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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Hotels
605 Us Hwy 117th S, Burgaw, NC 28425
Entity Owned
9-yr Hold
Property ID
US53-2374925
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1964
Total area
5,227 SF
Lot
1.31 ac (57,064 SF)
Zoning code
RA
APN
3229-46-8544-0000
UPID
US53-2374925
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
-
Nidhi Shah Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Vd Brothers LLC · 9 yrs held
Vd Brothers LLC
since 2017
4 recorded transactions
Zoning & alternative use
RA · Burgaw, 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 Burgaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burgaw 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$865,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$660,000
Change: 0% · Conversion: Difficult
RESTAURANT
$590,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$495,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$460,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$415,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$106 / 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
Property tax & assessments
Assessed value
$614,909
Assessed 2023
Previous assessed
$614,909
+0.0% YoY
Assessed land
$284,925
Assessed improvement
$329,984
Land market value
$284,925
Improvement market value
$329,984
Total market value
$614,909
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1964
Heating
RADIANT
Buildings
2
Stories
1
Rooms
6
Bathrooms
12
Total area
5,227 SF
Lot
1.31 ac (57,064 SF)
Zoning code
RA
APN
3229-46-8544-0000
UPID
US53-2374925
Jurisdiction
PENDER
Zoning & alternative use
RA · Burgaw, NC
Zoning RA · permitted uses
RA · Burgaw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burgaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$865,000
OFFICE BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$660,000
RESTAURANT
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$495,000
MEDICAL BUILDING
Est. value
$460,000
WAREHOUSE, STORAGE
Est. value
$415,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1964
Heating
RADIANT
Stories
1
Buildings
2
Rooms
6
Bathrooms
12
Lot
1.31 ac
Current owner
From public records · entity-resolved
Vd Brothers LLC
Entity
Mailing address
605 US HWY 117TH N, BURGAW, NC 28425-5107
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2020
—
Vd Brothers LLC
—
Deed
related
$550,000 · First Citizens Bank & Trust Co
Mar 1, 2017
$800,000
Vd Brothers LLC
Odedra,harbham & Valiben
Warranty Deed
$640,000 · Harbham & Valiben Odedra
—
—
Harbham Odedra
—
Loan Modification
related
—
—
—
Vd Brothers LLC
—
Deed Of Trust
related
$550,000 · First Citizens Bk
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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