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Property profile & analytics
OFF-MARKET
Estimated value
$4,380,000
Hotels
Charlotte, NC 28277
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-4839506
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2020
Total area
89,484 SF
Lot
2.06 ac (89,516 SF)
Zoning code
MUDD-O
APN
22917130
UPID
US53-4839506
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.66M
Blend (final)
Blend
$4.38M
Owner & transaction history
Gbac Rea Farms LLC · 8 yrs held
Gbac Rea Farms LLC
since 2018
4 recorded transactions
Zoning & alternative use
MUDD-O · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.38M
Range $3.94M – $4.82M · ±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
$49 / 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
$149,080
Tax year 2023
Assessed value
$20,324,500
Assessed 2024
Previous assessed
$20,362,900
-0.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,656,700
Assessed improvement
$16,667,800
Land market value
$3,656,700
Improvement market value
$16,667,800
Total market value
$20,324,500
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
135
Total area
89,484 SF
Lot
2.06 ac (89,516 SF)
Zoning code
MUDD-O
APN
22917130
UPID
US53-4839506
Jurisdiction
MECKLENBURG
Zoning & alternative use
MUDD-O · Charlotte, NC
Zoning MUDD-O · permitted uses
MUDD-O · 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.
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
135
Lot
2.06 ac
Current owner
From public records · entity-resolved
Gbac Rea Farms LLC
Entity
Free & Clear · 8 yrs held
Mailing address
13860 BALLANTYNE CORPORATE PL STE #240, CHARLOTTE, NC 28277-3167
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
—
Oms Rea Farms LLC
—
Deed
related
$14,755,000 · First Horizon Bk
Jan 24, 2018
$1,850,000
Gbac Rea Farms LLC
Rea Farms Construction LLC
Grant Deed
—
Dec 21, 2017
$2,600,000
Oms Rea Farms LLC
Rea Farms Construction LLC
Special Warranty Deed
$1,950,000 · Select Bank & Trust Co
—
—
Oms Rea Farms LLC
—
Loan Modification
related
$14,755,000 · First Horizon Bk
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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