Individually Owned Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1987
Construction
STEEL & CONCRETE
Total area
64,373 SF
Lot
2.5 ac (108,900 SF)
Zoning code
RB,REGIONAL BUSINESS
APN
R04915-002-006-000
UPID
US53-0043752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Resort
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.43M
CAP Approach
CAP
$10.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.23M
Owner & transaction history
since 2021
Last sale
$10.3M
4 recorded transactions
Zoning & alternative use
RB,REGIONAL BUSINESS · Wilmington, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$12.23M
Value range
$11.00M – $13.45M
±10% around blend
Estimated value / SF
$190 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$11.00M
blend $12.23M
$13.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
64,373 SF
Lot area
2.5 ac
Year built
1987
Stories
4
APN
R04915-002-006-000
Zoning
RB,REGIONAL BUSINESS
Assessed value
$7,464,800
3
Income approach: direct capitalization
Partial preview
Income approach indication
$10.15M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$11.00M
@ 6.5% CAP return
$10.15M
@ 7% CAP return
$9.43M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$12.23M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 37 sales
$612
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $190/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.40%
Implied, in-place cap rate for this hotels
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.40%
9.0%
NOI (est.)
$718k *
Last sale · May 2021
$10.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$13.29M
Move the market yield to see immediate price impact.
Value / SF
$206
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.90%5.40%5.90%
$646k
$13.18M
$11.96M
$10.94M
$718k
$14.64M
$13.29M
$12.16M
$789k
$16.11M
$14.62M
$13.38M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$7,464,800
Assessed 2023
Previous assessed
$7,464,800
+0.0% YoY
Assessed land
$1,014,500
Assessed improvement
$6,450,300
Land market value
$1,014,500
Improvement market value
$6,450,300
Total market value
$7,464,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1987
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
4
Units
1
Bathrooms
3
Total area
64,373 SF
Lot
2.5 ac (108,900 SF)
Zoning code
RB,REGIONAL BUSINESS
APN
R04915-002-006-000
UPID
US53-0043752
Jurisdiction
NEW HANOVER
Zoning & alternative use
RB,REGIONAL BUSINESS · Wilmington, NCZoning RB,REGIONAL BUSINESS · permitted uses
RB,REGIONAL BUSINESS · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1987
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
3
Units
1
Bathrooms
3
Lot
2.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RB,REGIONAL BUSINESS
Jurisdiction
Wilmington, NC
Recorded code
RB,REGIONAL BUSINESS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB,REGIONAL BUSINESS in Wilmington, NC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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