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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Hotels
3194 Soco Rd, Maggie Valley, NC 28751-9503
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-5650208
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1962
Total area
6,524 SF
Lot
1.88 ac (81,893 SF)
Zoning code
MC-1
APN
7686-57-7114
UPID
US53-5650208
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
-
Travelowe's Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$930k
Owner & transaction history
P&m Bright Beginings LLC · 2 yrs held
P&m Bright Beginings LLC
since 2023
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
MC-1 · Maggie Valley, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+37.5%
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 Maggie Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maggie Valley 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
$850,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$915,000
Current use
RETAIL STORES
$1,260,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: -15% · Conversion: Difficult
RESTAURANT
$775,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.11M (Dec 6 2023)
Last sale anchor
$1.11M
Dec 6 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
$143 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$825,400
Assessed 2023
Previous assessed
$825,400
+0.0% YoY
Assessed land
$318,600
Assessed improvement
$506,800
Land market value
$318,600
Improvement market value
$506,800
Total market value
$825,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1962
Heating
YES
Cooling
PARTIAL
Buildings
4
Stories
1
Bathrooms
4
Total area
6,524 SF
Lot
1.88 ac (81,893 SF)
Zoning code
MC-1
APN
7686-57-7114
UPID
US53-5650208
Jurisdiction
HAYWOOD
Zoning & alternative use
MC-1 · Maggie Valley, NC
Zoning MC-1 · permitted uses
MC-1 · Maggie Valley, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maggie Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$915,000
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$780,000
RESTAURANT
Est. value
$775,000
HOTEL/MOTEL Current
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
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
1962
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
4
Lot
1.88 ac
Current owner
From public records · entity-resolved
P&m Bright Beginings LLC
Entity
Mailing address
35 SILVER DARTER LN, MAGGIE VALLEY, NC 28751
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
Dec 6, 2023
$1,111,000
P&m Bright Beginings LLC
Blue Sky Hotels INC
Warranty Deed
$870,000 · Centerstone Sba Lending INC
Dec 7, 2020
—
Blue Sky Hotels INC
—
Deed
related
$630,000 · Nantahala Bank & Trust Company
Mar 11, 2020
$900,000
Blue Sky Hotels INC
Dev Somesvara INC
Warranty Deed
$630,000 · State Bk/tx
Jun 13, 2012
$1,100
Dev Somesvara INC
Lowe,betty
Warranty Deed
$475,000 · Betty Lowe
Jun 11, 2012
$588,000
Betty Lowe
Martin Stephen J
Trustees Deed
related
—
Jan 3, 2006
$800,000
Scott Pauley
Lowe,betty F
Warranty Deed
$650,000 · Betty F Lowe
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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