Property profile

191 Crescentcommons Dr Cary, NC 27518

OFF-MARKET
Hotels
Property ID
US53-1032089
71,955 SF 3.14 ac lot Built 1997
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 71,955 SF
Lot 3.14 ac (136,778 SF)
Zoning code GCP
APN 0762.14-42-2627 0224405
UPID US53-1032089

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

191 Crescentcommons Dr Cary, NC 27518-2600
Cary metro Census 53405 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.00M
Blend (final) Blend
$10.01M

Owner & transaction history

since 2023
Last sale
$10.5M
7 recorded transactions
2023
$10.5M
2023
Price N/A
2023
Price N/A
2022
Price N/A
2018
Price N/A
2007
Price N/A
2006
Price N/A

Zoning & alternative use

GCP · Cary, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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