Property profile

1105 Navaho Dr Raleigh, NC 27609

OFF-MARKET
Motels
Property ID
US53-1542688
73,892 SF 2.87 ac lot Built 1998
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 73,892 SF
Lot 2.87 ac (125,017 SF)
Zoning code CX-7
APN 1715.09-26-1895 0237297
UPID US53-1542688

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
  • Real Estate Agency

Location

1105 Navaho Dr Raleigh, NC 27609-7312
Raleigh metro Census 52701 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.39M
Blend (final) Blend
$15.35M

Owner & transaction history

since 2022
Last sale
$18.0M
4 recorded transactions
2022
$18.0M
2018
$12.9M
2014
$9.8M
2004
$8.0M

Zoning & alternative use

CX-7 · Raleigh, NC
Zoning description

The CX-7 is intended to provide for a variety of residential, retail, service andcommercial uses

General category MIXED_USE
Top alternative use upside
Commercial (general) $24.0M +55.9%
Auto repair, garage $21.8M +41.7%
Medical building $18.3M +19.1%

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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