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    Property profile & analytics

    1522 Andrews Rd Murphy, NC 28906-5113

    • Motels
    • 22,596 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $2,660,000
    Last Sale
    Apr 03, 2024
    $2,665,000
    Location Intelligence
    Property ID
    US53-4883949
    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

    • Motels

    Property Details for 1522 Andrews Rd

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.73 lot acres
    Property size
    22,596 SF
    Zone code
    HB
    Property type
    Motels
    APN
    550303225287000
    APU
    550303225287000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,665,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,425,000
      6.5%
      $2,695,000
      7%
      $2,615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,285,000
      Geo Method
      $2,780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,530,000
      Retail
      $2,340,000
      Mixed-Use
      $2,660,000
      Hospitality
      $2,850,000
      Educational
      $3,120,000
      Residential Income
      $2,405,000
      Energy
      $3,095,000
      Income-Based Land
      $2,680,000
      Food Service
      $3,025,000

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -84.009
    Latitude
    35.1086

    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
    0
    $0.00
    $0.00
    $0.00
    $1,516,890
    -
    $617,000
    $899,890
    $1,516,890

    Comparable in this City

    • Value Estimation by Request
      31,949 SF

      1550 Andrews Rd

      HOTEL/MOTEL • 31,949 SF
      1550 Andrews Rd, Murphy, NC 28906-5113
      View Details
    • Value Estimation
      $4,890,000
      34,057 SF

      130 Holiday Dr

      HOTEL/MOTEL • 34,057 SF
      130 Holiday Dr, Murphy, NC 28906-8111
      View Details
    • Value Estimation
      $920,000
      5,182 SF

      691 Andrews Rd

      MOTEL • 5,182 SF
      691 Andrews Rd, Murphy, NC 28906-3506
      View Details
    • Value Estimation by Request
      20,502 SF

      754 Us Hwy 64

      MOTEL • 20,502 SF
      754 Us Hwy 64, Murphy, NC 28906-8115
      View Details
    • Value Estimation by Request
      5,976 SF

      8950 Us Hwy 64

      MOTEL • 5,976 SF
      8950 Us Hwy 64, Murphy, NC 28906-4200
      View Details
    • Value Estimation by Request
      6,306 SF

      199 Vly Riv Ave

      MOTEL • 6,306 SF
      199 Vly Riv Ave, Murphy, NC 28906-2918
      View Details

    Similar Nearby for Sale

    • $725,000
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      2.7-acre land with river frontage, metal building, and utilities.
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      View Details
    • $675,000

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      Active 7-room hotel on nearly 6 unrestricted acres.
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    • $725,000
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      Notley Riverfront Campground Opportunity

      Campground property with river frontage, metal building, and utilities.
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    • $650,000

      Unrestricted Land with Creek Frontage

      96.84 acres with creek, suitable for RV park/campground.
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      Notley Riverfront Campground Opportunity

      2.7 acres with river frontage, utilities, and metal building.
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    Similar Nearby for Lease

    • $10 SF/Yr
      14,520 SF

      Murphy NC Commercial Space

      Prime Retail/Office Space Available
      1142 Us-64, Murphy, NC 28906
      View Details
    • Contact for pricing
      2,140 SF

      Retail Space Near Walmart

      Retail space in Murphy Plaza, anchored by Walmart.
      2320 Us 19, Murphy, NC 28906
      View Details

    Property Visit Statistics

    • Visits by month
      26.5k
    • Visitors by month
      15.5k
    • Avg Time on site
      13 min
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    1522 Andrews Rd
    Murphy, NC 28906-5113
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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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