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    2276 Castleberry Rd Clayton, NC 27527

    For Sale
    $1,500,000

    Land with present-use valuation; buyer assumes deferred tax liability.

    Lot size:
    30.00 Acres

    Property Features for 2276 Castleberry Rd

    General Information

    Standard status
    Active
    Lot size
    30.00 Acres

    Source: GFR TIMBERLAND, LLC Agent KENT FULLBRIGHT

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

    Overview

    Agricultural Land with Tax Considerations

    The property is agricultural land currently under Present-Use Valuation for property taxes. A Proposed Continued Use Addendum applies, requiring the buyer to assume existing deferred property taxes. The buyer intends to apply for immediate eligibility under the Continued Use exception (G.S.105-277.3(b2)(1)). Upon transfer of ownership, the buyer agrees to accept responsibility for any and all deferred taxes due to any disqualification that may occur. The buyer accepts full liability for any existing deferred taxes that may arise.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Law Firm Spa & Massage Auto Repair Shop Clothing Store Department Store Storage Facility HVAC Service Discount Store Electrical Service Daycare 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
    -78.382689
    Latitude
    35.675769

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    FAQs

    What type of property is this?
    Agricultural land - Land with present-use valuation; buyer assumes deferred tax liability.
    Where is this agricultural land located?
    The property is located at 2276 Castleberry Rd Clayton, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Buyer assumes responsibility for existing deferred property taxes.; - Property currently in Present-Use Valuation for property taxes.; - Buyer intends to apply for immediate eligibility under the Continued Use exception (G.S.105-277.3(b2)(1)).
    (919) 522-5890
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    2276 Castleberry Rd Clayton, NC 27527
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    Clayton, NC 27527
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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
    2276 Castleberry Rd Clayton, NC 27527
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