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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Commercial real estate
121 Main St Clayton, NC 27520-2447
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US53-0889705
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1916
Total area
4,878 SF
Lot
0.49 ac (21,344 SF)
Zoning code
COM
APN
5015021
UPID
US53-0889705
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
-
Whitaker & Hamer PLLC Clayton Office Law Firm
-
The Wagner House Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$800k
Owner & transaction history
Jobbers Unlimited LLC · 3 yrs held
Jobbers Unlimited LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
COM · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+40.6%
Retail stores
$780,000
+7.4%
Auto repair, garage
$740,000
+2.1%
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
$795,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$725,000
Current use
OFFICE BUILDING
$1,020,000
Change: +41% · Conversion: Easy
RETAIL STORES
$780,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$740,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$715,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$710,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Aug 26 2022)
Last sale anchor
$800k
Aug 26 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
$164 / 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
$8,458
Tax year 2024
Assessed value
$640,750
Assessed 2024
Previous assessed
$640,750
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$161,850
Assessed improvement
$478,900
Land market value
$161,850
Improvement market value
$478,900
Total market value
$640,750
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1916
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
10
Total area
4,878 SF
Lot
0.49 ac (21,344 SF)
Zoning code
COM
APN
5015021
UPID
US53-0889705
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
COMMERCIAL (GENERAL) Current
Est. value
$725,000
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$715,000
MEDICAL BUILDING
Est. value
$710,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1916
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
10
Lot
0.49 ac
Current owner
From public records · entity-resolved
Jobbers Unlimited LLC
Entity
Mailing address
216 US 70TH HWY W, GARNER, NC 27529-3943
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2022
$800,000
Jobbers Unlimited LLC
121 Main LLC
Warranty Deed
$680,000 · The Fidelity Deposit & Discount Bank
Nov 25, 2020
$400,000
121 Main LLC
Divine Holdings LLC
Warranty Deed
$280,000 · First Bank
Feb 19, 2016
$600,000
Divine Holdings LLC
Avent Mcgowen
Warranty Deed
$459,000 · Yadkin Bank
Jan 27, 2011
—
Mcgowen Avent
Owner Name Unavailable
Affidavit Of Death
related
—
Dec 17, 2010
$725,000
Mcgowen Avent
Wagner,jerome
Warranty Deed
$131,000 · Four Oaks Bank & Trust Co
—
—
Mcgowen Avent
—
Deed Of Trust
related
$95,000 · Four Oaks Bank & Trust Co
—
—
Renee L Forbes
—
Deed Of Trust
related
$91,048 · Wachovia Bank NA
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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