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    Property profile & analytics

    827 Albemarle Rd Asheboro, NC 27203-6262

    • Motels
    • 30,125 SF
    • 2.62 lot acres
    OFF-MARKET
    Value Estimation
    $2,270,000
    Last Sale
    Jul 11, 2023
    $2,830,000
    Location Intelligence
    Property ID
    US53-0006586
    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

    • Econo Lodge Asheboro / Motel / Hotel
    • Econo Lodge / Hotel
    • Rodeway Inn / Hotel

    Property Details for 827 Albemarle Rd

    Year built
    1974
    Lot size
    2.62 lot acres
    Property size
    30,125 SF
    Zone code
    B2
    Property type
    Motels
    APN
    7750460351
    APU
    7750460351

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.8283
    Latitude
    35.6879
    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
    $17,284
    $238,920
    $1,065,260
    $1,304,180
    -
    $238,920
    $1,065,260
    $1,304,180

    Comparable in this City

    • Value Estimation
      $2,255,000
      23,306 SF

      242 Lakecrest Rd

      MOTEL • 23,306 SF
      242 Lakecrest Rd, Asheboro, NC 27203-7854
      View Details
    • Value Estimation by Request
      24,582 SF

      1137 Dixie Dr

      MOTEL • 24,582 SF
      1137 Dixie Dr, Asheboro, NC 27203-8813
      View Details
    • Value Estimation by Request
      47,797 SF

      920 Executive Way

      HOTEL • 47,797 SF
      920 Executive Way, Asheboro, NC 27203-8802
      View Details
    • Value Estimation by Request
      36,816 SF

      1113 Dixie Dr

      HOTEL • 36,816 SF
      1113 Dixie Dr, Asheboro, NC 27203-8813
      View Details
    • Value Estimation
      $7,440,000
      52,741 SF

      900 Executive Way

      HOTEL • 52,741 SF
      900 Executive Way, Asheboro, NC 27203-8802
      View Details
    • Value Estimation by Request
      2.43 Acres

      Us 64 Hwy

      Commercial real estate • 2.43 Acres
      Us 64 Hwy, Asheboro, NC 27203
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.68 Acres

      Asheboro Commercial Land - 0.68 Acres

      Prime Asheboro location, high-traffic area, excellent development potential.
      1330 Dixie Dr, Asheboro, NC 27203
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    • $349,900

      Downtown Asheboro Office Building

      Prime Asheboro Office Space - Great Location!
      379 Cox St, Asheboro, NC 27203
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      Asheboro Office Suite - Main Floor

      Spacious Office Suite, Great Location, $2500/Month
      515 Salisbury St, Asheboro, NC 27203
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    • $695,000
      17.87 Acres

      Asheboro Land: 17.87 Acres

      Prime Residential Development Land
      0 Amity Rd, Asheboro, NC 27203
      View Details
    • $950,000
      2.29 Acres

      Prime Asheboro Commercial Redevelopment Opportunity

      2.29-acre parcel in Asheboro's auto dealership corridor.
      1823 E Salisbury St, Asheboro, NC 27203
      View Details
    • $855,000

      Highway 64 Commercial Opportunity

      0.45 acres on high-traffic corridor, suitable for various businesses.
      557 E Dixie Dr, Asheboro, NC 27203
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      48,971 SF

      Asheboro Plaza: Prime Retail Space

      Retail, office, medical space available.
      338-372 Fayetteville St, Asheboro, NC 27203
      View Details
    • $1.00 SF/Yr
      4,022 SF

      Restaurant Space For Rent

      Restaurant space available for lease in Asheboro, North Carolina.
      1106 E Dixie Dr, Asheboro, NC 27203
      View Details
    • Contact for pricing

      Retail Building at Busy Intersection

      Retail building with showroom, sales, and warehouse space for rent.
      603 N Fayetteville St, Asheboro, NC 27203
      View Details
    • $12 SF/Yr
      3,591 SF

      Office/Retail Space For Rent

      3,591 SF office/retail space with abundant parking.
      1064 E Dixie Dr, Asheboro, NC 27203
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      313
    • Avg Time on site
      467 min
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    827 Albemarle Rd
    Asheboro, NC 27203-6262
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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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