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Property profile & analytics
OFF-MARKET
Estimated value
$4,945,000
Hotels
401 Towne Ctr Blvd Pineville, NC 28134-8587
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-2133579
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Total area
61,180 SF
Lot
2.41 ac (105,154 SF)
Zoning code
B-4
APN
22113101
UPID
US53-2133579
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
-
Hampton Inn & Suites Charlotte/Pineville Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.95M
Owner & transaction history
Towne 401 LLC · 1 yrs held
Towne 401 LLC
since 2024
7 recorded transactions
Zoning & alternative use
B-4 · Pineville, 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 Pineville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pineville 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%
$6,175,000
6.5%
$5,700,000
7%
$5,295,000
Blend value · Realmo final
$4.95M
Range $4.45M – $5.44M · ±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
$81 / 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
$76,918
Tax year 2023
Assessed value
$10,146,100
Assessed 2024
Previous assessed
$10,241,300
-0.9% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,862,900
Assessed improvement
$8,283,200
Land market value
$1,862,900
Improvement market value
$8,283,200
Total market value
$10,146,100
Applied tax rate
21.0000
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
1996
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
112
Total area
61,180 SF
Lot
2.41 ac (105,154 SF)
Zoning code
B-4
APN
22113101
UPID
US53-2133579
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-4 · Pineville, NC
Zoning B-4 · permitted uses
B-4 · Pineville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pineville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
112
Lot
2.41 ac
Current owner
From public records · entity-resolved
Towne 401 LLC
Entity
Mailing address
1635 43RD ST S STE #205, FARGO, ND 58103-3580
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
$8,850,000
Towne 401 LLC
Lf3 Pineville LLC
Special Warranty Deed
$5,174,500 · The Bancorp Bank
Mar 19, 2019
$13,897,500
Lf3 Pineville LLC
Gnp Group Of Pineville LLC
Grant Deed
—
Mar 19, 2019
—
Lf3 Pineville LLC
Gnp Group Of Pineville LLC
Grant Deed
related
—
Nov 29, 2004
$5,500,000
Gnp Group Of Pineville LLC
Kirk,william B JR
Trustees Deed
$4,800,000 · Branch Banking & Trust Co
Dec 30, 1997
—
Phg Hotel Group LLC
Phg Hotel Group
Quit Claim Deed
related
—
May 13, 1996
—
Panos Hotel Pineville LLC
—
Deed Of Trust
related
$4,980,000 · Branch Banking & Trust Co
Dec 22, 1995
—
Greg P Panos
Pmc,acquisitions
Grant Deed
$500,000 · Lincoln Bank
—
—
Gnp Group Of Pineville LLC
—
Deed Of Trust
related
$6,400,000 · J P Morgan Chase Bank
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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