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Property profile & analytics
OFF-MARKET
Estimated value
$4,335,000
Hotels
9615 Independence Pointe Pkwy Matthews, NC 28105-2782
Entity Owned
11-yr Hold
Free & Clear
Property ID
US53-5488330
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1995
Total area
46,142 SF
Lot
1.71 ac (74,662 SF)
Zoning code
B-3(CD)
APN
19323128
UPID
US53-5488330
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
-
Hampton Inn Charlotte/Matthews Hotel & Motel
-
The Polygraph Examiner Law Firm
-
quale hollow Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.34M
Owner & transaction history
Mcrt3 Matthews LLC · 11 yrs held
Mcrt3 Matthews LLC
since 2015
7 recorded transactions
Zoning & alternative use
B-3(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%
$4,655,000
6.5%
$4,300,000
7%
$3,990,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,200,000
Current use
Blend value · Realmo final
$4.34M
Range $3.90M – $4.77M · ±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
$94 / 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
$72,397
Tax year 2023
Assessed value
$9,788,600
Assessed 2024
Previous assessed
$9,877,300
-0.9% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,911,900
Assessed improvement
$7,876,700
Land market value
$1,911,900
Improvement market value
$7,876,700
Total market value
$9,788,600
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1995
Heating
HEAT PUMP
Cooling
WALL UNIT
Stories
3
Units
92
Total area
46,142 SF
Lot
1.71 ac (74,662 SF)
Zoning code
B-3(CD)
APN
19323128
UPID
US53-5488330
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-3(CD) · Matthews, NC
Zoning B-3(CD) · permitted uses
B-3(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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.2M
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
1995
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
92
Lot
1.71 ac
Current owner
From public records · entity-resolved
Mcrt3 Matthews LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1503 LYNDON B JOHNSON FWY STE #300, DALLAS, TX 75234-6011
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
—
Mcrt3 Matthews LLC
—
Deed
related
$631,500,000 · Citi Real Estate Funding INC
Oct 18, 2018
—
Mcrt3 Matthews LLC
—
Grant Deed
related
$1,100,000,000 · Bank Of America
Mar 3, 2015
$13,800,000
Mcrt3 Matthews LLC
Apple Eight North Carolina LP
Special Warranty Deed
—
Dec 31, 2008
—
Apple Eight Hospitality INC
Apple Eight Hospitality Owners
Quit Claim Deed
—
Jan 18, 2008
$10,550,000
Eight Hospitality Owners Apple
Sns Brothers LLC
Warranty Deed
—
Aug 17, 2005
—
Sns Brothers LLC
—
Trustees Deed
related
$400,000 · Piedmont Bank
Dec 30, 2004
$4,450,000
Wfbm Matthews LLC
Kirk,william B JR
Trustees Deed
—
Dec 30, 2004
$4,050,000
Sns Brothers LLC
Wfbm Matthews LLC
Grant Deed
$3,037,500 · Piedmont Bank
Dec 30, 1997
—
Phg Hotel Group LLC
Phg Hotel Group
Quit Claim Deed
related
—
Mar 27, 1996
—
Panos Hotel Group
—
Deed Of Trust
related
$7,100,000 · Firstmerit Bank NA
Aug 1, 1994
$350,000
Greg P Panos
Squires Realty I
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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