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    Property profile & analytics

    7623 Thorndike Rd Greensboro, NC 27409-9421

    • Hotels
    • 61,011 SF
    • 3.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 04, 2021
    $5,586,000
    Location Intelligence
    Property ID
    US53-0096473
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • MainStay Suites Greensboro / Hotel / Extended Stay Hotel
    • Hawthorn Suites by Wyndham Greensboro / Extended Stay Hotel / Hotel

    Property Details for 7623 Thorndike Rd

    Year built
    1998
    Construction
    FRAME
    Lot size
    3.33 lot acres
    Property size
    61,011 SF
    Zone code
    BP
    Property type
    Hotels
    Property subtype
    Motels
    APN
    98379
    APU
    98379

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9624
    Latitude
    36.0756
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $78,541
    $1,015,400
    $4,582,700
    $5,598,100
    -
    $1,015,400
    $4,582,700
    $5,598,100

    Comparable in this City

    • Value Estimation by Request
      5.97 Acres

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      43,219 SF

      4304 Big Tree Way

      HOTEL/MOTEL • 43,219 SF
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    • Value Estimation
      $11,870,000
      64,444 SF

      7619 Thorndike Rd

      HOTEL/MOTEL • 64,444 SF
      7619 Thorndike Rd, Greensboro, NC 27409-9421
      View Details
    • Value Estimation by Request
      53,950 SF

      605 Regional Rd

      HOTEL/MOTEL • 53,950 SF
      605 Regional Rd, Greensboro, NC 27409-9400
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      $8,405,000
      47,951 SF

      7 Sharps Airpark Ct

      HOTEL/MOTEL • 47,951 SF
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    • Value Estimation by Request
      15.30 Acres

      6419 Bryan Blvd, Unit C

      HOTEL/MOTEL • 15.30 Acres
      6419 Bryan Blvd, Greensboro, NC 27409-9419
      View Details

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      10.09 Acres

      10-Acre Greensboro Commercial Land

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    Similar Nearby for Lease

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      Versatile Industrial Space Available
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      Industrial Building on 5.69 Acres

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      Retail Space on NC Hwy 68

      Retail space available near intersection of Gallimore Dairy Rd and NC Hwy 68.
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      94,160 SF

      Industrial Site Near Highway 68

      9.5-acre site proposed for a 100,000 SF industrial building.
      501 Gallimore Dairy Rd, Greensboro, NC 27409
      View Details

    Property Visit Statistics

    • Visits by month
      904
    • Visitors by month
      764
    • Avg Time on site
      531 min
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    7623 Thorndike Rd
    Greensboro, NC 27409-9421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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