Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tech Park Ln Clayton, NC 27520
    Back to Search
    Property profile & analytics

    Tech Park Ln Clayton, NC 27520

    View on Map
    • Land
    • 7.61 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tech Park Ln

    Lot size
    7.61 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 7.61-acre industrial land parcel in Clayton, North Carolina, presents a compelling investment opportunity. Located on S Tech Park Ln, 27520, this property is zoned I-2 and offers significant potential for development. A site plan is already approved, including a grading permit, for a ±30,000 square foot flex warehouse. The building design, as per the approved site plan, allows for expansion up to approximately ±31,500 square feet. The property boasts ample space for outside storage, a significant advantage for various industrial uses. All essential utilities are readily available on-site, including water, sewer, power, gas, and telecommunications infrastructure. This ready-to-develop site eliminates many of the initial hurdles associated with new construction, making it an attractive option for businesses seeking a quick path to occupancy. The asking price for this exceptional property is $1,050,000. Don't miss this chance to acquire a strategically located industrial land parcel with significant development potential in a rapidly growing area.

    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
    -78.4241
    Latitude
    35.6145

    Comparable in this City

    • Value Estimation by Request
      8.33 Acres

      180 Johnson Estate Rd

      Land • 8.33 Acres
      180 Johnson Estate Rd, Clayton, NC 27520
      View Details
    • Value Estimation by Request

      Wise Rd

      Land
      0 Wise Rd, Clayton, NC 27520
      View Details
    • Value Estimation by Request
      7,968 SF

      237 Airport Industrial Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 7,968 SF
      237 Airport Industrial Dr, Clayton, NC 27520-4308
      View Details
    • Value Estimation
      $4,045,000
      32,500 SF

      317 Pony Farm Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 32,500 SF
      317 Pony Farm Rd, Clayton, NC 27520
      View Details
    • Value Estimation by Request
      128,003 SF

      2545 Us-70 Bus

      Distribution properties • 128,003 SF
      2545 Us-70 Bus, Clayton, NC 27520
      View Details
    • Value Estimation
      $2,125,000
      25,000 SF

      3329 Nc Hwy 42nd W

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 25,000 SF
      3329 Nc Hwy 42nd W, Clayton, NC 27520-8363
      View Details

    Similar Nearby for Sale

    • $17,820,000
      Pending

      66-Acre Development Opportunity, Clayton, NC

      66 acres with Highway 70 visibility, ideal for development.
      1921 Strickland Rd, Clayton, NC 27520
      View Details
    • $224,900
      1.89 Acres

      Residential Land Near Copper District

      Almost 2-acre level lot near Clayton's planned Copper District.
      797 Ranch Rd, Clayton, NC 27520
      View Details
    • $2,500,000
      2,775 SF

      Unique Multigenerational Hobby Farm Estate

      Private estate with farmhouse, guest home, barn, and versatile amenities.
      2200 Guy Rd, Clayton, NC 27520
      View Details
    • $650,000
      Pending

      Clayton, NC Land Investment

      10.5 acres in 3 tracts with development potential.
      821 Glen Laurel Rd, Clayton, NC 27520
      View Details
    • $180,000

      Corner Lot in Growing Clayton

      0.48 acre corner lot zoned for office and institutional use.
      200 Winding Wood Dr, Clayton, NC 27520
      View Details
    • $3,500,000
      Pending

      100-Acre Development Opportunity in Clayton

      Prime 100-acre development opportunity in Johnston County, Clayton, NC.
      Monroe Rd, Clayton, NC 27520
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      NC Highway 42 Land Lease

      Land available for lease on NC Highway 42.
      2364 Nc Highway 42, Clayton, NC 27520
      View Details
    • Contact for pricing
      25,356 SF

      Clayton Flex/Industrial Space Available

      Flex/industrial space available for lease in Clayton, North Carolina.
      3329-3335 Veterans Pkwy, 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
    • $5,262 /Mo
      2,105 SF

      Clayton Office Space For Rent

      Office unit available for lease in Clayton, North Carolina.
      627 Guy Rd, 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
    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.
    Tech Park Ln
    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
    Tech Park Ln, 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!