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    Property profile & analytics

    3105 Tower Blvd Durham, NC 27707-2556

    • Motels
    • 40,050 SF
    • 3.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1329356
    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

    • Extended Stay America Select Suites - Durham - University / Extended Stay Hotel

    Property Details for 3105 Tower Blvd

    Year built
    1997
    Lot size
    3.73 lot acres
    Property size
    40,050 SF
    Zone code
    OI(D)
    Property type
    Motels
    APN
    121529
    APU
    121529

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9575
    Latitude
    35.9719
    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
    2024
    $49,445
    $827,225
    $2,717,487
    $3,544,712
    -
    $827,225
    $2,717,487
    $3,544,712

    Comparable in this City

    • Value Estimation by Request
      72,941 SF

      3600 Mt Moriah Rd

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    • Value Estimation
      $9,385,000
      50,594 SF

      1920 Ivy Crk Blvd

      MOTEL • 50,594 SF
      1920 Ivy Crk Blvd, Durham, NC 27707-3455
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    • Value Estimation by Request
      76,240 SF

      4414 Durham Chapel Hl Blvd

      MOTEL • 76,240 SF
      4414 Durham Chapel Hl Blvd, Durham, NC 27707-2509
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      85,188 SF

      5310 Mcfarland Rd

      MOTEL • 85,188 SF
      5310 Mcfarland Rd, Durham, NC 27707-6831
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    • Value Estimation by Request
      64,158 SF

      3305 Watkins Rd

      MOTEL • 64,158 SF
      3305 Watkins Rd, Durham, NC 27707-3350
      View Details
    • Value Estimation by Request
      68,404 SF

      3704 Mt Moriah Rd

      MOTEL • 68,404 SF
      3704 Mt Moriah Rd, Durham, NC 27707-9029
      View Details

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    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      678
    • Avg Time on site
      687 min
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    Durham, NC 27707-2556
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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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