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    Property profile & analytics

    1206 Cole Ml Rd Durham, NC 27705-2902

    • Motels
    • 130,550 SF
    • 4.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 19, 2020
    Location Intelligence
    Property ID
    US53-1293684
    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

    • EVPassport Charging Station / Electric Vehicle Charging Station
    • koskinen field / College
    • Hampton Inn & Suites Durham University Medical Center / Hotel
    • Home2 Suites By Hilton Durham University Medical Center / Hotel / Extended Stay Hotel

    Property Details for 1206 Cole Ml Rd

    Year built
    1960
    Lot size
    4.07 lot acres
    Property size
    130,550 SF
    Zone code
    I
    Property type
    Motels
    APN
    124861
    APU
    124861

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9525
    Latitude
    36.0237
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, 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
    2024
    $251,427
    $1,267,500
    $16,757,245
    $18,024,745
    -
    $1,267,500
    $16,757,245
    $18,024,745

    Comparable in this City

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      3710 Hillsborough Rd

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      86,940 SF

      2102 Main St

      MOTEL • 86,940 SF
      2102 Main St, Durham, NC 27705-4629
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      60,490 SF

      3460 Hillsborough Rd

      MOTEL • 60,490 SF
      3460 Hillsborough Rd, Durham, NC 27705-3009
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      79,947 SF

      2800 Erwin Rd

      MOTEL • 79,947 SF
      2800 Erwin Rd, Durham, NC 27705-4502
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    • Value Estimation by Request
      67,604 SF

      1815 Frnt St

      MOTEL • 67,604 SF
      1815 Frnt St, Durham, NC 27705-2512
      View Details

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    Property Visit Statistics

    • Visits by month
      5.2k
    • Visitors by month
      4.0k
    • Avg Time on site
      333 min
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    1206 Cole Ml Rd
    Durham, NC 27705-2902
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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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