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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Hotels
9239 Vly Blvd, Blowing Rock, NC 28605-6338
Entity Owned
Free & Clear
Property ID
US53-2898603
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1882
Total area
12,052 SF
Lot
2.8 ac (121,968 SF)
Zoning code
BR-R6
APN
2817-42-2568-000
UPID
US53-2898603
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
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.59M
Owner & transaction history
Continental Divided Br LLC
Continental Divided Br LLC
since 2025
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
BR-R6 · Blowing Rock, 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 Blowing Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blowing Rock 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
$1,565,000
ML approach
$1,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.65M (Mar 14 2025)
Last sale anchor
$1.65M
Mar 14 2025
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
$132 / 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
Property tax & assessments
Assessed value
$2,484,200
Assessed 2023
Previous assessed
$2,484,200
+0.0% YoY
Assessed land
$243,000
Assessed improvement
$2,241,200
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
1882
Heating
NONE
Cooling
WINDOW A/C
Units
85
Total area
12,052 SF
Lot
2.8 ac (121,968 SF)
Zoning code
BR-R6
APN
2817-42-2568-000
UPID
US53-2898603
Jurisdiction
WATAUGA
Zoning & alternative use
BR-R6 · Blowing Rock, NC
Zoning BR-R6 · permitted uses
BR-R6 · Blowing Rock, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blowing Rock. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1882
Heating
NONE
Cooling
Yes
Units
85
Lot
2.8 ac
Current owner
From public records · entity-resolved
Continental Divided Br LLC
Entity
Free & Clear · 0 yrs held
Mailing address
63 COMMERCIAL AVE, GARDEN CITY, NY 11530-6439
Ownership since
2025
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
Nov 12, 2025
—
Continental Divided Br LLC
Green Park Br LLC
Warranty Deed
—
Mar 14, 2025
—
Sg Blowing Rock Tic LLC
Blowing Rock LLC
Warranty Deed
—
Mar 14, 2025
$1,650,000
Green Park Br LLC
Sg Blowing Rock Tic LLC
Warranty Deed
$3,500,000 · Bank Of Tennessee
May 6, 2010
$935,000
Blowing Rock LLC
Green Park Inn INC
Warranty Deed
—
Apr 26, 2010
$935,000
Blowing Rock LLC
Green Park Inn INC
Grant Deed
—
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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