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    Property profile & analytics

    142 Cleveland Xing Dr Garner, NC 27529-7790

    • Hotels
    • 50,752 SF
    • 2.11 lot acres
    OFF-MARKET
    Value Estimation
    $1,240,000
    Location Intelligence
    Property ID
    US53-1292096
    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

    • WoodSpring Suites Raleigh Garner / Hotel / Extended Stay Hotel

    Property Details for 142 Cleveland Xing Dr

    Year built
    2009
    Lot size
    2.11 lot acres
    Property size
    50,752 SF
    Zone code
    COM
    Property type
    Hotels
    Property subtype
    Motels
    APN
    06E02008J
    APU
    06E02008J

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,305,000
      6.5%
      $1,150,000
      7%
      $1,175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,310,000
      Geo Method
      $1,295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,200,000
      Retail
      $1,225,000
      Mixed-Use
      $1,145,000
      Hospitality
      $1,525,000
      Educational
      $1,560,000
      Residential Income
      $1,265,000
      Energy
      $1,155,000
      Income-Based Land
      $1,380,000
      Food Service
      $1,160,000

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.5615
    Latitude
    35.6062
    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
    2024
    $30,133
    $541,890
    $3,178,270
    $3,720,160
    -
    $541,890
    $3,178,270
    $3,720,160

    Comparable in this City

    • Value Estimation by Request
      35,710 SF

      105 Leone Ct

      HOTEL/MOTEL • 35,710 SF
      105 Leone Ct, Garner, NC 27529-8475
      View Details
    • Value Estimation by Request
      34,676 SF

      110 Drexmere St

      HOTEL/MOTEL • 34,676 SF
      110 Drexmere St, Garner, NC 27529-2531
      View Details
    • Value Estimation
      $1,260,000
      35,350 SF

      126 Cleveland Xing Dr

      HOTEL/MOTEL • 35,350 SF
      126 Cleveland Xing Dr, Garner, NC 27529-7790
      View Details
    • Value Estimation by Request
      24,980 SF

      1602 Mechanical Blvd

      HOTEL/MOTEL • 24,980 SF
      1602 Mechanical Blvd, Garner, NC 27529-2535
      View Details
    • Value Estimation
      $390,000
      35,438 SF

      105 Commerce Pkwy

      HOTEL/MOTEL • 35,438 SF
      105 Commerce Pkwy, Garner, NC 27529-7924
      View Details
    • Value Estimation by Request
      53,471 SF

      565 Us 70th E Hwy

      HOTEL/MOTEL • 53,471 SF
      565 Us 70th E Hwy, Garner, NC 27529-4046
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      High-visibility NC Hwy 42 location.
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    Similar Nearby for Lease

    • Contact for pricing
      81,000 SF

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      Prime Garner location, 81,000 sqft, 2,754 sqft available.
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      Garner, NC Commercial Land Opportunity

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    • $1,000 /Mo
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      Office Space Near Highway 70

      Office space with excellent visibility near shopping and dining.
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      View Details
    • Contact for pricing
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      Infill warehouse space with outdoor storage near I-40.
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    • Contact for pricing
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      Modern industrial space, flexible layouts available.
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      View Details
    • $13 SF/Yr
      26,000 SF

      Garner Flex Space: 26,000 SF

      Class A Flex Space in Greenfield Park
      3201 Waterfield Dr, Garner, NC 27529
      View Details
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    Garner, NC 27529-7790
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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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