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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Hotels
329 Commonwealth Dr Yorktown, VA 23693-5651
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US87-0815669
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2002
Total area
29,862 SF
Lot
2.08 ac (90,605 SF)
Zoning code
GENERAL BUSINESS
APN
S03C-0714-0279
UPID
US87-0815669
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
-
Candlewood Suites Newport News/Yorktown, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Shantinath Cw LLC · 12 yrs held
Shantinath Cw LLC
since 2013
2 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+22.5%
Office building
$2.4M
+19.8%
Industrial (general)
$2.2M
+11.3%
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 Yorktown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yorktown 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,980,000
Current use
AUTO REPAIR, GARAGE
$2,425,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$2,370,000
Change: +20% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,200,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$2,105,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10%
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
$53 / 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
$31,932
Tax year 2024
Assessed value
$4,315,100
Assessed 2024
Previous assessed
$2,858,200
+51.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$576,800
Assessed improvement
$3,738,300
Land market value
$576,800
Improvement market value
$3,738,300
Total market value
$4,315,100
Applied tax rate
5,104,150.0000
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
2002
Heating
GAS
Cooling
CENTRAL
Stories
3
Rooms
59
Total area
29,862 SF
Lot
2.08 ac (90,605 SF)
Zoning code
GENERAL BUSINESS
APN
S03C-0714-0279
UPID
US87-0815669
Jurisdiction
YORK
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VAZoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Yorktown, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2002
Heating
GAS
Cooling
Yes
Stories
3
Rooms
59
Lot
2.08 ac
Current owner
From public records · entity-resolved
Shantinath Cw LLC
Entity
Mailing address
237 CMNS WAY, WILLIAMSBURG, VA 23185-2932
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2013
$2,200,000
Shantinath Cw LLC
Wells Fargo Bk N 2006-c4
Grant Deed
$2,000,000 · Towne Bank
Mar 8, 2012
$2,250,000
Fargo Bk NA Wells
Glasser & Glasser
Trustees 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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