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Property profile & analytics
OFF-MARKET
Estimated value
$12,425,000
Motels
4414 Durham Chapel Hl Blvd, Durham, NC 27707-2509
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1271879
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Total area
76,240 SF
Lot
2.96 ac (128,938 SF)
Zoning code
OI(D)
APN
139332
UPID
US53-1271879
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.58M
Blend (final)
Blend
$12.43M
Owner & transaction history
Tarheels Hospitality LLC · 2 yrs held
Tarheels Hospitality LLC
since 2023
Last sale
$12.5M
4 recorded transactions
Zoning & alternative use
OI(D) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$18.7M
+37.3%
Commercial (general)
$18.5M
+35.4%
Office building
$13.8M
+1.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,580,000
ML approach
$11,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$13,650,000
Current use
RETAIL STORES
$18,740,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$18,475,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$13,805,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,255,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$12.43M
Range $11.18M – $13.67M · ±10% · vs last sale $12.50M (Sep 11 2023)
Last sale anchor
$12.50M
Sep 11 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$92,201
Tax year 2024
Assessed value
$11,016,445
Assessed 2024
Previous assessed
$11,016,445
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$799,150
Assessed improvement
$10,217,295
Land market value
$799,150
Improvement market value
$10,217,295
Total market value
$11,016,445
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1998
Heating
FLOOR/WALL FURNACE
Cooling
YES
Stories
1
Total area
76,240 SF
Lot
2.96 ac (128,938 SF)
Zoning code
OI(D)
APN
139332
UPID
US53-1271879
Jurisdiction
DURHAM
Zoning & alternative use
OI(D) · Durham, NC
Zoning OI(D) · permitted uses
OI(D) · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$13.7M
RETAIL STORES
Est. value
$18.7M
COMMERCIAL (GENERAL)
Est. value
$18.5M
OFFICE BUILDING
Est. value
$13.8M
INDUSTRIAL (GENERAL)
Est. value
$13.3M
HOTEL/MOTEL Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
2.96 ac
Current owner
From public records · entity-resolved
Tarheels Hospitality LLC
Entity
Mailing address
4414 DURHAM CHAPEL HL BLVD STE D101, DURHAM, NC 27707-2509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
$12,500,000
Tarheels Hospitality LLC
Cavalier North Carolina LP
Special Warranty Deed
$5,000,000 · Gbank
Sep 11, 2023
—
Tarheels Hospitality LLC
—
Deed
related
$5,000,000 · Gbank
Mar 11, 2022
—
Cavalier North Carolina LP
Cpl Properties LLC
Special Warranty Deed
$1,040,200 · Bank Of Montreal
Mar 20, 2006
—
Bre Lq Properties LLC
La Quinta Properties INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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