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Property profile & analytics
OFF-MARKET
Estimated value
$14,845,000
Hotels
315 Woodlawn Rd Charlotte, NC 28217-2348
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-5614056
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1987
Total area
78,638 SF
Lot
3.72 ac (162,043 SF)
Zoning code
TOD-CC
APN
14907320
UPID
US53-5614056
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
-
Four Points by Sheraton Charlotte Hotel & Motel
-
FSC TESTING Hotel & Motel
-
315@Loso Hotel Hotel & Motel
-
315@LoSo Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.18M
Blend (final)
Blend
$14.85M
Owner & transaction history
315 E Woodlawn Owner LLC · 3 yrs held
315 E Woodlawn Owner LLC
since 2022
Last sale
$14.3M
7 recorded transactions
Zoning & alternative use
TOD-CC · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$23.5M
+93.9%
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 Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlotte 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
$14,690,000
ML approach
$9,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,120,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$23,505,000
Change: +94% · Conversion: Difficult
Blend value · Realmo final
$14.85M
Range $13.36M – $16.33M · ±10% · vs last sale $14.25M (Aug 23 2022)
Last sale anchor
$14.25M
Aug 23 2022
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
$189 / 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
$103,876
Tax year 2023
Assessed value
$14,161,700
Assessed 2024
Previous assessed
$14,232,600
-0.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$4,407,100
Assessed improvement
$9,754,600
Land market value
$4,407,100
Improvement market value
$9,754,600
Total market value
$14,161,700
Applied tax rate
8.0000
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
1987
Heating
HEAT PUMP
Cooling
WALL UNIT
Stories
3
Units
133
Total area
78,638 SF
Lot
3.72 ac (162,043 SF)
Zoning code
TOD-CC
APN
14907320
UPID
US53-5614056
Jurisdiction
MECKLENBURG
Zoning & alternative use
TOD-CC · Charlotte, NC
Zoning TOD-CC · permitted uses
TOD-CC · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.5M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
133
Lot
3.72 ac
Current owner
From public records · entity-resolved
315 E Woodlawn Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1420 E 7TH ST #150, CHARLOTTE, NC 28204-2408
Ownership since
2022
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
Aug 23, 2022
—
315 E Woodlawn Owner LLC
Charlotte Hospitality LLC
Deed
—
Aug 23, 2022
$14,250,000
315 B Woodlawn Owner LLC
Charloite Hospitality LLC
Special Warranty Deed
—
Jun 30, 2017
$13,000,000
Charlotte Hospitality LLC
Omnivita Hospitality INC
Special Warranty Deed
—
Dec 28, 2004
$6,837,000
Omnivita Hospitality INC
Woodlawn Hotel Associates LLC
Grant Deed
$3,000,000 · State Bank Of Texas
Aug 23, 2004
$200,000
Sue R Coppala
Woodlawn Hotel Associates LLC
Warranty Deed
—
Dec 21, 1998
$5,300,000
Woodlawn Hotel Associates
Woodlawn,suites
Grant Deed
related
—
May 20, 1997
—
Woodlawn Suites Hotel INC
Woodlawn,suites
Quit Claim Deed
related
—
Jan 1, 1996
—
Woodlawn Suites Hotel INC
Woodlawn,suites
Quit Claim Deed
related
—
Jun 30, 1992
$2,640,000
Woodlawn Suites Hotel INC
Unknown
Grant Deed
—
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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