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Property profile & analytics
OFF-MARKET
Estimated value
$8,500,000
Motels
5009 Pelham Rd Greenville, SC 29615-5465
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-0901429
Property summary
AI-generated overview
This lucrative 142-key Best Western hotel, situated at 5009 Pelham Rd in Greenville, South Carolina, presents a compelling investment opportunity. Built in 1984 and extensively renovated in 2016, this property is offered at $10,500,000, representing a competitive price per key. The hotel sits on a sizable 3.62-acre lot and benefits from a prime location, boasting impressive demographics with a projected 2023 population of 139,261 within a 5-mile radius and strong median household incomes. Its convenient access and proximity to key areas are clearly showcased in aerial views. High-quality images highlight the hotel's well-maintained infrastructure and diverse amenities, making it an attractive prospect for investors seeking a profitable venture in the thriving Greenville hospitality market. The property's zip code is 29615, and it is located in Greenville County. This fully renovated hotel offers a strong return on investment in a desirable location.
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Lot
3.62 ac (157,600 SF)
Zoning code
S1
APN
0533.02-01-018.04
UPID
US77-0901429
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
-
Best Western Greenville Airport Inn Hotel & Motel
-
Greenville Driving School Training Center Vocational School
-
864 Drivers Ed Greenville Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.50M
Owner & transaction history
Lc Hospitality Group LLC · 2 yrs held
Lc Hospitality Group LLC
since 2024
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
S1 · Greenville, SC
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$8,500,000
ML approach
$8,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.50M
Range $7.65M – $9.35M · ±10% · vs last sale $8.50M (Jan 19 2024)
Last sale anchor
$8.50M
Jan 19 2024
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
—
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
$77,016
Tax year 2023
Assessed value
$239,450
Assessed 2023
Previous assessed
$239,450
+0.0% YoY
Effective rate
32.16%
On assessed value
Assessed land
$19,290
Assessed improvement
$220,160
Land market value
$321,500
Improvement market value
$3,669,410
Total market value
$3,990,910
Applied tax rate
195.0000
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
1995
Heating
NONE
Lot
3.62 ac (157,600 SF)
Zoning code
S1
APN
0533.02-01-018.04
UPID
US77-0901429
Jurisdiction
GREENVILLE
Zoning & alternative use
S1 · Greenville, SCZoning S1 · permitted uses
S1 · Greenville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
3.62 ac
Current owner
From public records · entity-resolved
Lc Hospitality Group LLC
Entity
Mailing address
5009 PELHAM RD, GREENVILLE, SC 29615-5465
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$8,500,000
Lc Hospitality Group LLC
C & M Hospitality Group Sc LLC
Limited Warranty Deed
$5,000,000 · Gbank
Jan 19, 2024
—
Lc Hospitality Group LLC
—
Deed
related
$500,000 · C & M Hospitality Group Sc LLC
Sep 12, 2017
$6,750,000
C M Hospttality Group Sc LLC
Mdd Of South Carolina LLC
Deed
$4,992,000 · Pacific Premier Bank
May 1, 2017
—
Mdd Of South Carolina LLC
—
Deed
related
$2,200,000 · Countybank
Jun 25, 2007
—
Mdd Of South Carolina LLC
—
Deed Of Trust
related
$3,400,000 · Bridger Commercial Funding LLC
Mar 10, 2006
$3,150,000
Mdd Of South Carolina LLC
Southern Hotel Group INC
Grant Deed
$2,675,000 · Greer State Bank
Feb 10, 2004
$1,315,000
Southern Hotel Group INC
—
Grant Deed
related
—
Apr 16, 2002
$500,000
Dljmac 1997-cfi Pelham Inn
—
Grant Deed
—
—
—
Mdd Of South Carolina LLC
—
Deed Of Trust
related
$2,200,000 · Countybank
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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