Property profile

201 Ashville Ave Cary, NC 27518

OFF-MARKET
Hotels
Property ID
US53-0675871
62,487 SF 2.15 ac lot Built 1989
Entity Owned Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 62,487 SF
Lot 2.15 ac (93,654 SF)
Zoning code GCCU
APN 0762.14-44-0005 0170596
UPID US53-0675871

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
  • Grocery & Convenience Store

Location

201 Ashville Ave Cary, NC 27518-6677
Cary metro Census 53509 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$2.35M

Owner & transaction history

since 2026
7 recorded transactions
2026
$3.2M
2025
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
2015
$11.0M
2015
$3.2M

Zoning & alternative use

GCCU · 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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