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Property profile & analytics
FOR SALE
Hotels
6520 Thirlane Rd NW Roanoke, VA 24019
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US87-0607357
For Sale
1 / 15
Contact for pricing
6520 Thirlane Rd NW, Roanoke, VA 24019
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Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1976
Total area
23,393 SF
Lot
3.34 ac (145,490 SF)
Zoning code
C2
APN
037.10-01-10
UPID
US87-0607357
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
-
Knights Inn Roanoke Hotel & Motel
-
King's Inn Hotel & Motel
-
Dannys Watch Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Khushi & Khushbu LLC · 10 yrs held
Khushi & Khushbu LLC
since 2016
5 recorded transactions
Zoning & alternative use
C2 · Roanoke, VA
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 Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke 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
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,090,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$36 / 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
$21,840
Tax year 2024
Assessed value
$2,100,000
Assessed 2024
Previous assessed
$2,056,300
+2.1% YoY
Effective rate
1.04%
On assessed value
Assessed land
$374,000
Assessed improvement
$1,726,000
Land market value
$374,000
Improvement market value
$1,726,000
Total market value
$2,100,000
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
For Sale
Year built
1976
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
36
Total area
23,393 SF
Lot
3.34 ac (145,490 SF)
Zoning code
C2
APN
037.10-01-10
UPID
US87-0607357
Jurisdiction
ROANOKE
Zoning & alternative use
C2 · Roanoke, VAZoning C2 · permitted uses
C2 · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning | Roanoke, VA
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$1.1M
INDUSTRIAL (GENERAL)
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
1976
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
36
Lot
3.34 ac
Current owner
From public records · entity-resolved
Khushi & Khushbu LLC
Entity
Mailing address
6520 THIRLANE RD, ROANOKE, VA 24019-2904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2016
$2,100,000
Khushi & Khushbu LLC
Krishna Ents LLC
Grant Deed
$1,575,000 · Freedom First Cu
Feb 26, 2014
$295,000
East Coast Waffles INC
Krishn Ents LLC
Grant Deed
—
—
—
Lorrd Ganeshji INC
—
Deed Of Trust
related
$40,000 · Bank Of Boutetourt
—
—
Lorrd Ganeshji INC
—
Deed Of Trust
related
$1,300,000 · Bank Of Boutetourt
—
—
Lorrd Ganeshji INC
—
Loan Modification
related
$300,000 · Freedom First Cu
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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