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Property profile & analytics
OFF-MARKET Estimated value $4,580,000
Hotels

3212 Memorial Dr Greenville, NC 27834-6719

50,967 SF 4.49 ac lot Built 1998
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US53-2066857
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,967 SF
Lot 4.49 ac (195,584 SF)
Zoning code CH
APN 17820
UPID US53-2066857
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wingate by Wyndham Greenville Hotel & Motel
  • Comfort Inn & Suites Greenville Near Convention Center Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.71M
CAP Approach CAP
$3.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.58M
Owner & transaction history
Shri Hari Carolina LLC · 4 yrs held
Shri Hari Carolina LLC
since 2022
Last sale
$5.9M
3 recorded transactions
2022
$5.9M
2016
$3.5M
2005
$4.3M
Zoning & alternative use
CH · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

zoning district other than CH (Heavy Commercial), IU (Unoffensive Industry) and I (Industry) Zoning Districts, the City may require removal or relocation of the sign in accordance with this Section and applicable state law. (D) All support structure(s) shall be painted in a neutral color to blend with the surrounding area. (E) All off-premises advertising si…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 1,691.16 ac
Source Final UDO for public
Top alternative use upside
Auto repair, garage $4.2M +505.1%
Commercial (general) $4.2M +496.7%
Apartment house (5+ units) $4.0M +470.5%
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