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Property profile & analytics
OFF-MARKET
Estimated value
$7,085,000
Hotels
9705 Leitner Dr Pineville, NC 28134-6565
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1289614
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Total area
42,645 SF
Lot
2.09 ac (91,084 SF)
Zoning code
B-4
APN
20709506
UPID
US53-1289614
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
-
Four Points by Sheraton Charlotte - Pineville Hotel & Motel
-
Little Sugar Creek Greenway Access Hiking Area
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.24M
Blend (final)
Blend
$7.09M
Owner & transaction history
Sal Hospitality INC · 5 yrs held
Sal Hospitality INC
since 2020
Last sale
$6.5M
5 recorded transactions
Zoning & alternative use
B-4 · Pineville, 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 Pineville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pineville 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
$7,450,000
ML approach
$7,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,655,000
Current use
Blend value · Realmo final
$7.09M
Range $6.38M – $7.79M · ±10% · vs last sale $6.50M (Dec 30 2020)
Last sale anchor
$6.50M
Dec 30 2020
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
$166 / 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
$53,686
Tax year 2023
Assessed value
$7,081,700
Assessed 2024
Previous assessed
$7,168,800
-1.2% YoY
Effective rate
0.76%
On assessed value
Assessed land
$994,300
Assessed improvement
$6,087,400
Land market value
$994,300
Improvement market value
$6,087,400
Total market value
$7,081,700
Applied tax rate
21.0000
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
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
85
Total area
42,645 SF
Lot
2.09 ac (91,084 SF)
Zoning code
B-4
APN
20709506
UPID
US53-1289614
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-4 · Pineville, NC
Zoning B-4 · permitted uses
B-4 · Pineville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pineville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.7M
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
85
Lot
2.09 ac
Current owner
From public records · entity-resolved
Sal Hospitality INC
Entity
Mailing address
1103 LANADA RD, GREENSBORO, NC 27407-2651
Ownership since
2020
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
Dec 30, 2020
$6,500,000
Sal Hospitality INC
Ohm Hotels LLC
Special Warranty Deed
$4,000,000 · The Fidelity Bank
Dec 6, 2018
—
Ohm Hotels LLC
—
Deed
related
$495,000 · Branch Bk&tr
Jun 24, 2008
—
Ohm Hotels LLC
—
Deed Of Trust
related
$5,000,000 · Branch Banking & Trust Co
—
—
Ohm Hotels LLC
—
Deed Of Trust
related
$495,000 · Branch Bk&tr
—
—
Ohm Hotels LLC
—
Deed Of Trust
related
$2,750,000 · Trinity Bank
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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