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Property profile & analytics
OFF-MARKET
Turn key restaurants
119 Oleander Dr, Clayton, NC 27527-4564
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1152133
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Total area
2,200 SF
Lot
0.32 ac (13,939 SF)
Zoning code
COM
APN
16K05028Q
UPID
US53-1152133
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
-
Tavern 42 Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Xandy Properties LLC · 4 yrs held
Xandy Properties LLC
since 2021
3 recorded transactions
Zoning & alternative use
COM · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,288
Tax year 2024
Assessed value
$405,900
Assessed 2024
Previous assessed
$405,900
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$69,700
Assessed improvement
$336,200
Land market value
$69,700
Improvement market value
$336,200
Total market value
$405,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
2,200 SF
Lot
0.32 ac (13,939 SF)
Zoning code
COM
APN
16K05028Q
UPID
US53-1152133
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.
Building & site characteristics
From public records
Year built
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Xandy Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1210 OLD LYSTRA RD, CHAPEL HILL, NC 27517-8031
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 19, 2021
—
Xandy Properties LLC
Ksk Properties LLC
Warranty Deed
—
Mar 9, 2012
—
Ksk Properties LLC
Signature Management Group
Warranty Deed
—
Sep 26, 2005
$75,000
Signature Management Group
Bhh LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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