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Property profile & analytics
OFF-MARKET
Estimated value
$8,895,000
Hotels
250 Equity Dr Smithfield, NC 27577-6031
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3463431
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2016
Total area
45,949 SF
Lot
1.92 ac (83,635 SF)
Zoning code
COM
APN
15008045
UPID
US53-3463431
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
-
Country Inn & Suites by Radisson, Smithfield-Selma, NC Hotel & Motel
-
Compass Community Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.90M
Owner & transaction history
Ranchhod LLC · 2 yrs held
Ranchhod LLC
since 2023
Last sale
$8.5M
6 recorded transactions
Zoning & alternative use
COM · Smithfield, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.9M
+488.5%
Office building
$5.8M
+476.4%
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 Smithfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smithfield 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
$8,925,000
ML approach
$9,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,890,000
Change: +488% · Conversion: Difficult
OFFICE BUILDING
$5,770,000
Change: +476% · Conversion: Difficult
Blend value · Realmo final
$8.90M
Range $8.01M – $9.78M · ±10% · vs last sale $8.50M (Nov 17 2023)
Last sale anchor
$8.50M
Nov 17 2023
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
$194 / 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
$75,840
Tax year 2024
Assessed value
$6,116,130
Assessed 2024
Previous assessed
$6,116,130
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$836,350
Assessed improvement
$5,279,780
Land market value
$836,350
Improvement market value
$5,279,780
Total market value
$6,116,130
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/MOTEL
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
96
Total area
45,949 SF
Lot
1.92 ac (83,635 SF)
Zoning code
COM
APN
15008045
UPID
US53-3463431
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Smithfield, NC
Zoning COM · permitted uses
COM · Smithfield, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smithfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL)
OFFICE 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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
96
Lot
1.92 ac
Current owner
From public records · entity-resolved
Ranchhod LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2302 NORWOOD AVE, GOLDSBORO, NC 27534-1675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
$8,500,000
Ranchhod LLC
Paradise LLC
Special Warranty Deed
—
Sep 22, 2023
$1,850,000
Smithfield Estates LLC
Market Street Investments
Warranty Deed
$1,480,000 · American National Bank & Trust Co
Feb 27, 2019
—
Paradise LLC
—
Deed
related
$5,675,000 · Ubs Ag
Sep 10, 2013
$900,000
Paradise LLC
Partners Equity Group
Grant Deed
—
—
—
Paradise LLC
—
Deed Of Trust
related
$5,675,000 · Ubs Ag
—
—
Paradise LLC
—
Deed Of Trust
related
$5,706,000 · Celtic Bk
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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