Property profile

1200 Hurricane Aly Way Raleigh, NC 27607

OFF-MARKET
Hotels
Property ID
US53-1803871
56,294 SF 4.06 ac lot Built 2001
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2001
Construction BRICK
Total area 56,294 SF
Lot 4.06 ac (176,854 SF)
Zoning code IX-3
APN 0784.09-15-4306 0229519
UPID US53-1803871

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

1200 Hurricane Aly Way Raleigh, NC 27607-3626
Raleigh metro Census 52401 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.99M

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IX-3 · Raleigh, NC
Zoning description

The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities

General category MIXED_USE

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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