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Property profile & analytics
OFF-MARKET
Estimated value
$2,630,000
Office buildings
128 Airport Industrial Dr, Clayton, NC 27520-4305
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-1314148
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
4,000 SF
Lot
1.8 ac (78,408 SF)
Zoning code
IND
APN
15J08017G
UPID
US53-1314148
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
-
Bassline CPR & CNA Training Business Management Consultant
-
CMC Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
Double J LLC
Double J LLC
since 2025
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
IND · 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
Method
Estimation
Statistic approach
$2,625,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.63M
Range $2.37M – $2.89M · ±10% · vs last sale $2.65M (Dec 8 2025)
Last sale anchor
$2.65M
Dec 8 2025
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
$658 / 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
$5,422
Tax year 2024
Assessed value
$669,430
Assessed 2024
Previous assessed
$669,430
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$121,970
Assessed improvement
$547,460
Land market value
$121,970
Improvement market value
$547,460
Total market value
$669,430
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,000 SF
Lot
1.8 ac (78,408 SF)
Zoning code
IND
APN
15J08017G
UPID
US53-1314148
Jurisdiction
JOHNSTON
Zoning & alternative use
IND · Clayton, NC
Zoning IND · permitted uses
IND · 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
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Double J LLC
Entity
Mailing address
13200 STRICKLAND RD STE #114, RALEIGH, NC 27613-5212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 8, 2025
$2,650,000
Double J LLC
Arbutina Investments Smithfield LLC
Special Warranty Deed
$850,000 · Skyla FCU
May 11, 2023
$2,500,000
Arbuttina Investments Smithfield Ll
Ronnie J Stephen
Special Warranty Deed
—
Aug 8, 2018
—
Patricia L Stephens
—
Deed
related
$800,000 · Bb&t Collateral Svcs
Aug 2, 2018
—
Ronnie J Stephens
Carolina Property Systems LLC
Warranty Deed
—
Aug 17, 2010
—
Carolina Property Systems LLC
—
Deed Of Trust
related
$2,250,000 · Roger Vanpraet
Mar 26, 2008
—
Carolina Property Systems LLC
—
Trustees Deed
related
$500,000 · Branch Banking & Trust Co
—
—
Patricia L Stephens
—
Deed Of Trust
related
$800,000 · Bb&t Collateral Svcs
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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