Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot in Growing Clayton Title is generated by Realmo AI

    200 Winding Wood, Clayton, NC 27520

    View on Map
    Claim this Listing
    For Sale
    $180,000

    0.48 acre corner lot zoned for office and institutional use.

    Type:Commercial
    Lot size:
    0.48 Acres
    Added:
    Oct 3, 2025
    Days on Market:
    246
    Last Refresh:
    Apr 5 at 9:23 pm

    Property Features for 200 Winding Wood

    General Information

    Standard status
    Active
    Lot size
    0.48 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    DAMON VAUGHN
    DAMON VAUGHN

    Listing agent DAMON VAUGHN

    Listing office KELLER WILLIAMS REALTY

    Listing date Oct 3, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY

    HighLights

    • Prime corner lot location between Hwy 42 and downtown Clayton, offering high visibility and accessibility.
    • Zoned for Office and Institutional (OFI) use, accommodating a wide range of business and service types.
    • Located in Clayton, NC, a rapidly growing town and economic hub with significant pharmaceutical manufacturing presence.
    • Proximity to key amenities: approximately 1 mile to UNC/Johnston Hospital and professional center, and 1.5 miles to downtown Clayton.
    • Flat, 0.48‑acre lot with city water and sewer available, simplifying development.
    • Existing medical and professional offices nearby, creating a synergistic business environment.

    Overview

    This 0.48-acre corner lot is located off Veterans Parkway, between Highway 42 and downtown Clayton. Zoned for office and institutional (OFI) use, the site benefits from the availability of city water and sewer. The Office Institutional (OFI) district is established to accommodate office uses, personal services, institutional facilities, educational uses, research and development, and health-related uses. Existing medical and professional offices are situated nearby. Located approximately 1 mile from the recently expanded UNC/Johnston Hospital and professional center and 1.5 miles from downtown Clayton, the property is positioned in Clayton, cited as North Carolina's fastest-growing town and a hub for economic growth. The area is experiencing thriving development with new projects, a high quality of life, arts, business, and big pharma manufacturing, including Grifols and Novo Nordisk. The lot is flat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.4854
    Latitude
    35.6383

    Nearby Similar for Sale

    • $78,999

      Clayton Office Space For Sale

      Prime location office space in Clayton, North Carolina.
      201 Winding Wood Drive, Clayton, NC 27520
      View Details
    • $4,000,000

      23 Acres on US 70

      23 acres with road frontage on a major business corridor.
      4800 Us 70 Bus Highway W, Clayton, NC 27520
      View Details
    • $1,500,000
      10,010 SF

      Versatile Commercial Building in Clayton, NC

      9,489 sq ft commercial building on 0.85 acres for sale.
      100 Cunningham Lane, Clayton, NC 27527
      View Details
    • $585,000

      Residential/Agricultural Land in Clayton, NC

      7+ acres of wooded land ready for your dream plans.
      15653 Buffalo Road, Clayton, NC 27527
      View Details
    • $150,000

      B-3 Zoned Commercial Development Land

      Two adjacent parcels with city water and sewer, level buildability, and flexible concepts for medical or food service use.
      141 & 145 State Avenue, Clayton, NC 27520
      View Details
    • $299,900

      Commercial Lots on Highway 42

      Two vacant commercial lots, cleared and flat, ready to build.
      212 & 216 Butternut Lane, Clayton NC 27520, Clayton, NC 27520
      View Details
    • $2,900,000

      Commercial Land Near Johnston Hospital

      9.71 acre commercial land development opportunity near Johnston Memorial Hospital.
      257 Johnson Estate Road, Clayton, NC 27520
      View Details
    • $175,000

      Clayton Land with Pond

      2.64 acre homesite with pond, utilities, and perc.
      124 Suhani Lane, Clayton, NC 27520
      View Details
    • $1,799,000

      39 Acres in Clayton, NC

      39 acres of land for sale in Clayton, North Carolina.
      Washington Street, Clayton, NC 27520
      View Details
    • $170,000

      Cleared Land Parcel in Clayton

      Unrestricted 1.63-acre lot ready for your dream home.
      954 Blue Pond Road, Clayton, NC 27520
      View Details
    • $169,000

      Large Homesite with Pond Access

      2.53 acre homesite with pond access in Clayton, NC.
      214 Dasu Drive, Clayton, NC 27520
      View Details
    • $125,000

      Ready To Build Homesite

      Cleared and level homesite with utilities in Clayton, NC.
      168 Dasu Drive, Clayton, NC 27520
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.48 acre corner lot zoned for office and institutional use.
    Where is this commercial land located?
    The property is located at 200 Winding Wood Clayton, NC.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Prime corner lot location between Hwy 42 and downtown Clayton, offering high visibility and accessibility.; Zoned for Office and Institutional (OFI) use, accommodating a wide range of business and service types.; Located in Clayton, NC, a rapidly growing town and economic hub with significant pharmaceutical manufacturing presence.
    (919) 676-0600
    We can help!
    Listing Contact
    DAMON VAUGHN
    DAMON VAUGHN
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    200 Winding Wood, Clayton, NC 27520
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!