71-Unit Hotel With Retail
For Sale
$2,000,000
Pending
407 National Highway, Thomasville, NC 27360
COMMERCIAL - Thomasville, NC
Property Size43,335 SF
Lot Size2.59 Acres
Days on Market140
Property Features for 407 National Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
53
Full bathrooms
53
Rooms
Bathroom 6, Bathroom 2, Bathroom 5, Bathroom 49, Bathroom 20, Bathroom 9, Bathroom 21, Bathroom 34, Bathroom 37, Bathroom 15, Bathroom 47, Bathroom 52, Bathroom 32, Bathroom 40, Bathroom 7, Bathroom 25, Bathroom 39, Bathroom 18, Bathroom 10, Bathroom 4, Bathroom 35, Bathroom 19, Bathroom 16, Bathroom 41, Bathroom 23, Bathroom 22, Bathroom 3, Bathroom 53, Bathroom 29, Bathroom 51, Bathroom 24, Bathroom 11, Bathroom 14, Bathroom 50, Bathroom 17, Bathroom 1, Bathroom 8, Bathroom 36, Bathroom 26, Bathroom 43, Bathroom 12, Bathroom 46, Bathroom 48, Bathroom 38, Bathroom 28, Bathroom 33, Bathroom 31, Bathroom 13, Bathroom 45, Bathroom 44, Bathroom 27, Bathroom 30, Bathroom 42
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
Electric (Heating), Forced Air, Hot Water(Heating)
Building Details
Flooring type
Tile
Building materials
Stone, Brick
Listing Agency:
ARC REAL ESTATE LLC
(336) 210-6291
Listed By:
Andre Cobbs · License #306940
(336) 210-6291
Added: Apr 1
Changed: Aug 17
Last Checked: Aug 18 at 1:06PM
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.
This 43,335-square-foot hospitality property spans 2.59 acres and includes two hotel buildings with 71 units. The lodging operation currently runs on a weekly basis and reports 50% occupancy. A separate commercial building adds three rented units, including one restaurant, creating a combination of hotel and retail uses within the same property. Construction incorporates stone and brick, while interior finishes include tile flooring. Heating systems include electric, forced air, and hot water equipment.
Located at 407 National Highway in Thomasville, North Carolina, the property is offered with a reported current 16% cap rate and a 25% pro forma cap rate. The commercial component and existing lodging operation provide distinct physical elements for evaluating the asset as a hospitality property with additional retail space.
Located at 407 National Highway in Thomasville, North Carolina, the property is offered with a reported current 16% cap rate and a 25% pro forma cap rate. The commercial component and existing lodging operation provide distinct physical elements for evaluating the asset as a hospitality property with additional retail space.
Key Highlights
- 71‑unit hotel operated on a weekly basis
- Two hotel buildings plus one commercial retail building
- 43,335 square feet on 2.59 acres
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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 - The property combines weekly hotel operations with a commercial building containing three rented units.
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 one commercial retail building; 43,335 square feet on 2.59 acres
