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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Motels
3601 Brookshire Blvd, Charlotte, NC 28216-4007
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-5776031
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Total area
11,372 SF
Lot
0.81 ac (35,496 SF)
Zoning code
B-2
APN
6512104
UPID
US53-5776031
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
-
Rodeway Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Dh Hotels LLC · 1 yrs held
Dh Hotels LLC
since 2025
7 recorded transactions
Zoning & alternative use
B-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,055,000
7%
$980,000
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$79 / 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
$11,594
Tax year 2023
Assessed value
$1,580,700
Assessed 2024
Previous assessed
$1,601,300
-1.3% YoY
Effective rate
0.73%
On assessed value
Assessed land
$561,300
Assessed improvement
$1,019,400
Land market value
$561,300
Improvement market value
$1,019,400
Total market value
$1,580,700
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1988
Heating
HEAT PUMP
Cooling
WALL UNIT
Stories
2
Units
40
Total area
11,372 SF
Lot
0.81 ac (35,496 SF)
Zoning code
B-2
APN
6512104
UPID
US53-5776031
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-2 · Charlotte, NC
Zoning B-2 · permitted uses
B-2 · 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.
Building & site characteristics
From public records
Year built
1988
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
40
Lot
0.81 ac
Current owner
From public records · entity-resolved
Dh Hotels LLC
Entity
Mailing address
3601 BROOKSHIRE BLVD, CHARLOTTE, NC 28216-4007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
$1,900,000
Dh Hotels LLC
Diwali Hotel INC
Special Warranty Deed
$1,660,000 · Gbank
Jul 1, 2016
—
Diwali Hotel INC
—
Deed
related
$570,000 · Hana Small Busn Lndg
Nov 16, 2012
$587,500
Diwali Hotel INC
Shayona 98 INC
Warranty Deed
—
Nov 4, 2004
$375,000
Shayona 98 INC
Om Hotels Investments INC
Warranty Deed
$325,000 · Amratlal R & Manuben A Patel
Jul 22, 2004
$310,000
Om Hotels Investments INC
General Electric Capital Corp
Grant Deed
$382,500 · Cabarrus Bank & Trust Co
Apr 16, 2004
$325,000
General Electric Capital Corp
Rogers,jeff D
Trustees Deed
related
—
May 1, 1999
$1,105,500
Pooja INC
Hornets Rest Inn
Grant Deed
—
—
—
Diwali Hotel INC
—
Deed Of Trust
related
$550,000 · Nayan & Sunil M Patel
—
—
Diwali Hotel INC
—
Deed Of Trust
related
$570,000 · Hana Small Busn Lndg
—
—
Shayona 98 INC
—
Deed Of Trust
related
$150,000 · A R Patel
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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