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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Strip malls
101 Best Wood Dr Clayton, NC 27520-5059
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0349194
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
9,600 SF
Lot
1.15 ac (50,094 SF)
Zoning code
IND
APN
05I05019T
UPID
US53-0349194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bungalow Bounce Arcade & Gaming Center
-
Cross Country Imports Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$995k
Owner & transaction history
Aligwen LLC · 3 yrs held
Aligwen LLC
since 2022
Last sale
$996,000
6 recorded transactions
Zoning & alternative use
IND · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+9.1%
Auto repair, garage
$1.5M
+3.7%
Commercial (general)
$1.4M
+1.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clayton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$990,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,410,000
Current use
RETAIL STORES
$1,535,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,460,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,430,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$1,395,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $996k (Oct 14 2022)
Last sale anchor
$996k
Oct 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,828
Tax year 2024
Assessed value
$966,460
Assessed 2024
Previous assessed
$966,460
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$250,470
Assessed improvement
$715,990
Land market value
$250,470
Improvement market value
$715,990
Total market value
$966,460
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Bathrooms
8
Total area
9,600 SF
Lot
1.15 ac (50,094 SF)
Zoning code
IND
APN
05I05019T
UPID
US53-0349194
Jurisdiction
JOHNSTON
Zoning & alternative use
IND · Clayton, NC
Zoning IND · permitted uses
IND · Clayton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clayton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
8
Lot
1.15 ac
Current owner
From public records · entity-resolved
Aligwen LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6300 WESTGATE RD STE A, RALEIGH, NC 27617-4754
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
Allgwen LLC
—
Deed
related
$935,000 · Townebank
Oct 14, 2022
$996,000
Aligwen LLC
Capital Properties Of Raleigh II Ll
Warranty Deed
—
Jul 8, 2022
—
Capital Properties Of Raleigh II Ll
—
Deed
related
$102,123 · Truist Bank
Apr 30, 2012
$325,000
Capital Properties Of Raleigh II
Crm Mid-atlantic Properties Ll
Grant Deed
—
Apr 27, 2011
$870,000
Crm Mid-atlantic Properties Ll
Walthom Group II
Grant Deed
—
—
—
Capital Properties Of Raleigh II
—
Deed Of Trust
related
$250,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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