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    Property profile & analytics

    150 New Hampshire Ave Southern Pines, NC 28387-4807

    • Hotels
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $3,265,000
    Last Sale
    Sep 13, 2022
    $3,090,000
    Location Intelligence
    Property ID
    US53-5204257
    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

    • The Jefferson Inn / Hotel
    • Knickers Lingerie / Lingerie Store
    • 1901 Lounge / Bar
    • Millie's Mama Bakes Southern Pines / Bakery

    Property Details for 150 New Hampshire Ave

    Year built
    1985
    Lot size
    0.29 lot acres
    Zone code
    CB
    Property type
    Hotels
    Property subtype
    Motels
    APN
    96000501
    APU
    96000501

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,250,000
      6.5%
      $3,065,000
      7%
      $2,875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,635,000
      Geo Method
      $3,405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,540,000
      Retail
      $3,030,000
      Mixed-Use
      $3,585,000
      Hospitality
      $2,835,000
      Educational
      $3,030,000
      Residential Income
      $2,875,000
      Energy
      $3,925,000
      Income-Based Land
      $3,515,000
      Food Service
      $3,525,000

    Location Insight

    • Map
    • Local Demand
    City
    Southern Pines
    County
    Moore
    State
    North Carolina
    Longitude
    -79.3916
    Latitude
    35.1752
    CBSA code
    38240
    CBSA name
    PINEHURST-SOUTHERN PINES, NC MICROPOLITAN 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
    $19,107
    $386,120
    $2,611,090
    $2,997,210
    -
    $386,120
    $2,611,090
    $2,997,210

    Comparable in this City

    • Value Estimation by Request
      3.14 Acres

      1405 Us 1st S Hwy

      HOTEL/MOTEL • 3.14 Acres
      1405 Us 1st S Hwy, Southern Pines, NC 28387-6267
      View Details
    • Value Estimation
      $290,000
      5.50 Acres

      1010 Midland Rd

      HOTEL/MOTEL • 5.50 Acres
      1010 Midland Rd, Southern Pines, NC 28387-3122
      View Details
    • Value Estimation
      $465,000
      1.08 Acres

      205 Windstar Pl

      HOTEL/MOTEL • 1.08 Acres
      205 Windstar Pl, Southern Pines, NC 28387-7086
      View Details
    • Value Estimation by Request
      2.82 Acres

      408 Morganton Rd

      HOTEL/MOTEL • 2.82 Acres
      408 Morganton Rd, Southern Pines, NC 28387-5932
      View Details
    • Value Estimation by Request
      6.49 Acres

      805 Service Rd

      HOTEL/MOTEL • 6.49 Acres
      805 Service Rd, Southern Pines, NC 28387-5229
      View Details
    • Value Estimation
      $8,415,000
      2.11 Acres

      155 Partner Cir

      HOTEL/MOTEL • 2.11 Acres
      155 Partner Cir, Southern Pines, NC 28387-7043
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Downtown Southern Pines Retail Sublease

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      Downtown Southern Pines Office Space

      Individual office space in downtown Southern Pines, available immediately.
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      Prime Southern Pines Office & Retail Space

      Versatile Office/Retail, 4,377 SF Available
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    • $2,200 /Mo
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      Renovated Southern Pines Wellness Space

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    150 New Hampshire Ave
    Southern Pines, NC 28387-4807
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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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