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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Hotels
711 Key St, Pilot Mountain, NC 27041-8436
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4276607
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,258 SF
Lot
3.52 ac (153,331 SF)
Zoning code
GB
APN
5965-06-28-8647
UPID
US53-4276607
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
-
Econo Lodge Inn & Suites Hotel & Motel
-
C.R.Michael Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Pramukh C Hospitality LLC · 3 yrs held
Pramukh C Hospitality LLC
since 2022
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
GB · Pilot Mountain, 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 Pilot Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pilot Mountain 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
$1,295,000
ML approach
$1,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,025,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,770,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,745,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,720,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,620,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,460,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,395,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10% · vs last sale $1.25M (Nov 2 2022)
Last sale anchor
$1.25M
Nov 2 2022
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
$78 / 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
$14,328
Tax year 2024
Assessed value
$1,236,210
Assessed 2024
Previous assessed
$1,236,210
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$484,530
Assessed improvement
$751,680
Land market value
$484,530
Improvement market value
$751,680
Total market value
$1,236,210
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
39
Total area
16,258 SF
Lot
3.52 ac (153,331 SF)
Zoning code
GB
APN
5965-06-28-8647
UPID
US53-4276607
Jurisdiction
SURRY
Zoning & alternative use
GB · Pilot Mountain, NC
Zoning GB · permitted uses
GB · Pilot Mountain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pilot Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
39
Lot
3.52 ac
Current owner
From public records · entity-resolved
Pramukh C Hospitality LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2676 W NC 24TH HWY, WARSAW, NC 28398-7948
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 2, 2022
$1,250,000
Pramukh C Hospitality LLC
Savitamagan LLC
Warranty Deed
—
Jan 27, 2015
$1,444,000
Savitamagan LLC
Akshar Hotels LLC
Warranty Deed
$980,000 · First Security Bank Nevada
Jun 19, 2008
$1,585,000
Akshar Hotels LLC
Pilot Hospitality LLC
Warranty Deed
$1,308,000 · Community South Bank
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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