Property profile

110 Drexmere St Garner, NC 27529

OFF-MARKET
Hotels
Property ID
US53-0388229
34,676 SF 1.57 ac lot Built 1996
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1996
Construction CONCRETE BLOCKS
Total area 34,676 SF
Lot 1.57 ac (68,389 SF)
Zoning code CMX
APN 1701.07-67-3955 0215412
UPID US53-0388229

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Resort

Location

110 Drexmere St Garner, NC 27529-2531
Garner metro Census 54502 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.24M

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CMX · Garner, NC
Zoning description

This district is designed to accommodate general commercial, retail, and service activities that serve the whole community. Offices and very light industrial uses may also be appropriate depending on the context. This di…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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