Property profile

245 Eastwood Rd Wilmington, NC 28403

OFF-MARKET
Hotels
Property ID
US53-0521433
37,300 SF 3.56 ac lot Built 1998
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1998
Construction WOOD FRAME
Total area 37,300 SF
Lot 3.56 ac (155,074 SF)
Zoning code RB,REGIONAL BUSINESS
APN R05009-005-042-000
UPID US53-0521433

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 Vacation Rental

Location

245 Eastwood Rd Wilmington, NC 28403-0519
Wilmington metro Census 11701 WILMINGTON, 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
$2.72M
Blend (final) Blend
$3.23M

Owner & transaction history

since 2019
7 recorded transactions
2020
Price N/A
2019
$6.8M
2016
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RB,REGIONAL BUSINESS · Wilmington, 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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