Restored Farmhouse Wedding
2239 Barber Mill Road, Clayton, NC 27520
For Sale
New
$1,390,000
Commercial Sale, Clayton, NC
Property Size3,796 SF
Lot Size3.17 Acres
Price / SF$366.17
Days on Market1
Property Features for 2239 Barber Mill Road
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
chef's kitchen
great room
wraparound porch
walk-in pantry
Building Details
Year built
Listing Agency:
eXp Realty
(888) 584-9431
Listed By:
Brett Hooke · License NC #361583
(919) 444-2028
Added: Nov 10
Last Checked: Nov 10 at 8:06PM
MLS# 100615587
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
A restored 1910 farmhouse adapted for commercial use between 2021 and 2023, this property has 3,796 square feet across its main level and upstairs apartment. The 2,736-square-foot main level includes a ceremony and dining room, central hall, private rooms, chef’s kitchen, breakfast area, walk-in pantry, three half baths, and a vendor entrance. A 1,100-square-foot, three-quarter wraparound porch extends the gathering areas. The upstairs apartment measures 1,060 square feet and has two bedrooms with a separate entrance. County-approved improvements include an accessibility ramp, fire separation, and exit signage.
The site comprises 2.56 corner acres, or 3.17 acres including the road right-of-way. On-site features include parking for more than 50 vehicles, a 24-by-24-foot garage, a shed, and the original tobacco barn. Building updates include a roof, HVAC, electrical system, septic system, and steel foundation. The property is zoned GB-CZ in Johnston County, and the septic system is permitted for the current venue and residence use. Buyers should confirm intended use, capacity, and septic requirements with the county. Furnishings, decor, and business assets may be included upon request.
The site comprises 2.56 corner acres, or 3.17 acres including the road right-of-way. On-site features include parking for more than 50 vehicles, a 24-by-24-foot garage, a shed, and the original tobacco barn. Building updates include a roof, HVAC, electrical system, septic system, and steel foundation. The property is zoned GB-CZ in Johnston County, and the septic system is permitted for the current venue and residence use. Buyers should confirm intended use, capacity, and septic requirements with the county. Furnishings, decor, and business assets may be included upon request.
Key Highlights
- County‑approved event venue use; GB‑CZ zoning in Johnston County
- 2.56 corner acres; 3.17 acres including the road right‑of‑way
- 3,796 square feet total, including a 2,736‑square‑foot main level and 1,060‑square‑foot upstairs apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,289
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,780
$785.8K
Cap Rate 7%
$561,271
$561.3K
Cap Rate 9%
$436,544
$436.5K
Market Conditions
NOI Build-Up for 3,796 SF
Gross rent
$68.3K $18.00/SF
− Vacancy
−$5.5K −$1.44/SF
EGI
$62.9K $16.56/SF
− OpEx
−$23.6K −$6.21/SF
NOI
$39.3K $10.35/SF
Area
Johnston County, NC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,780
Cap Rate 7%
$561,271
Cap Rate 9%
$436,544
Alternative Uses
Best Use
Mixed Use
$561.3K
$491.1K – $654.8K
NOI $39,289 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,387 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 27520, NC
46,478
Population
18,540
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
70.8 sq mi
ZIP Area
656
Density / Sq Mi
$84,545
Median Household Income
$45,147
Median Earnings
$1,430
Median Rent
$282,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Wedding venue - County-approved event use pairs with a separate upstairs apartment and extensive gathering space.
Where is this wedding venue located?
The property is located at 2239 Barber Mill Road Clayton, NC.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: County‑approved event venue use; GB‑CZ zoning in Johnston County; 2.56 corner acres; 3.17 acres including the road right‑of‑way; 3,796 square feet total, including a 2,736‑square‑foot main level and 1,060‑square‑foot upstairs apartment
