Property profile

6121 Farrington Rd Chapel Hill, NC 27517

OFF-MARKET
Motels
Property ID
US53-1211811
57,710 SF 4.01 ac lot Built 1998
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1998
Total area 57,710 SF
Lot 4.01 ac (174,676 SF)
Zoning code OI
APN 141744
UPID US53-1211811

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
  • Hotel & Motel
  • Hotel & Motel
  • Business Management Consultant

Location

6121 Farrington Rd Chapel Hill, NC 27517-9467
Chapel Hill metro Census 2019 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.83M
Comparable Approach Comparable
$5.01M
Blend (final) Blend
$5.92M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

OI · Chapel Hill, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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