Property profile

2437 Newberry St Charlotte, NC 28208

OFF-MARKET
Motels
Property ID
US53-0567495
6,656 SF 0.76 ac lot Built 1990
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1990
Total area 6,656 SF
Lot 0.76 ac (32,940 SF)
Zoning code I2
APN 11513314
UPID US53-0567495

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
  • Apartment Building

Location

2437 Newberry St Charlotte, NC 28208-5417
Charlotte metro Census 4000 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2020
5 recorded transactions
2023
Price N/A
2020
Price N/A
2019
$1.0M
2009
Price N/A
1993
$20,000

Zoning & alternative use

I2 · Charlotte, NC

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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