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Property profile & analytics
OFF-MARKET
Estimated value
$3,575,000
Motels
9420 Independence Blvd Matthews, NC 28105-4505
Entity Owned
18-yr Hold
Free & Clear
Property ID
US53-3986058
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2009
Total area
52,342 SF
Lot
2.85 ac (124,146 SF)
Zoning code
I-2(CD)
APN
19322113
UPID
US53-3986058
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
-
Holiday Inn Express & Suites Charlotte Southeast - Matthews, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.58M
Owner & transaction history
Ohm Hotels Matthews LLC · 18 yrs held
Ohm Hotels Matthews LLC
since 2007
3 recorded transactions
Zoning & alternative use
I-2(CD) · Matthews, 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 Matthews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Matthews 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%
$5,285,000
6.5%
$4,875,000
7%
$4,530,000
Blend value · Realmo final
$3.58M
Range $3.22M – $3.93M · ±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
$68 / 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
$50,797
Tax year 2023
Assessed value
$6,868,200
Assessed 2024
Previous assessed
$8,088,700
-15.1% YoY
Effective rate
0.74%
On assessed value
Assessed land
$3,353,500
Assessed improvement
$3,514,700
Land market value
$3,353,500
Improvement market value
$3,514,700
Total market value
$6,868,200
Applied tax rate
19.0000
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
2009
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
89
Total area
52,342 SF
Lot
2.85 ac (124,146 SF)
Zoning code
I-2(CD)
APN
19322113
UPID
US53-3986058
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-2(CD) · Matthews, NC
Zoning I-2(CD) · permitted uses
I-2(CD) · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Matthews. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
89
Lot
2.85 ac
Current owner
From public records · entity-resolved
Ohm Hotels Matthews LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1348 MATTHEWS TOWNSHIP PKWYPY, MATTHEWS, NC 28105-4929
Ownership since
2007
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
Aug 13, 2021
—
Ohm Hotels Matthews LLC
—
Deed
related
$4,821,627 · The Fidelity Bank
Nov 2, 2007
$1,040,000
Ohm Hotels Matthews LLC
Donald Real Estate Invtrs LLC
Grant Deed
—
—
—
Ohm Hotels Matthews LLC
—
Deed Of Trust
related
$100,000 · Branch Banking & Trust Co
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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