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    202 Cardinal Dr Hillsborough, NC 27278-2176

    • Hotels
    • 42,250 SF
    • 4.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0335174
    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

    • Universal EV Charging Station / Electric Vehicle Charging Station
    • Holiday Inn Express Hillsborough (Durham Area), an IHG Hotel / Hotel / Conference Center

    Property Details for 202 Cardinal Dr

    Year built
    1996
    Lot size
    4.25 lot acres
    Property size
    42,250 SF
    Zone code
    HI
    Property type
    Hotels
    Property subtype
    Motels
    APN
    9863-89-2477
    APU
    9863892477

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillsborough
    County
    Orange
    State
    North Carolina
    Longitude
    -79.107
    Latitude
    36.0566
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, 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
    $80,791
    $1,377,000
    $3,278,200
    $4,655,200
    -
    $1,377,000
    $3,278,200
    $4,655,200

    Comparable in this City

    • Value Estimation by Request
      10,824 SF

      153 King St

      HOTEL/MOTEL • 10,824 SF
      153 King St, Hillsborough, NC 27278-2543
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    • Value Estimation by Request
      27,608 SF

      120 Old Dogwood St

      HOTEL/MOTEL • 27,608 SF
      120 Old Dogwood St, Hillsborough, NC 27278-2646
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    • Value Estimation by Request
      4.80 Acres

      Old Nc 86 Hwy

      Land • 4.80 Acres
      0 Old Nc 86 Hwy, Hillsborough, NC 27278
      View Details
    • Value Estimation by Request
      20.23 Acres

      2601 Myrtle Ln

      Land • 20.23 Acres
      2601 Myrtle Ln, Hillsborough, NC 27278
      View Details
    • Value Estimation by Request
      1.79 Acres

      Hillsborough, NC 27278

      INDUSTRIAL - VACANT LAND • 1.79 Acres
      Hillsborough, NC 27278
      View Details
    • Value Estimation by Request
      0.51 Acres

      Hillsborough, NC 27278

      COMMERCIAL (GENERAL) • 0.51 Acres
      Hillsborough, NC 27278
      View Details

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    Similar Nearby for Lease

    • $24 SF/Yr
      6,290 SF

      Hillsborough Executive Office Suite

      1,140 SF Office Space Available Now
      1000 Corporate Dr, Hillsborough, NC 27278
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    • Contact for pricing
      60,984 SF

      Hillsborough Commercial Land Lease

      1.4-Acre Commercial Lot, I-85 Access
      111 Cardinal Dr, Hillsborough, NC 27278
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      1.1k
    • Avg Time on site
      527 min
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    202 Cardinal Dr
    Hillsborough, NC 27278-2176
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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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