
RESTAURANT
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.5M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
YES
Lot
1.5 ac
Current owner
From public records · entity-resolved
Holy Kailash LLC
Entity
Mailing address
308 MAIN ST, SCOTLAND NECK, NC 27874-8452
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
$3,936,000
Holy Kailash LLC
Wake Henderson LLC
Special Warranty Deed
$3,369,600 · Peoples Bank
Nov 12, 2019
$2,800,000
Wake Henderson LLC
Anshi Hospitality LLC
Special Warranty Deed
$1,400,000 · Wells Fargo Bank NA
Nov 12, 2019
—
Wake Henderson LLC
—
Deed
related
$980,000 · Wells Fargo Bank NA
Jun 26, 2019
—
Anshi Hospitality LLC
—
Deed
related
$1,825,000 · Branch Banking And Trust Co
Jul 2, 2018
—
Anshi Hospitality LLC
—
Deed
related
$1,400,000 · Benchmark Community Bank
Sep 4, 2014
—
Bapa Corp
Aaditya INC
Deed
—
Sep 4, 2014
$1,300,000
Anshi Hospitality LLC
Henc Associates LLC
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.
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