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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Hotels
534 New Hope Rd, Gastonia, NC 28054-7409
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-4779795
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2021
Total area
50,661 SF
Lot
2.32 ac (101,059 SF)
Zoning code
R1
APN
227465
UPID
US53-4779795
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
-
The Jonas Law Firm, P.L.L.C. Law Firm Child Welfare Organization
-
United Bank Bank Loan Service
-
Tru by Hilton Gastonia Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.17M
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$3.77M
Owner & transaction history
LAKSHMI HOTEL INC
LAKSHMI HOTEL INC
Zoning & alternative use
R1 · Gastonia, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.0M
+127.7%
Retail stores
$3.9M
+49.2%
Auto repair, garage
$3.7M
+41.4%
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 Gastonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gastonia 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%
$4,510,000
6.5%
$4,165,000
7%
$3,865,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,635,000
Current use
COMMERCIAL (GENERAL)
$5,995,000
Change: +128% · Conversion: Difficult
RETAIL STORES
$3,930,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,725,000
Change: +41% · Conversion: Difficult
RESTAURANT
$3,080,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.14M · ±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
$74 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$105,830
Tax year 2024
Assessed value
$9,899,930
Assessed 2024
Previous assessed
$7,406,860
+33.7% YoY
Effective rate
1.07%
On assessed value
Assessed improvement
$9,899,930
Applied tax rate
180.0000
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/MOTEL
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Bathrooms
1
Total area
50,661 SF
Lot
2.32 ac (101,059 SF)
Zoning code
R1
APN
227465
UPID
US53-4779795
Jurisdiction
GASTON
Zoning & alternative use
R1 · Gastonia, NC
Zoning R1 · permitted uses
R1 · Gastonia, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gastonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RETAIL STORES
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RESTAURANT
Est. value
$3.1M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Bathrooms
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
LAKSHMI HOTEL INC
Entity
Free & Clear · 0 yrs held
Mailing address
1225 AUDUBON DR, GASTONIA, NC 28054-6425
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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