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Property profile & analytics
OFF-MARKET
Estimated value
$3,075,000
Hotels
1707 Hillsborough St, Raleigh, NC 27605-1640
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-0903066
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1966
Construction
BRICK
Total area
127,528 SF
Lot
2.68 ac (116,741 SF)
Zoning code
OX-12
APN
1704.17-00-7572 0077891
UPID
US53-0903066
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
DoubleTree by Hilton Hotel Raleigh - Brownstone - University Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.08M
Owner & transaction history
Core Raleigh Cox LLC · 3 yrs held
Core Raleigh Cox LLC
since 2022
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
OX-12 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,165,000
ML approach
$3,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.08M
Range $2.77M – $3.38M · ±10% · vs last sale $2.80M (Jul 26 2022)
Last sale anchor
$2.80M
Jul 26 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$24 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$270,141
Tax year 2023
Assessed value
$21,785,566
Assessed 2023
Previous assessed
$21,785,566
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$7,007,962
Assessed improvement
$14,777,604
Land market value
$7,007,962
Improvement market value
$14,777,604
Total market value
$21,785,566
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1966
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
5
Units
172
Total area
127,528 SF
Lot
2.68 ac (116,741 SF)
Zoning code
OX-12
APN
1704.17-00-7572 0077891
UPID
US53-0903066
Jurisdiction
WAKE
Zoning & alternative use
OX-12 · Raleigh, NC
Zoning OX-12 · permitted uses
OX-12 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
5
Buildings
2
Units
172
Lot
2.68 ac
Current owner
From public records · entity-resolved
Core Raleigh Cox LLC
Entity
Mailing address
1643 N MILWAUKEE AVE APT #5, CHICAGO, IL 60647-5400
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
$42,000,000
Core Raleigh Cox LLC
Raleigh Hotel Associates LLC
Special Warranty Deed
$23,100,000 · Busey Bank
Jul 26, 2022
—
Core Raleigh Cox LLC
Raleigh Hotel Associates LLC
Intrafamily Transfer
related
—
Jul 27, 2018
—
Raleigh Hotel Associates LLC
—
Grant Deed
related
$23,500,000 · Metlife Com'l Mtg Originator L
Aug 1, 2013
—
Raleigh Hotel Associates LLC
Brownestone Partners LLC
Grant Deed
related
$15,600,000 · Cibc INC
—
—
Brownestone Partners LLC
—
Deed Of Trust
related
$8,000,000 · Premier Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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