Property profile

1200 Claren Cir Morrisville, NC 27560

OFF-MARKET
Hotels
Property ID
US53-1120125
71,395 SF 3.19 ac lot Built 2009
Entity Owned 19-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2009
Construction BRICK
Total area 71,395 SF
Lot 3.19 ac (138,956 SF)
Zoning code CC
APN 0756.01-26-4167 0311443
UPID US53-1120125

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
  • Restaurant
  • Hotel & Motel
  • Freight Service Logistics Company

Location

1200 Claren Cir Morrisville, NC 27560-9743
Morrisville metro Census 53609 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
$2.52M

Owner & transaction history

since 2006
7 recorded transactions
2024
Price N/A
2020
Price N/A
2018
Price N/A
2006
$750,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Morrisville, NC
Zoning description

The Corridor Commercial District along the Towns primary transportation corridors and gateways accommodates retail, office and service, small scale business park, institutional, cultural and public, and entertainment dev…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1200 Claren Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message