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    Property profile & analytics

    115 1st St Clayton, NC 27520-2440

    • Commercial real estate
    • 3,492 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US53-3018120
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AJS Photo Studio / Photographer
    • Tay's Brow Lounge / Eyebrow Bar
    • Salty Roots Hair & Beauty / Beauty Salon
    • First Street Tavern / Live Music Bar
    • The Law Office of I. Seth Parlier / Law Firm / Attorney

    Property Details for 115 1st St

    Year built
    1900
    Lot size
    0.26 lot acres
    Property size
    3,492 SF
    Zone code
    COM
    Property type
    Commercial real estate
    APN
    5015016
    APU
    5015016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $280,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $265,000
      Mixed-Use
      $340,000
      Hospitality
      $360,000
      Educational
      $345,000
      Residential Income
      $280,000
      Energy
      $350,000
      Income-Based Land
      $295,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.459
    Latitude
    35.6532
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,541
    $56,630
    $211,660
    $268,290
    -
    $56,630
    $211,660
    $268,290

    Comparable in this City

    • Value Estimation by Request
      125,708 SF

      11711 Us-70

      Retail properties • 125,708 SF
      11711 Us-70, Clayton, NC 27520
      View Details
    • Value Estimation by Request

      149 State Ave

      Land
      149 State Ave, Clayton, NC 27520
      View Details
    • Value Estimation by Request
      0.25 Acres

      201 Winding Wood Dr

      Land • 0.25 Acres
      201 Winding Wood Dr, Clayton, NC 27520
      View Details
    • Value Estimation by Request
      1,200 SF

      214 2nd St

      COMMERCIAL (GENERAL) • 1,200 SF
      214 2nd St, Clayton, NC 27520-2462
      View Details
    • Value Estimation by Request
      0.23 Acres

      L5 Pinecroft Dr

      Land • 0.23 Acres
      L5 Pinecroft Dr, Clayton, NC 27520
      View Details
    • Value Estimation by Request
      13,240 SF

      77 Amelia Church Rd

      COMMERCIAL (GENERAL) • 13,240 SF
      77 Amelia Church Rd, Clayton, NC 27520-7969
      View Details

    Similar Nearby for Sale

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      Clayton Commercial Land - $180K

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      Clayton Commercial Lot - Prime Location

      0.23-acre lot, ideal for business development.
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    • $4,200,000
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      Clayton Commercial Land - I-42 & Hwy 70

      12+ Acres, Prime Commercial Development Site
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    • $79,900
      0.25 Acres

      Prime Clayton Commercial Land

      0.25-acre lot, ideal business location.
      201 Winding Wood Dr, Clayton, NC 27520
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    Similar Nearby for Lease

    • Contact for pricing
      19,550 SF

      Clayton Plaza Retail Center

      Johnston County, NC Retail Space Available
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      499 SF

      Renovated Retail Space in Clayton

      Multi-tenant retail spaces in vibrant downtown Clayton, North Carolina.
      231 E 2Nd St, Clayton, NC 27520
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      Clayton Corners Retail Space

      High-traffic retail space available in Clayton, NC
      11711 Us-70, Clayton, NC 27520
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      Downtown Clayton Retail/Office Space

      Renovated commercial space in vibrant downtown Clayton, multi-tenant experience.
      231 E 2Nd St, Clayton, NC 27520
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    • $1,250 /Mo
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      Renovated Retail Space in Clayton

      Multi-tenant retail spaces available in revitalized downtown Clayton building.
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    • $7,000 /Mo
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      Downtown Clayton Restaurant/Bar Space

      Street-level restaurant/bar space in renovated historic building in downtown Clayton.
      231 E 2Nd St, Clayton, NC 27520
      View Details

    Property Visit Statistics

    • Visits by month
      4.2k
    • Visitors by month
      2.5k
    • Avg Time on site
      14 min
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    115 1st St
    Clayton, NC 27520-2440
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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
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