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    Property profile & analytics

    1120 Ledsome Ln Cary, NC 27511-5977

    • Hotels
    • 59,531 SF
    • 2.39 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3951020
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fairfield Inn & Suites Raleigh Cary / Meeting Planning Service / Wedding Venue

    Property Details for 1120 Ledsome Ln

    Year built
    2016
    Construction
    BRICK
    Lot size
    2.39 lot acres
    Property size
    59,531 SF
    Zone code
    GC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    0773.14-42-5590 0412397
    APU
    773144255900412397

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7486
    Latitude
    35.7624
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $96,121
    $1,111,873
    $8,481,006
    $9,592,879
    -
    $1,111,873
    $8,481,006
    $9,592,879

    Comparable in this City

    • Value Estimation by Request
      83,406 SF

      1128 Ledsome Ln

      HOTEL/MOTEL • 83,406 SF
      1128 Ledsome Ln, Cary, NC 27511-5977
      View Details
    • Value Estimation by Request
      12,770 SF

      100 Macalyson Ct

      HOTEL/MOTEL • 12,770 SF
      100 Macalyson Ct, Cary, NC 27511-7912
      View Details
    • Value Estimation by Request
      4,978 SF

      102 Edinburgh S Dr

      HOTEL/MOTEL • 4,978 SF
      102 Edinburgh S Dr, Cary, NC 27511-6481
      View Details
    • Value Estimation by Request
      1,470 SF

      130 Cedar St

      HOTEL/MOTEL • 1,470 SF
      130 Cedar St, Cary, NC 27511
      View Details
    • Value Estimation
      $1,420,000
      42,469 SF

      301 Academy St

      HOTEL • 42,469 SF
      301 Academy St, Cary, NC 27511-3345
      View Details
    • Value Estimation by Request
      102,000 SF

      352 Walker St

      Retail properties • 102,000 SF
      352 Walker St, Cary, NC 27511
      View Details

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    Similar Nearby for Lease

    • $425 /Mo
      400 SF

      Olde Cary Executive Office Suites

      Prime office spaces in a convenient, central Cary location.
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      15,000 SF

      Retail Space with Patio

      Endcap retail space with patio, near major retailers and apartments.
      1005 Portrait Dr | Cary, Cary, NC 27511
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    • $21 SF/Yr
      15,512 SF

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      Modern medical office suites in prime Cary location.
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      1 SF

      Two-Story Office Space Available

      1,015 SF office space for lease in Cary, NC.
      111 Adams St, Cary, NC 27511
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    • $23 SF/Yr
      25,012 SF

      Class A Office Space Available

      Class A office space for lease near MacGregor Village.
      114 Edinburgh South Dr, Cary, NC 27511
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    • $37 SF/Yr
      50,922 SF

      Offices at Fenton: Premier Workspace

      Modern office spaces in a vibrant, mixed-use development.
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    Property Visit Statistics

    • Visits by month
      10.0k
    • Visitors by month
      3.7k
    • Avg Time on site
      400 min
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    1120 Ledsome Ln
    Cary, NC 27511-5977
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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