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    Property profile & analytics

    2539 Saunders St Raleigh, NC 27603-2843

    • Hotels
    • 29,031 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    $4,925,000
    Last Sale
    Jun 02, 2021
    $4,275,000
    Location Intelligence
    Property ID
    US53-0353453
    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

    • Quality Inn Raleigh Downtown / Hotel

    Property Details for 2539 Saunders St

    Year built
    2008
    Construction
    BRICK
    Lot size
    0.99 lot acres
    Property size
    29,031 SF
    Zone code
    CX-3
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1702.06-48-3056 0286148
    APU
    1702064830560286148

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,505,000
      6.5%
      $4,200,000
      7%
      $4,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,710,000
      Geo Method
      $4,390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,700,000
      Retail
      $3,740,000
      Mixed-Use
      $3,980,000
      Hospitality
      $4,430,000
      Educational
      $4,500,000
      Residential Income
      $4,400,000
      Energy
      $4,375,000
      Income-Based Land
      $3,735,000
      Food Service
      $4,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6483
    Latitude
    35.75
    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
    $47,841
    $516,194
    $3,872,932
    $4,389,126
    -
    $516,194
    $3,872,932
    $4,389,126

    Comparable in this City

    • Value Estimation
      $405,000
      9,978 SF

      2639 Saunders St

      HOTEL/MOTEL • 9,978 SF
      2639 Saunders St, Raleigh, NC 27603-2839
      View Details
    • Value Estimation by Request
      63,580 SF

      1813 Saunders St

      HOTEL/MOTEL • 63,580 SF
      1813 Saunders St, Raleigh, NC 27603-2315
      View Details
    • Value Estimation by Request
      78,430 SF

      510 Johnson St

      HOTEL/MOTEL • 78,430 SF
      510 Johnson St, Raleigh, NC 27603-1226
      View Details
    • Value Estimation
      $5,000,000
      25,599 SF

      2501 Saunders St

      HOTEL/MOTEL • 25,599 SF
      2501 Saunders St, Raleigh, NC 27603-2843
      View Details
    • Value Estimation by Request
      9,780 SF

      308 Boylan Ave

      HOTEL/MOTEL • 9,780 SF
      308 Boylan Ave, Raleigh, NC 27603-1908
      View Details
    • Value Estimation
      $6,355,000
      43,647 SF

      3901 Wilmington St

      HOTEL/MOTEL • 43,647 SF
      3901 Wilmington St, Raleigh, NC 27603-3601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.37 Acres

      Prime Raleigh Retail Space

      High-traffic location, ideal for salon use.
      3200 Wilmington St, Raleigh, NC 27603
      View Details
    • $625,000
      2.30 Acres

      Land with Highway Frontage

      2.3 acre commercial land with potential for rezoning.
      6621 Fayetteville Rd, Raleigh, NC 27603
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    • $79,900
      0.33 Acres

      Vacant Lot in Raleigh

      One-third acre vacant lot with hardwood trees in Raleigh.
      7805 Crestwood Dr, Raleigh, NC 27603
      View Details
    • $85,000
      0.57 Acres

      Residential Land in Raleigh, NC

      0.57 acre lot with easy commute to Raleigh and Garner.
      721 Grovemont Rd, Raleigh, NC 27603
      View Details
    • $2,400,000
      10.00 Acres

      Raleigh Land Parcel with Potential

      10+/- acre parcel suitable for residential, commercial, or special use.
      408 Johnston Rd, Raleigh, NC 27603
      View Details
    • $250,000
      0.04 Acres

      Ready-to-Build Lot in Raleigh

      Homesite in urban neighborhood near Downtown South District.
      Ellen Dawson Way, Raleigh, NC 27603
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      34,290 SF

      Downtown Raleigh Office Space

      Class A Office Suites, Flexible Sizes
      223 West St, Raleigh, NC 27603
      View Details
    • $17 SF/Yr
      12,000 SF

      Raleigh Flex/Warehouse Space Available

      12,000 SF Industrial Space for Lease
      3101 Garner Station Blvd, Raleigh, NC 27603
      View Details
    • Contact for pricing
      10,024 SF

      Raleigh Executive Office Suites

      Prime Raleigh Office Space Available
      743 Johnson St, Raleigh, NC 27603
      View Details
    • $33 SF/Yr
      79,588 SF

      Frontier Plaza: Raleigh Retail Space

      High-visibility retail space in prime Raleigh location.
      3900 Fayetteville Rd, Raleigh, NC 27603
      View Details
    • $17 SF/Yr
      2,500 SF

      Raleigh Flex/Industrial Space Available

      Flex/industrial space available for lease in Raleigh, North Carolina.
      2204-2208 Associate Dr, Raleigh, NC 27603
      View Details
    • $22 SF/Yr
      12,000 SF

      South Raleigh Flex Space Available

      Flex space in South Raleigh with showroom and warehouse.
      201 Tryon Rd, Raleigh, NC 27603
      View Details
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    2539 Saunders St
    Raleigh, NC 27603-2843
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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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