Property profile

2400 Cascade Pointe Blvd Charlotte, NC 28208

OFF-MARKET
Hotels
Property ID
US53-2393763
94,113 SF 4.29 ac lot Built 2013
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2013
Total area 94,113 SF
Lot 4.29 ac (187,047 SF)
Zoning code I-1(CD)
APN 14307123
UPID US53-2393763

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

2400 Cascade Pointe Blvd Charlotte, NC 28208-6710
Charlotte metro Census 3903 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.74M
Comparable Approach Comparable
$8.62M
Blend (final) Blend
$9.21M

Owner & transaction history

since 2008
3 recorded transactions
2008
$1.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1(CD) · Charlotte, NC
Zoning description

The primary purpose of this light industrial district is to create and protect industrial areas for light manufacturing and the distribution of products at wholesale, this conditional district allow for the establishment…

General category INDUSTRIAL

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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