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Property profile & analytics
OFF-MARKET
Estimated value
$6,595,000
Motels
5208 Page Rd, Durham, NC 27703-8479
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0901136
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2001
Total area
33,386 SF
Lot
1.55 ac (67,518 SF)
Zoning code
IL
APN
157936
UPID
US53-0901136
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
$6.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.68M
Blend (final)
Blend
$6.60M
Owner & transaction history
Ssh Of Nc LLC · 4 yrs held
Ssh Of Nc LLC
since 2021
Last sale
$6.4M
5 recorded transactions
Zoning & alternative use
IL · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.7M
+62.9%
Apartment house (5+ units)
$8.9M
+49.0%
Retail stores
$8.2M
+37.3%
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
$6,855,000
ML approach
$6,690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,975,000
Current use
AUTO REPAIR, GARAGE
$9,735,000
Change: +63% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,905,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$8,205,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,115,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$7,625,000
Change: +28% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,805,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$6.60M
Range $5.94M – $7.25M · ±10% · vs last sale $6.38M (Oct 19 2021)
Last sale anchor
$6.38M
Oct 19 2021
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
$198 / 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
$63,270
Tax year 2024
Assessed value
$4,535,811
Assessed 2024
Previous assessed
$4,535,811
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$957,375
Assessed improvement
$3,578,436
Land market value
$957,375
Improvement market value
$3,578,436
Total market value
$4,535,811
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
2001
Heating
FLOOR/WALL FURNACE
Cooling
YES
Stories
4
Total area
33,386 SF
Lot
1.55 ac (67,518 SF)
Zoning code
IL
APN
157936
UPID
US53-0901136
Jurisdiction
DURHAM
Zoning & alternative use
IL · Durham, NC
Zoning IL · permitted uses
IL · 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
$6.0M
AUTO REPAIR, GARAGE
Est. value
$9.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.9M
RETAIL STORES
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$8.1M
OFFICE BUILDING
Est. value
$7.6M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2001
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
4
Lot
1.55 ac
Current owner
From public records · entity-resolved
Ssh Of Nc LLC
Entity
Mailing address
5208 PAGE RD, DURHAM, NC 27703-8479
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2021
$6,376,000
Ssh Of Nc LLC
Shri Hotels LLC
Special Warranty Deed
$4,725,000 · Peoples Bank
Oct 7, 2019
—
Shri Hotels LLC
—
Deed
related
$5,000,000 · Peoples Bank
Dec 15, 2017
—
Shri Hotels LLC
—
Deed
related
$3,910,100 · Peoples Bank
Mar 28, 2017
$4,750,000
Shri Hotels LLC
R & J Investment LLC
Grant Deed
$3,562,500 · R&j Invs
Aug 16, 2011
$2,500,000
R & J Investment LLC
Mann,barry D
Trustees Deed
related
—
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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