Property profile

165 Neuse River Pkwy Clayton, NC 27527

FOR SALE
Commercial real estate
Property ID
US53-1795939
1,400 SF 2.75 ac lot Built 2002
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.75-acre commercial property at 165 Neuse River Parkway in Clayton, NC, presents a rare investment opportunity with significant potential. Currently operating as a thriving pool and tennis/pickleball recreation center, the 1,400 square foot facility sits on a highly desirable lot within the prestigious Flowers Plantation community. The property's zoning allows for continued operation of the existing recreational facilities or offers the exciting possibility of redevelopment. Pre-approved plans exist for a townhome community, subject to final specifications and site plan approval by Flowers Plantation. This flexibility makes this property ideal for a variety of investors, from those seeking a stable, income-producing asset to developers envisioning a new residential project. The location within Flowers Plantation ensures high visibility and accessibility, attracting both residents and visitors. The existing infrastructure provides a solid foundation for either continued operation or a seamless transition to a new development. This is a unique chance to acquire a versatile property in a thriving area with strong growth potential. The asking price is $725,000. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Year built 2002
Total area 1,400 SF
Lot 2.75 ac (119,790 SF)
UPID US53-1795939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub Music Venue
  • Swimming Pool Hardware & Home Improvement

Location

165 Neuse River Pkwy Clayton, NC 27527
Clayton metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message