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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Hotels
Wren Tpke, Belmont, NC 28012
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US53-2330724
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2008
Total area
44,224 SF
Lot
3.32 ac (144,619 SF)
APN
212757
UPID
US53-2330724
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
$2.36M
Blend (final)
Blend
$2.12M
Owner & transaction history
Dc Hospitality Gastonia LLC · 11 yrs held
Dc Hospitality Gastonia LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.2M
+38.1%
Auto repair, garage
$3.1M
+33.1%
Restaurant
$2.6M
+11.4%
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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,300,000
Current use
RETAIL STORES
$3,175,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,060,000
Change: +33% · Conversion: Difficult
RESTAURANT
$2,560,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$2,455,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±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
$48 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$74,360
Tax year 2024
Assessed value
$6,955,990
Assessed 2024
Previous assessed
$10,060,310
-30.9% YoY
Effective rate
1.07%
On assessed value
Assessed improvement
$6,955,990
Applied tax rate
180.0000
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/MOTEL
Status
Off-Market
Year built
2008
Heating
NONE
Stories
4
Total area
44,224 SF
Lot
3.32 ac (144,619 SF)
APN
212757
UPID
US53-2330724
Jurisdiction
GASTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.3M
RETAIL STORES
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RESTAURANT
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
HOTEL/MOTEL Current
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
2008
Heating
NONE
Stories
4
Lot
3.32 ac
Current owner
From public records · entity-resolved
Dc Hospitality Gastonia LLC
Entity
Mailing address
PO BOX 311, BOUND BROOK, NJ 08805-0311
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2020
—
Dc Hospitality Gastonia LLC
—
Deed
related
$4,300,000 · Security Bk/ks Cty
Jul 25, 2019
—
Dc Hospitalit Gastonia LLC
—
Deed
related
$550,000 · Bank Vi
Sep 20, 2017
—
Dc Hospitality Gastonia LLC
—
Deed
related
$3,800,000 · Bank Vi
Oct 15, 2014
$3,475,000
Dc Hospitality Gastonia LLC
New River Gastonia LLC
Grant Deed
$2,780,000 · Security Bk/ks Cty
Feb 2, 2007
$253,000
New River Gastonia LLC
—
Grant Deed
related
—
—
—
New River Gastonia LLC
—
Loan Modification
related
$4,217,405 · Bank Of Camden
—
—
Dc Hospitalit Gastonia LLC
—
Deed Of Trust
related
$550,000 · Bank Vi
—
—
New River Gastonia LLC
—
Deed Of Trust
related
$4,217,405 · Bank Of Camden
—
—
Dc Hospitality Gastonia LLC
—
Deed Of Trust
related
$4,300,000 · Security Bk/ks Cty
—
—
Dc Hospitality Gastonia LLC
—
Deed Of Trust
related
$3,800,000 · Bank Vi
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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