Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12817 Us-70 Clayton, NC 27520
    Back to Search
    Property profile & analytics

    12817 Us-70, Clayton, NC 27520

    View on Map
    • Lifestyle centers
    • 19,550 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 12817 Us-70

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Clayton Plaza, located at 12817 US-70 in Clayton, North Carolina, presents a prime retail opportunity in Johnston County. This established shopping center offers a total of 19,550 square feet of retail space, with multiple tenancy options available. Currently, there are 7,532 square feet of vacant space ready for immediate occupancy. The property is ideal for businesses seeking flexible space, with minimum divisible units of 1,232 square feet and a maximum contiguous space of 4,500 square feet. This allows for a variety of business models and sizes to thrive within the center. The convenient location on US-70 ensures high visibility and accessibility for customers. The property's classification as a shopping center suggests a strong potential for synergistic tenant relationships and increased foot traffic. The address is easily accessible for both customers and employees, contributing to a positive business environment. This presents a unique chance to establish or expand a retail presence in a thriving Johnston County community. The available space offers a blend of flexibility and prime location, making it an attractive proposition for a range of retail businesses. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is situated in the 27520 zip code.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.4525
    Latitude
    35.5982

    Comparable in this City

    • Value Estimation by Request
      9,600 SF

      12989 Hwy Bus

      Lifestyle centers
      12989 Hwy Bus, Clayton, NC 27520
      View Details
    • Value Estimation
      $995,000
      9,600 SF

      101 Best Wood Dr

      SHOPPING CENTER, STRIP CENTER
      101 Best Wood Dr, Clayton, NC 27520-5059
      View Details
    • Value Estimation
      $1,175,000
      9,760 SF

      905 Main St

      SHOPPING CENTER, STRIP CENTER
      905 Main St, Clayton, NC 27520-2629
      View Details
    • Value Estimation
      $5,250,000
      42,348 SF

      821 Town Ctr Blvd

      SHOPPING CENTER, STRIP CENTER
      821 Town Ctr Blvd, Clayton, NC 27520-2179
      View Details
    • Value Estimation
      $1,320,000
      10,536 SF

      8998 Us 70th Bus W Hwy

      SHOPPING CENTER, STRIP CENTER
      8998 Us 70th Bus W Hwy, Clayton, NC 27520-4852
      View Details
    • Value Estimation by Request
      15,000 SF

      11601 Us 70th Business W Hwy

      SHOPPING CENTER, STRIP CENTER
      11601 Us 70th Business W Hwy, Clayton, NC 27520-2266
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Location Commercial Property

      Located off Hwy 42 and near Hwy 70.
      201 Winding Wood Dr, Clayton, NC 27520
      View Details
    • $5,000,001
      7,040 SF

      Highway 70 Commercial Corner Lot

      8.84 AC corner lot suitable for various commercial uses.
      5562 Business, Clayton, NC 27520
      View Details
    • Contact for pricing
      7,040 SF

      Highway 70 Business Corner Lot

      8.84 AC corner lot suitable for various commercial uses.
      5562 Business Hwy, Clayton, NC 27520
      View Details
    • Contact for pricing
      6,259 SF

      New Construction Corporate Leased Retail

      New construction retail property with two corporate leases.
      12071 Clayton Blvd, Clayton, NC 27520
      View Details
    • $84,900
      0.25 Acres

      Clayton Commercial Lot - Prime Location

      0.25-acre lot, ideal for development. Great Clayton location.
      201 Winding Wood Dr, Clayton, NC 27520
      View Details
    • $84,900
      0.23 Acres

      Clayton Commercial Lot - Prime Location

      0.23-acre lot, ideal for business. Great Clayton location.
      209 Butternut Ln, Clayton, NC 27520
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,088 SF

      Downtown Clayton Retail Opportunity

      Stand-alone building suitable for various community-based businesses.
      190 Mill St, Clayton, NC 27520
      View Details
    • $5,263 /Mo
      2,105 SF

      Commercial Space in Clayton, NC

      Neighborhood commercial space available for rent in Clayton, NC.
      627 Guy Rd, Clayton, NC 27520
      View Details
    • Contact for pricing
      2 SF

      High-Visibility Frontage Land For Rent

      High-visibility land for rent in a rapidly growing submarket.
      321 Tew Ct, Clayton, NC 27520
      View Details
    • Contact for pricing

      Medical Office Building Near Downtown

      Two-story medical office building near downtown Clayton available for lease.
      890 S Lombard St, Clayton, NC 27520
      View Details
    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.
    12817 Us-70
    Clayton, NC 27520
    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
    12817 Us-70, 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!