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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Motels
5223 Page Rd, Durham, NC 27703-8480
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5645931
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Total area
50,596 SF
Lot
2 ac (87,120 SF)
Zoning code
IP
APN
157924
UPID
US53-5645931
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
-
Ruby on five points Bar & Pub
-
5223 Page Rd Parking Parking Lot & Garage
-
Wingate by Wyndham Raleigh Durham / Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.91M
Comparable Approach
Comparable
$2.90M
Blend (final)
Blend
$3.64M
Owner & transaction history
Oms Rtp LLC · 13 yrs held
Oms Rtp LLC
since 2012
7 recorded transactions
Zoning & alternative use
IP · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,230,000
6.5%
$3,905,000
7%
$3,625,000
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10%
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
$72 / 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
$63,550
Tax year 2024
Assessed value
$4,555,858
Assessed 2024
Previous assessed
$4,555,858
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$750,250
Assessed improvement
$3,805,608
Land market value
$750,250
Improvement market value
$3,805,608
Total market value
$4,555,858
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
1997
Heating
PACKAGE
Stories
4
Total area
50,596 SF
Lot
2 ac (87,120 SF)
Zoning code
IP
APN
157924
UPID
US53-5645931
Jurisdiction
DURHAM
Zoning & alternative use
IP · Durham, NC
Zoning IP · permitted uses
IP · 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.
Building & site characteristics
From public records
Year built
1997
Heating
PACKAGE
Stories
4
Lot
2 ac
Current owner
From public records · entity-resolved
Oms Rtp LLC
Entity
Mailing address
13860 BALLANTYNE CORPORATE PL STE #240, CHARLOTTE, NC 28277-3167
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
—
Oms Rtp LLC
—
Deed
related
$6,500,000 · Axos Bank
Oct 4, 2012
$3,400,000
Oms Rtp LLC
Pwr18-5223 Page Rd Durham LLC
Grant Deed
$2,775,000 · Carter Bank & Trust
Jan 11, 2012
$4,690,000
Pwr18-5223 Page Rd Durham LLC
Trachtman,james B
Trustees Deed
related
—
Oct 6, 2011
—
Shree Hari Hospitality Corp
—
Trustees Deed
related
$456,750 · Ratna S Garimella
Sep 20, 2007
$6,500,000
Shree Hari Hospitality Corp
Rdu Hospitality LLC
Grant Deed
—
Jun 1, 1999
$48,000
Rdu,hospitality LLC
Triangle,hospita
Grant Deed
related
—
—
—
Oms Rtp LLC
—
Deed Of Trust
related
$4,500,000 · Ladder Cap Fin
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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