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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Motels
2420 Wesleyan Blvd, Rocky Mount, NC 27804-8640
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-2646551
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
BRICK
Total area
11,790 SF
Lot
3.45 ac (150,282 SF)
Zoning code
B5
APN
386217-10-3130
UPID
US53-2646551
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
-
K M Pulley Trucking Co Trucking Company
-
Hal Orr's Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$955k
Owner & transaction history
Parth Holdings LLC · 5 yrs held
Parth Holdings LLC
since 2021
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
B5 · Rocky Mount, 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 Rocky Mount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Mount 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%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $750k (Jul 2 2021)
Last sale anchor
$750k
Jul 2 2021
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
$81 / 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
$7,915
Tax year 2024
Assessed value
$589,160
Assessed 2024
Previous assessed
$589,160
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$241,500
Assessed improvement
$347,660
Land market value
$241,500
Improvement market value
$347,660
Total market value
$589,160
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1965
Construction
BRICK
Heating
NONE
Cooling
YES
Total area
11,790 SF
Lot
3.45 ac (150,282 SF)
Zoning code
B5
APN
386217-10-3130
UPID
US53-2646551
Jurisdiction
NASH
Zoning & alternative use
B5 · Rocky Mount, NC
Zoning B5 · permitted uses
B5 · Rocky Mount, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Mount. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
BRICK
Heating
NONE
Cooling
Yes
Lot
3.45 ac
Current owner
From public records · entity-resolved
Parth Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2420 N WESLEYAN BLVD, ROCKY MOUNT, NC 27804-8640
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$750,000
Parth Holdings LLC
Jashumati Patel
Warranty Deed
—
Mar 17, 2009
$520,000
Rasiklal C Patel
Mulchandbhai M Patel
Deed
related
—
Jun 26, 2008
—
Kantilal C Patel
Kantilal C Patel
Gift 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.
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