Property profile

1120 Ledsome Ln Cary, NC 27511

OFF-MARKET
Hotels
Property ID
US53-3951020
59,531 SF 2.39 ac lot Built 2016
Entity Owned 11-yr Hold
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2016
Construction BRICK
Total area 59,531 SF
Lot 2.39 ac (104,108 SF)
Zoning code GC
APN 0773.14-42-5590 0412397
UPID US53-3951020

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

Location

1120 Ledsome Ln Cary, NC 27511-5977
Cary metro Census 53505 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
$2.15M

Owner & transaction history

since 2014
3 recorded transactions
2019
Price N/A
2014
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Cary, NC
Zoning description

(J) GC: General Commercial District (K) CT: Walnut Street Corridor Transitional District (L) ORD: Office/Research and Development District (M) I: Industrial District (N) TC: Town Center District 4.3 CONDITIONAL USE DISTR…

General category COMMERCIAL

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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