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Property profile & analytics
OFF-MARKET
Estimated value
$6,690,000
Hotels
5110 Piper Sta Dr, Charlotte, NC 28277-6513
Trust Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5643392
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
81,388 SF
Lot
1.95 ac (84,811 SF)
Zoning code
MUDD-O
APN
22504506
UPID
US53-5643392
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
-
Home2 Suites by Hilton Charlotte Piper Glen Hotel & Motel
-
British Swim School of Home2 Suites – Charlotte Piper Glen Swimming School Baby Swimming School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.07M
Comparable Approach
Comparable
$4.20M
Blend (final)
Blend
$6.69M
Owner & transaction history
Buckingham Wallace & Kay Trust · 20 yrs held
Buckingham Wallace & Kay Trust
since 2005
2 recorded transactions
Zoning & alternative use
MUDD-O · 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%
$6,570,000
6.5%
$6,065,000
7%
$5,635,000
Blend value · Realmo final
$6.69M
Range $6.02M – $7.36M · ±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
$82 / 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
$110,620
Tax year 2023
Assessed value
$15,081,100
Assessed 2024
Previous assessed
$15,544,900
-3.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$2,531,500
Assessed improvement
$12,549,600
Land market value
$2,531,500
Improvement market value
$12,549,600
Total market value
$15,081,100
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
YES
Cooling
AC.PACKAGE
Stories
4
Units
126
Total area
81,388 SF
Lot
1.95 ac (84,811 SF)
Zoning code
MUDD-O
APN
22504506
UPID
US53-5643392
Jurisdiction
MECKLENBURG
Zoning & alternative use
MUDD-O · Charlotte, NC
Zoning MUDD-O · permitted uses
MUDD-O · 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
2018
Heating
YES
Cooling
Yes
Stories
4
Units
126
Lot
1.95 ac
Current owner
From public records · entity-resolved
Buckingham Wallace & Kay Trust
Trust
Mailing address
13860 BALLANTYNE CORPORATE PL STE #240, CHARLOTTE, NC 28277-3167
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Jul 7, 2016
—
Oms Piper Station LLC
—
Deed
related
$2,240,000 · Carolina Premier Bank
Oct 18, 2005
$3,130,000
Buckingham Wallace & Kay Trust
Best Locations LLC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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