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Property profile & analytics
OFF-MARKET
Estimated value
$18,170,000
Strip malls
11629 Us 70th Business W Hwy Clayton, NC 27520-2266
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1721631
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Total area
74,219 SF
Lot
15.88 ac (691,733 SF)
Zoning code
COM
APN
05G02005G
UPID
US53-1721631
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
by Request
CAP Approach
CAP
$17.98M
Comparable Approach
Comparable
$11.17M
Blend (final)
Blend
$18.17M
Owner & transaction history
Suso 5 Clayton Corners LP · 3 yrs held
Suso 5 Clayton Corners LP
since 2022
Last sale
$23.5M
2 recorded transactions
Zoning & alternative use
COM · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.6M
+52.2%
Office building
$15.5M
+42.8%
Retail stores
$11.9M
+9.1%
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
$23,335,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,480,000
6.5%
$17,980,000
7%
$16,695,000
Alternative Use
Use
Estimation
RESTAURANT
$16,565,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$15,540,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$11,870,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,290,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,055,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$18.17M
Range $16.35M – $19.99M · ±10% · vs last sale $23.50M (Jul 18 2022)
Last sale anchor
$23.50M
Jul 18 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
$245 / 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
$97,268
Tax year 2024
Assessed value
$7,368,780
Assessed 2024
Previous assessed
$7,368,780
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,975,780
Assessed improvement
$5,393,000
Land market value
$1,975,780
Improvement market value
$5,393,000
Total market value
$7,368,780
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
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
14
Bathrooms
5
Total area
74,219 SF
Lot
15.88 ac (691,733 SF)
Zoning code
COM
APN
05G02005G
UPID
US53-1721631
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
RESTAURANT
Est. value
$16.6M
OFFICE BUILDING
Est. value
$15.5M
RETAIL STORES
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$11.3M
COMMERCIAL (GENERAL)
Est. value
$11.1M
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
14
Bathrooms
5
Lot
15.88 ac
Current owner
From public records · entity-resolved
Suso 5 Clayton Corners LP
Entity
Free & Clear · 3 yrs held
Mailing address
20 S CLARK ST STE #1400, CHICAGO, IL 60603-1899
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
$235,000
Suso 5 Clayton Corners LP
Ddrm Clayton Corners LLC
Special Warranty Deed
—
Jun 29, 2007
—
Ddrm Clayton Corners LLC
Inland Southeast Clayton LLC
Special Warranty Deed
—
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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