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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Hotels
701 Clb Dr Keswick, VA 22947-2615
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-0643267
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1993
Total area
32,578 SF
Lot
9.5 ac (413,646 SF)
Zoning code
RURAL AREAS
APN
08000-00-00-00900
UPID
US87-0643267
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
-
Keswick Hall Hotel & Motel
-
The Spa at Keswick Hall Spa & Massage Center
-
Tesla Destination Charger Electric Vehicle Charging Station
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Marigold by Jean-Georges Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Historic Hotels Of Albemarle L · 7 yrs held
Historic Hotels Of Albemarle L
since 2019
3 recorded transactions
Zoning & alternative use
RURAL AREAS · Keswick, VA
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 Keswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keswick 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
HOTEL/MOTEL
$560,000
Current use
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$24 / 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
Assessed value
$16,889,000
Assessed 2024
Previous assessed
$18,701,600
-9.7% YoY
Assessed land
$1,911,000
Assessed improvement
$14,978,000
Land market value
$1,911,000
Improvement market value
$14,978,000
Total market value
$16,889,000
Applied tax rate
3.0000
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
Status
Off-Market
Year built
1993
Heating
FORCED AIR
Buildings
3
Stories
3
Total area
32,578 SF
Lot
9.5 ac (413,646 SF)
Zoning code
RURAL AREAS
APN
08000-00-00-00900
UPID
US87-0643267
Jurisdiction
ALBEMARLE
Zoning & alternative use
RURAL AREAS · Keswick, VAZoning RURAL AREAS · permitted uses
RURAL AREAS · Keswick, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$560,000
HOTEL/MOTEL Current
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
1993
Heating
FORCED AIR
Stories
3
Buildings
3
Lot
9.5 ac
Current owner
From public records · entity-resolved
Historic Hotels Of Albemarle L
Individual
Mailing address
701 CLB DR, KESWICK, VA 22947-2615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2019
—
Historic Hotels Of Albemarle L
Keswick Club LLC
Grant Deed
related
—
Jan 24, 2012
$2,841,869
Historic Hotels Of Albemarle LLC
Keswick Corp
Grant Deed
—
Nov 2, 2010
—
Keswick Hall INC
—
Deed Of Trust
related
$42,875,000 · Overseas Chinese Banking Corp
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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