Property profile

301 Academy St Cary, NC 27511

OFF-MARKET
Hotels
Property ID
US53-1605548
42,469 SF 0.52 ac lot Built 2015
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2015
Construction BRICK
Total area 42,469 SF
Lot 0.52 ac (22,651 SF)
Zoning code GCP
APN 0764.19-50-0635 0070297
UPID US53-1605548

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
  • Electric Vehicle Charging Station
  • Artist
  • Association / Organization
  • Restaurant

Location

301 Academy St Cary, NC 27511-3345
Cary metro Census 53517 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
$814k
Blend (final) Blend
$1.62M

Owner & transaction history

since 2020
Last sale
$1.1M
7 recorded transactions
2024
Price N/A
2020
Price N/A
2018
Price N/A
2014
Price N/A
2014
Price N/A
2012
$1.1M
1971
Price N/A

Zoning & alternative use

GCP · 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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