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Property profile & analytics
OFF-MARKET
Estimated value
$7,300,000
Motels
8601 Hankins Rd, Charlotte, NC 28269
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0459375
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Total area
56,046 SF
Lot
1 ac (43,483 SF)
Zoning code
I-1
APN
2501304
UPID
US53-0459375
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.16M
Blend (final)
Blend
$7.30M
Owner & transaction history
Anshi Hospitality Charlotte LLC · 2 yrs held
Anshi Hospitality Charlotte LLC
since 2024
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
I-1 · Charlotte, 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 Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlotte 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
$7,300,000
ML approach
$7,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,640,000
Current use
Blend value · Realmo final
$7.30M
Range $6.57M – $8.03M · ±10% · vs last sale $7.30M (Mar 12 2024)
Last sale anchor
$7.30M
Mar 12 2024
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
$130 / 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
$42,577
Tax year 2023
Assessed value
$5,804,600
Assessed 2024
Previous assessed
$5,872,300
-1.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$699,800
Assessed improvement
$5,104,800
Land market value
$699,800
Improvement market value
$5,104,800
Total market value
$5,804,600
Applied tax rate
8.0000
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
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
128
Total area
56,046 SF
Lot
1 ac (43,483 SF)
Zoning code
I-1
APN
2501304
UPID
US53-0459375
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-1 · Charlotte, NC
Zoning I-1 · permitted uses
I-1 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$8.6M
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
128
Lot
1 ac
Current owner
From public records · entity-resolved
Anshi Hospitality Charlotte LLC
Entity
Mailing address
3415 QUEEN CITY DR, CHARLOTTE, NC 28208-3549
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
$7,300,000
Anshi Hospitality Charlotte LLC
Kfs Charlotte LLC
Special Warranty Deed
$5,000,000 · Gbank
Mar 12, 2024
—
Anshi Hospitality Charlotte LLC
—
Deed
related
$1,490,000 · Gbank
Aug 12, 2014
$3,850,000
Kfs Charlotte LLC
Afco Lodges-charlotte LLC
Grant Deed
$5,900,000 · Cantor Com'l R/e Lndg
May 12, 1999
—
Fulton Realty Company LLC
Afco,lodges Char
Grant Deed
related
—
Jan 6, 1999
—
Afco INC
—
Deed Of Trust
related
—
—
—
Afco Lodges-charlotte LLC Afc
—
Deed Of Trust
related
$3,425,000 · Empire Financial Services
—
—
Afco Lodges-charlotte LLC
—
Deed Of Trust
related
$1,969,331 · Empire Financial Services
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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