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    Property profile & analytics

    1631 Fwy Dr Reidsville, NC 27320-7108

    • Hotels
    • 7,264 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US53-1635067
    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

    • ROYAL INN MOTEL / Motel / Hotel

    Property Details for 1631 Fwy Dr

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.88 lot acres
    Property size
    7,264 SF
    Zone code
    HWY BUS REIDSVILLE
    Property type
    Hotels
    Property subtype
    Motels
    APN
    7994-11-56-6751-00
    APU
    79941156675100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $340,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $340,000
      Mixed-Use
      $255,000
      Hospitality
      $300,000
      Educational
      $325,000
      Residential Income
      $335,000
      Energy
      $285,000
      Income-Based Land
      $295,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Reidsville
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.6938
    Latitude
    36.3492
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, 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
    2023
    $5,361
    $132,000
    $241,859
    $373,859
    -
    $132,000
    $241,859
    $373,859

    Comparable in this City

    • Value Estimation by Request
      38,765 SF

      101 Expy Dr

      HOTEL/MOTEL • 38,765 SF
      101 Expy Dr, Reidsville, NC 27320-9425
      View Details
    • Value Estimation
      $2,685,000
      44,815 SF

      2100 Barnes St

      HOTEL/MOTEL • 44,815 SF
      2100 Barnes St, Reidsville, NC 27320-8149
      View Details
    • Value Estimation
      $315,000
      1,484 SF

      1681 Us 29th Business

      HOTEL/MOTEL • 1,484 SF
      1681 Us 29th Business, Reidsville, NC 27320-8219
      View Details
    • Value Estimation
      $2,120,000
      19,255 SF

      2203 Barnes St

      HOTEL/MOTEL • 19,255 SF
      2203 Barnes St, Reidsville, NC 27320-8150
      View Details
    • Value Estimation
      $815,000
      15,800 SF

      2205 Barnes St

      HOTEL/MOTEL • 15,800 SF
      2205 Barnes St, Reidsville, NC 27320-8150
      View Details
    • Value Estimation
      $425,000
      6,327 SF

      1914 Fwy Dr

      HOTEL/MOTEL • 6,327 SF
      1914 Fwy Dr, Reidsville, NC 27320-7203
      View Details

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    Similar Nearby for Lease

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      Reidsville Office Space For Lease

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      Prime Commercial Land for Lease

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      View Details
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    Reidsville, NC 27320-7108
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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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