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Property profile & analytics
OFF-MARKET
Estimated value
$4,385,000
Hotels
1020 Buck Jones Rd, Raleigh, NC 27606-3323
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-5747897
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Construction
FRAME
Total area
41,586 SF
Lot
2.13 ac (92,783 SF)
Zoning code
GC
APN
0773.11-65-7527 0229568
UPID
US53-5747897
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
-
MainStay Suites Raleigh - Cary Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.71M
CAP Approach
CAP
$4.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.39M
Owner & transaction history
301 Rtp Durham INC · 1 yrs held
301 Rtp Durham INC
since 2024
Last sale
$3.8M
3 recorded transactions
Zoning & alternative use
GC · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$4,685,000
ML approach
$4,705,000
CAP Approach
CAP Return
Estimation
6%
$5,390,000
6.5%
$4,975,000
7%
$4,620,000
Blend value · Realmo final
$4.39M
Range $3.95M – $4.82M · ±10% · vs last sale $3.78M (May 25 2021)
Last sale anchor
$3.78M
May 25 2021
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
$105 / 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
$51,257
Tax year 2023
Assessed value
$5,115,433
Assessed 2023
Previous assessed
$5,115,433
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,447,415
Assessed improvement
$3,668,018
Land market value
$1,447,415
Improvement market value
$3,668,018
Total market value
$5,115,433
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
1997
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
81
Total area
41,586 SF
Lot
2.13 ac (92,783 SF)
Zoning code
GC
APN
0773.11-65-7527 0229568
UPID
US53-5747897
Jurisdiction
WAKE
Zoning & alternative use
GC · Raleigh, NC
Zoning GC · permitted uses
GC · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
81
Lot
2.13 ac
Current owner
From public records · entity-resolved
301 Rtp Durham INC
Entity
Mailing address
3501 SW FAIRLAWN RD STE #20, TOPEKA, KS 66614-3975
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
$5,800,000
301 Rtp Durham INC
Gcms Lodging Partners LLC
Special Warranty Deed
$3,580,000 · Farmers & Mechanics Bank
May 25, 2021
$3,781,500
Gcms Lodging Partners LLC
Hpt Ihg 2 Properties Trust
Special Warranty Deed
$3,411,742 · Alliance Bank
Jan 9, 2004
$4,784,000
Hpt Cw Properties Trust
Candlewood Portfolio I LLC
Grant Deed
—
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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