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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Hotels
2320 Gillespie St Fayetteville, NC 28306-3026
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US53-1555705
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Total area
6,518 SF
Lot
0.83 ac (36,155 SF)
Zoning code
CC
APN
0436-01-8552
UPID
US53-1555705
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
-
Mt Rose Hotel Hotel & Motel
-
SKYNET Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$430k
Owner & transaction history
Suraj Ents INC · 17 yrs held
Suraj Ents INC
since 2008
7 recorded transactions
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District 30-3.E.8. Light Industrial (LI) District 30-3.E.9. He…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
3,860.11 ac
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$430k
Range $387k – $473k · ±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
$66 / 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
$13,227
Tax year 2023
Assessed value
$1,337,599
Assessed 2023
Previous assessed
$1,337,599
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$148,958
Assessed improvement
$1,188,641
Land market value
$148,958
Improvement market value
$1,188,641
Total market value
$1,337,599
Applied tax rate
1,000.0000
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
2017
Heating
CENTRAL
Cooling
YES
Stories
2
Bathrooms
19
Total area
6,518 SF
Lot
0.83 ac (36,155 SF)
Zoning code
CC
APN
0436-01-8552
UPID
US53-1555705
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC · Fayetteville, NCZoning CC · permitted uses
CC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ase Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District 30-3.E.8. Light Industrial (LI) District 30-3.E.9. Heavy Industrial (HI) District 30-3.E.10. Downtown 1 (DT-1) District 30-3.E.11. Down
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
3,860.11 ac
Building & site characteristics
From public records
Year built
2017
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
19
Lot
0.83 ac
Current owner
From public records · entity-resolved
Suraj Ents INC
Entity
Mailing address
4011 BEAUBIEN DR, FAYETTEVILLE, NC 28306-3006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2018
—
Business Expansion Fndg Corp
—
Deed
related
$776,250 · Providence Bk
Aug 18, 2016
—
Suraj Ents INC
—
Deed
related
$125,000 · Miscellaneous Govt Agcy
Aug 16, 2016
—
Suraj Enterprises INC
—
Deed
related
$776,250 · Providence Bank
Sep 29, 2008
—
Suraj Ents INC
Ranavaya,dipak
Warranty Deed
$100,000 · New Century Bank
May 9, 2006
—
Dipak Ranavaya
Ranavaya,udaysinh
Quit Claim Deed
related
—
Jan 22, 2004
—
Udaysinh Ranavaya
Ranavaya,udaysinh & Dipak
Quit Claim Deed
related
$171,000 · Interbay Funding LLC
—
—
Suraj Ents INC
—
Deed Of Trust
related
$125,000 · Miscellaneous Govt Agcy
—
—
Business Expansion Fndg Corp
—
Deed Of Trust
related
$776,250 · Providence Bk
—
—
Suraj Ents INC
—
Deed Of Trust
related
$522,000 · Business Expansion Fndg
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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