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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Motels
825 Klumac Rd, Salisbury, NC 28144-5721
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-0191611
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Total area
27,900 SF
Lot
1.01 ac (43,996 SF)
Zoning code
HB:HIGHWAY BUSINESS
APN
060 163
UPID
US53-0191611
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 Salisbury Inn Hotel & Motel
-
Quality Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Mahadev Hotesl INC · 10 yrs held
Mahadev Hotesl INC
since 2016
3 recorded transactions
Zoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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
MEDICAL BUILDING
$2,615,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,595,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,125,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,890,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,105,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±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
$57 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30,713
Tax year 2023
Assessed value
$2,567,979
Assessed 2023
Previous assessed
$1,925,825
+33.3% YoY
Effective rate
1.20%
On assessed value
Assessed land
$385,000
Assessed improvement
$2,182,979
Land market value
$385,000
Improvement market value
$2,182,979
Total market value
$2,567,979
Applied tax rate
101.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1998
Heating
YES
Buildings
2
Stories
3
Units
54
Total area
27,900 SF
Lot
1.01 ac (43,996 SF)
Zoning code
HB:HIGHWAY BUSINESS
APN
060 163
UPID
US53-0191611
Jurisdiction
ROWAN
Zoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, NC
Zoning HB:HIGHWAY BUSINESS · permitted uses
HB:HIGHWAY BUSINESS · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.6M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1998
Heating
YES
Stories
3
Buildings
2
Units
54
Lot
1.01 ac
Current owner
From public records · entity-resolved
Mahadev Hotesl INC
Entity
Mailing address
825 KLUMAC RD, SALISBURY, NC 28144-5721
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2016
$19,000
Mahadev Hotesl INC
Shivam Hospitality INC
Warranty Deed
$1,725,000 · Uwharrie Bank
Dec 30, 2005
$2,500,000
Shivam Hospitality INC
Srp & Associates
Grant Deed
$1,275,000 · General Elec Cap
—
—
Shivam,hospitality INC
—
Deed Of Trust
related
$816,000 · The Asheville Buncombe Development 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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