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    Property profile & analytics

    1128 Ledsome Ln Cary, NC 27511-5977

    • Hotels
    • 83,406 SF
    • 2.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3866433
    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

    • Apex / Housing Development
    • 1128 Ledsome Lane Parking / Parking Lot
    • SpringHill Suites Raleigh Cary / Hotel / Meeting Planning Service

    Property Details for 1128 Ledsome Ln

    Year built
    2013
    Construction
    BRICK
    Lot size
    2.32 lot acres
    Property size
    83,406 SF
    Zone code
    GC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    0773.18-42-4297 0412243
    APU
    773184242970412243

    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
    -78.7489
    Latitude
    35.7618
    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
    $130,648
    $1,079,310
    $11,959,376
    $13,038,686
    -
    $1,079,310
    $11,959,376
    $13,038,686

    Comparable in this City

    • 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
      59,531 SF

      1120 Ledsome Ln

      HOTEL/MOTEL • 59,531 SF
      1120 Ledsome Ln, Cary, NC 27511-5977
      View Details
    • Value Estimation by Request
      1,470 SF

      130 Cedar St

      HOTEL/MOTEL • 1,470 SF
      130 Cedar St, Cary, NC 27511
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    • 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
      $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
      1.91 Acres

      Winston Hill Dr

      Land • 1.91 Acres
      0 Winston Hill Dr, Cary, NC 27511
      View Details

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    Similar Nearby for Lease

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      Prime office spaces in a convenient, central Cary location.
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      Endcap retail space with patio, near major retailers and apartments.
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    • $23 SF/Yr
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      Class A Office Space Available

      Class A office space for lease near MacGregor Village.
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    Property Visit Statistics

    • Visits by month
      13.1k
    • Visitors by month
      4.3k
    • Avg Time on site
      421 min
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    1128 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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