1139 JohnstonKenly, NC 27542

  • Hotels
  • 14,498 SF
Off market
$42,078,960 Estimated

Property Details for 1139 Johnston

Year built
1987
Lot size
4.20 AC
Property size (Sq ft)
14,498 SF
Zone code
COM
Property type
Hotels
Property subtype
Motels
APN
03P06051Y
APU
03P06051Y

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,991,578
    6.5%
    $3,684,533
    7%
    $3,421,352
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,019,141
    Geo Method
    $7,820,496
  • Alternative Use

    Use
    Valuation
    Residential
    $4,022,440
    Hospitality
    $3,684,533
    Educational
    $3,065,488
    Medical
    $3,170,915
    Retail
    $4,768,538

Location Insight

City
Kenly
County
Johnston
State
North Carolina
Latitude
35.5823
Longitude
-78.1433
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
2024
$22,508
$731,810
$923,190
$1,655,000
-
$731,810
$923,190
$1,655,000

FAQs

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