1542 MechanicalGarner, NC 27529

Off market
$5,776,265 Estimated
  • Hotels
  • 53,696 SF

Property Details for 1542 Mechanical

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.37 AC
Property size (Sq ft)
53,696 SF
Zone code
CMX
Property type
Hotels
Property subtype
Motels
APN
1701.07-59-6360 0117148
APU
1701075963600117148

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,783,539
    6.5%
    $13,646,344
    7%
    $12,671,605
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,404,042
    Geo Method
    $28,964,642
  • Alternative Use

    Use
    Valuation
    Residential
    $14,897,843
    Hospitality
    $13,646,344
    Educational
    $11,353,598
    Medical
    $11,744,065
    Retail
    $17,661,152
1542 Mechanical, Garner, North Carolina

Location Insight

City
Garner
County
Wake
State
North Carolina
Latitude
35.7254
Longitude
-78.644
CBSA code
39580
CBSA name
RALEIGH-CARY, 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
$24,167
$557,480
$5,218,785
$5,776,265
-
$557,480
$5,218,785
$5,776,265

FAQs

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