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    Property profile & analytics

    5301 Equipment Dr Charlotte, NC 28262-5003

    • Motels
    • 47,523 SF
    • 3.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2003182
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Quality Inn & Suites University Area / Hotel
    • Outback steakhouse / Restaurant

    Property Details for 5301 Equipment Dr

    Year built
    1970
    Lot size
    3.45 lot acres
    Property size
    47,523 SF
    Zone code
    B-2
    Property type
    Motels
    APN
    4701112
    APU
    4701112

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7915
    Latitude
    35.2804
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,050
    $1,162,100
    $2,798,300
    $3,960,400
    -
    $1,162,100
    $2,798,300
    $3,960,400

    Comparable in this City

    • Value Estimation by Request
      42,526 SF

      5415 Equipment Dr

      MOTEL • 42,526 SF
      5415 Equipment Dr, Charlotte, NC 28262-5004
      View Details
    • Value Estimation
      $355,000
      0.76 Acres

      Collins-aik Dr

      HOTEL/MOTEL • 0.76 Acres
      Collins-aik Dr, Charlotte, NC 28262
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    • Value Estimation
      $3,700,000
      24,477 SF

      1416 Sugar Crk Rd

      MOTEL • 24,477 SF
      1416 Sugar Crk Rd, Charlotte, NC 28262-4942
      View Details
    • Value Estimation
      $800,000
      0.57 Acres

      Charlotte, NC 28262

      HOTEL/MOTEL • 0.57 Acres
      Charlotte, NC 28262
      View Details
    • Value Estimation by Request
      32,868 SF

      132 Mccullough Dr

      MOTEL • 32,868 SF
      132 Mccullough Dr, Charlotte, NC 28262-3307
      View Details
    • Value Estimation by Request
      48,219 SF

      8211 University Exec Park Dr

      MOTEL • 48,219 SF
      8211 University Exec Park Dr, Charlotte, NC 28262-3375
      View Details

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    Similar Nearby for Lease

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      Office Space in Kings Crossing

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      Industrial Space with Vacant Land

      5,600 SF industrial space with auxiliary land available for rent.
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      Retail Space Near Major Retailers

      20,230 SF retail space with high visibility and access.
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    Property Visit Statistics

    • Visits by month
      3.7k
    • Visitors by month
      1.8k
    • Avg Time on site
      281 min
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    5301 Equipment Dr
    Charlotte, NC 28262-5003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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