71-Unit Hotel
For Sale
$2,000,000
Pending
407 National Highway, Thomasville, NC 27360
Business Opportunity, Thomasville, NC
Property Size43,335 SF
Lot Size2.59 Acres
Days on Market155
Property Features for 407 National Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
74
Full bathrooms
74
Rooms
Bathroom 42, Bathroom 20, Bathroom 35, Bathroom 25, Bathroom 51, Bathroom 67, Bathroom 55, Bathroom 71, Bathroom 52, Bathroom 29, Bathroom 64, Bathroom 72, Bathroom 36, Bathroom 7, Bathroom 48, Bathroom 28, Bathroom 62, Bathroom 60, Bathroom 68, Bathroom 34, Bathroom 18, Bathroom 5, Bathroom 38, Bathroom 13, Bathroom 47, Bathroom 14, Bathroom 65, Bathroom 37, Bathroom 11, Bathroom 22, Bathroom 40, Bathroom 39, Bathroom 46, Bathroom 69, Bathroom 23, Bathroom 1, Bathroom 17, Bathroom 33, Bathroom 4, Bathroom 50, Bathroom 12, Bathroom 58, Bathroom 70, Bathroom 73, Bathroom 45, Bathroom 44, Bathroom 61, Bathroom 63, Bathroom 24, Bathroom 41, Bathroom 2, Bathroom 19, Bathroom 31, Bathroom 10, Bathroom 49, Bathroom 15, Bathroom 21, Bathroom 26, Bathroom 30, Bathroom 53, Bathroom 32, Bathroom 57, Bathroom 6, Bathroom 8, Bathroom 59, Bathroom 27, Bathroom 56, Bathroom 66, Bathroom 3, Bathroom 54, Bathroom 74, Bathroom 9, Bathroom 43, Bathroom 16
Standard status
Pending
APN
6788-03-21-8852, 6788-03-21-9939,6788-03
Size
43,335 SF
Lot size
2.59 Acres
Taxes and HOA fees
Tax Annual Amount
1080000
Utilities
Heating system
Forced Air, Hot Water(Heating), Electric (Heating)
Building Details
Flooring type
Tile
Building materials
Stone, Brick
Listing Agency:
ARC REAL ESTATE LLC
Listed By:
Andre Cobbs · License #306940
(336) 210-6291
Added: Apr 1
Changed: Sep 2
Last Checked: Sep 2 at 12:06PM
MLS# 11684011
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes 2 hotel buildings with 71 units and a separate commercial retail building containing 3 rented units. One commercial unit operates as a restaurant. The hotel is currently operated on a weekly basis and reports 50% occupancy.
The improvements occupy a 2.59-acre site at 407 National Highway in Thomasville, North Carolina, with 43,335 square feet of property size. Construction includes stone and brick materials, while tile flooring and forced-air, hot-water, and electric heating systems are present. The reported current cap rate is 16%, with a 25% pro forma cap rate also provided.
The improvements occupy a 2.59-acre site at 407 National Highway in Thomasville, North Carolina, with 43,335 square feet of property size. Construction includes stone and brick materials, while tile flooring and forced-air, hot-water, and electric heating systems are present. The reported current cap rate is 16%, with a 25% pro forma cap rate also provided.
Key Highlights
- 71‑unit hotel operated on a weekly basis
- Two hotel buildings plus a separate commercial retail building
- Commercial building includes 3 rented units, including 1 restaurant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 20%
Electronics 2%
Family Dollar
Shops & Services
5,503 visits/mo
0.1 miles
Pantry
Shops & Services
4,847 visits/mo
0.1 miles
Sir Pizza
Dining
3,977 visits/mo
0.1 miles
Mobil
Shops & Services
3,068 visits/mo
0.2 miles
Pantry
Shops & Services
1,697 visits/mo
0.3 miles
Demographics for 27360, NC
47,165
Population
20,987
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
88.5 sq mi
ZIP Area
533
Density / Sq Mi
$60,898
Median Household Income
$40,029
Median Earnings
$853
Median Rent
$174,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two lodging buildings accompany a commercial structure with three rented units, including a restaurant.
Where is this hotel located?
The property is located at 407 National Highway Thomasville, NC.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 71‑unit hotel operated on a weekly basis; Two hotel buildings plus a separate commercial retail building; Commercial building includes 3 rented units, including 1 restaurant
