Property profile

217 Raleigh Ave Carolina Beach, NC 28428

OFF-MARKET
Hotels
Property ID
US53-2141777
849 SF 0.12 ac lot Built 1950
Individually Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1950
Total area 849 SF
Lot 0.12 ac (5,053 SF)
Zoning code MX
APN R09006-019-015-000
UPID US53-2141777

Cap rate & NOI

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

Location

217 Raleigh Ave Carolina Beach, NC 28428-4904
Carolina Beach metro Census 12202 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

MX · Carolina Beach, NC
Zoning description

This district is established to provide for an area of transitional land uses between intensified use districts or elements and residential districts. This district includes an area of mixed land uses between the intensi…

General category MIXED_USE

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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