Property profile

603 MORGAN ST Raleigh, NC 27603

OFF-MARKET
Hotel/Motel
Property ID
US53-4940984
68,338 SF 0.23 ac lot Built 2018
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Property profile

Verified
Property type Hotel/Motel
Year built 2018
Total area 68,338 SF
Lot 0.23 ac (10,019 SF)
APN 1703.06-48-4920 0450
UPID US53-4940984

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Resort
  • Hotel & Motel
  • Restaurant

Location

603 MORGAN ST Raleigh, NC 27603
Raleigh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$38.1M
5 recorded transactions
2025
Price N/A
2025
$38.1M
2022
$31.5M
2020
Price N/A
2018
Price N/A
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