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Property profile & analytics
OFF-MARKET
Estimated value
$5,495,000
Medical Office Space
11618 Us 70th Business W Hwy, Clayton, NC 27520-2275
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-0907083
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
31,536 SF
Lot
4.03 ac (175,547 SF)
Zoning code
SUP
APN
05026095C
UPID
US53-0907083
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.27M
CAP Approach
CAP
$6.79M
Comparable Approach
Comparable
$3.69M
Blend (final)
Blend
$5.50M
Owner & transaction history
Greenleaf Investment Partners L070 · 5 yrs held
Greenleaf Investment Partners L070
since 2021
Last sale
$5.0M
3 recorded transactions
Zoning & alternative use
SUP · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+53.5%
Office building
$6.6M
+44.1%
Retail stores
$5.0M
+10.0%
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
$6,230,000
ML approach
$6,270,000
CAP Approach
CAP Return
Estimation
6%
$7,350,000
6.5%
$6,785,000
7%
$6,300,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,585,000
Current use
RESTAURANT
$7,040,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$6,605,000
Change: +44% · Conversion: Easy
RETAIL STORES
$5,045,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,795,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,700,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,625,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$5.50M
Range $4.95M – $6.04M · ±10% · vs last sale $5.00M (Feb 23 2021)
Last sale anchor
$5.00M
Feb 23 2021
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
$174 / 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
$61,760
Tax year 2024
Assessed value
$4,678,800
Assessed 2024
Previous assessed
$4,678,800
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,416,550
Assessed improvement
$3,262,250
Land market value
$1,416,550
Improvement market value
$3,262,250
Total market value
$4,678,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
18
Total area
31,536 SF
Lot
4.03 ac (175,547 SF)
Zoning code
SUP
APN
05026095C
UPID
US53-0907083
Jurisdiction
JOHNSTON
Zoning & alternative use
SUP · Clayton, NC
Zoning SUP · permitted uses
SUP · 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
MEDICAL BUILDING Current
Est. value
$4.6M
RESTAURANT
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.6M
RETAIL STORES
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
18
Lot
4.03 ac
Current owner
From public records · entity-resolved
Greenleaf Investment Partners L070
Entity
Mailing address
PO BOX 450233, ATLANTA, GA 31145-0233
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2021
$5,000,000
Greenleaf Investment Partners L070
Buildinvest I LLC
Special Warranty Deed
$3,370,400 · First National Bank Of Pennsylvania
Aug 25, 2017
$2,595,000
Buildlnvest I LLC
Crm Mid-atlantic Prop LLC
Grant Deed
—
Nov 14, 2014
$4,000,000
Crm Mid-atlantic Properties Ll
Clayton Summit Properties LLC
Deed In Lieu Of Foreclosure
related
—
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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