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    Property profile & analytics

    201 Ashville Ave Cary, NC 27518-6677

    • Hotels
    • 62,487 SF
    • 2.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 12, 2024
    Location Intelligence
    Property ID
    US53-0675871
    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

    • Hampton Inn Raleigh/Cary / Hotel
    • Convenience store / Convenience Store

    Property Details for 201 Ashville Ave

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.15 lot acres
    Property size
    62,487 SF
    Zone code
    GCCU
    Property type
    Hotels
    Property subtype
    Motels
    APN
    0762.14-44-0005 0170596
    APU
    762144400050170596

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7843
    Latitude
    35.7393
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, 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
    $112,283
    $1,685,772
    $9,520,164
    $11,205,936
    -
    $1,685,772
    $9,520,164
    $11,205,936

    Comparable in this City

    • Value Estimation by Request
      86,070 SF

      5730 Dillard Dr

      HOTEL/MOTEL • 86,070 SF
      5730 Dillard Dr, Cary, NC 27518-9283
      View Details
    • Value Estimation by Request
      76,740 SF

      500 Caitboo Ave

      HOTEL/MOTEL • 76,740 SF
      500 Caitboo Ave, Cary, NC 27518-6991
      View Details
    • Value Estimation by Request
      93,450 SF

      131 Columbus Ave

      HOTEL/MOTEL • 93,450 SF
      131 Columbus Ave, Cary, NC 27518-6990
      View Details
    • Value Estimation
      $10,470,000
      71,955 SF

      191 Crescentcommons Dr

      HOTEL/MOTEL • 71,955 SF
      191 Crescentcommons Dr, Cary, NC 27518-2600
      View Details
    • Value Estimation
      $12,150,000
      66,606 SF

      5630 Dillard Dr

      HOTEL/MOTEL • 66,606 SF
      5630 Dillard Dr, Cary, NC 27518-9225
      View Details
    • Value Estimation
      $9,540,000
      31,899 SF

      1800 Walnut St

      HOTEL/MOTEL • 31,899 SF
      1800 Walnut St, Cary, NC 27518-9200
      View Details

    Similar Nearby for Sale

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      Move-in Ready Office Condo

      Well-maintained office condo ideal for professional or administrative use.
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      Cary Office Condo: Prime Location

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      47 SF

      Cary Mixed-Use Development Opportunity

      47.41 acres in Cary, NC, ideal for mixed-use development.
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    Similar Nearby for Lease

    • $35 SF/Yr
      91,227 SF

      Health Park I Medical Office Space

      Cary, NC medical office suites available.
      115 Kildaire Park Dr, Cary, NC 27518
      View Details
    • Contact for pricing
      33,490 SF

      Cary Retail Space: Prime Location

      High-visibility retail space in Cary, NC.
      2011 Walnut St, Cary, NC 27518
      View Details
    • Contact for pricing
      10,820 SF

      Mixed-Use Lifestyle Center in Cary

      207,000 SF mixed-use center with shopping and greenspace.
      575 New Waverly Pl, Cary, NC 27518
      View Details
    • Contact for pricing
      586,786 SF

      Crossroads Plaza Retail Center

      Cary, NC Power Center Opportunity
      1 & I-40 Us Hwy, Cary, NC 27518
      View Details
    • $22 SF/Yr
      12,000 SF

      Cary Medical Office Space for Lease

      1,836 SF Medical Office Suite Available
      301 Keisler Dr, Cary, NC 27518
      View Details
    • $34 SF/Yr
      62,464 SF

      Cary Medical Office Building

      Prime Cary location, 7,097 SF available
      300 Ashville Ave, Cary, NC 27518
      View Details

    Property Visit Statistics

    • Visits by month
      8.0k
    • Visitors by month
      3.1k
    • Avg Time on site
      441 min
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    201 Ashville Ave
    Cary, NC 27518-6677
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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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