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Property profile & analytics
OFF-MARKET
Estimated value
$3,410,000
Warehouses
114 Main St, Clayton, NC 27520-2396
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1447087
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1900
Total area
23,850 SF
Lot
0.81 ac (35,284 SF)
Zoning code
COM
APN
5019009
UPID
US53-1447087
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
-
Dakno Real Estate Marketing Marketing & Advertising
-
OneCompassion Charitable Organization Social Service Agency
-
RiverWILD Real Estate Real Estate Agency
-
One27Design Construction Company
-
Wilders Downtown Clayton Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.37M
CAP Approach
CAP
$3.02M
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$3.41M
Owner & transaction history
Star Company LLC · 4 yrs held
Star Company LLC
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
COM · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+126.0%
Office building
$5.0M
+112.1%
Retail stores
$3.8M
+62.0%
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
$3,405,000
ML approach
$3,365,000
CAP Approach
CAP Return
Estimation
6%
$3,265,000
6.5%
$3,015,000
7%
$2,800,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,355,000
Current use
RESTAURANT
$5,320,000
Change: +126% · Conversion: Difficult
OFFICE BUILDING
$4,995,000
Change: +112% · Conversion: Difficult
RETAIL STORES
$3,815,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,625,000
Change: +54% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,555,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,495,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$3,465,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$3.41M
Range $3.07M – $3.75M · ±10% · vs last sale $3.43M (May 12 2022)
Last sale anchor
$3.43M
May 12 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
$143 / 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
$23,067
Tax year 2024
Assessed value
$1,747,530
Assessed 2024
Previous assessed
$1,747,530
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$317,560
Assessed improvement
$1,429,970
Land market value
$317,560
Improvement market value
$1,429,970
Total market value
$1,747,530
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
2
Total area
23,850 SF
Lot
0.81 ac (35,284 SF)
Zoning code
COM
APN
5019009
UPID
US53-1447087
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Clayton, NC
Zoning COM · permitted uses
COM · 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
WAREHOUSE, STORAGE Current
Est. value
$2.4M
RESTAURANT
Est. value
$5.3M
OFFICE BUILDING
Est. value
$5.0M
RETAIL STORES
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.5M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1900
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Star Company LLC
Entity
Free & Clear · 4 yrs held
Mailing address
114 W MAIN ST STE #102, CLAYTON, NC 27520-2397
Mailing matches property
Yes
Owner-occupied
Yes
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
35 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
—
Star Company LLC
Star Company LLC
Intrafamily Transfer
related
—
Dec 11, 2020
$3,430,000
Academy Overlook LLC
North St. Bk
Grant Deed
$3,430,000 · North St Bk
Nov 18, 2020
—
Rms Investments LLC
—
Deed Of Trust
related
$521,418 · United Cmnty Bk
Nov 6, 2020
—
Pink & Purple LLC
Blue & White LLC
Warranty Deed
related
$1,975,685 · Towne Bk
Oct 12, 2020
$1,430,000
Rms Investments LLC
Academy Point LLC
Warranty Deed
$230,000 · North St Bk
Oct 9, 2020
—
Heather N Desaulniers
Rms Investments LLC
Warranty Deed
related
$230,000 · North St Bk
Oct 7, 2020
$208,000
Rms Investments LLC
Goodwin Chase LLC Co
Warranty Deed
—
Oct 2, 2020
—
Rms Investments LLC
Academy Point LLC
Warranty Deed
related
—
Aug 19, 2020
—
Rms Investments LLC
—
Deed Of Trust
related
$208,000 · North St Bk
Jul 20, 2020
—
Rms Investments LLC
—
Deed Of Trust
related
$1,176,015 · United Cmnty Bk
Jul 17, 2020
—
Rms Investments LLC
—
Deed Of Trust
related
$220,000 · North St Bk
Jun 29, 2020
—
Rms I Nvestments LLC
Black & Black LLC
Warranty Deed
related
—
Jun 8, 2020
—
Rms Investments LLC
—
Deed
related
—
May 28, 2020
—
Rms Investments LLC
—
Deed Of Trust
related
$217,500 · North St Bk
May 1, 2020
—
Rms Investments LLC
Black & Black LLC
Warranty Deed
related
—
Apr 17, 2020
$55,000
Rms Investments LLC
Badgergate Dev Co LLC
Warranty Deed
—
Apr 16, 2020
$250,000
Rms Investments LLC
Swift Creek Road LLC
Warranty Deed
$160,000 · North St Bk
Apr 2, 2020
$330,000
Rms Investments LLC
Badgergate Dev Co LLC
Warranty Deed
$141,500 · North St Bk
Oct 16, 2019
$45,000
Rms Investments LLC
City Road LLC
Warranty Deed
—
Jul 30, 2019
$40,000
Rms Investments LLC
Swift Creek Road LLC
Warranty Deed
—
Jul 12, 2019
—
Rms Investments LLC
—
Trustees Deed
related
$143,000 · North St Bk
Jun 17, 2019
—
Rms Investments LLC
—
Deed
related
$134,300 · Ks Bk INC
May 22, 2019
—
Rms Investments LLC
—
Trustees Deed
related
$72,000 · United Cmnty Bk
May 13, 2019
—
Rms Investments LLC
—
Trustees Deed
related
$176,000 · North St Bk
Apr 8, 2019
—
Rms Investments LLC
—
Grant Deed
related
$6,000,000 · Xenith Bk
Jan 11, 2019
$660,000
Rms Investments LLC
City Road LLC
Warranty Deed
$125,000 · North St Bk
Aug 10, 2018
$186,000
Rms Investments LLC
Techtwood Branch LLC
Warranty Deed
—
Jun 11, 2018
—
104 North Main Street LLC
—
Deed
related
$256,000 · United Community Bank North Carolina
May 18, 2018
—
104 North Main Street LLC
—
Deed
related
$256,000 · United Cmnty Bk Nc
Feb 27, 2018
—
Rms Investments LLC
—
Trustees Deed
related
$100,000 · North St Bk
Jul 5, 2016
$850,000
Star Company LLC
114 W Main Street Partnership
Warranty Deed
$587,500 · Four Oaks Bk&tr
—
—
104 North Main Street LLC
—
Deed Of Trust
related
$256,000 · United Cmnty Bk Nc
—
—
Rms Investments LLC
—
Loan Modification
related
—
—
—
Rms Investments LLC
—
Deed Of Trust
related
$160,900 · Ks Bk INC
—
—
Rms Investments LLC
—
Deed Of Trust
related
$134,300 · Ks Bk INC
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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