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Property profile & analytics
OFF-MARKET
Estimated value
$3,450,000
Assisted living facilities
204 Dairy Rd, Clayton, NC 27520-7216
Entity Owned
~
Est. High Equity
Property ID
US53-1785350
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1990
Total area
33,433 SF
Lot
4.97 ac (216,493 SF)
Zoning code
RAG
APN
05H03030C
UPID
US53-1785350
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
-
Clayton Rehabilitation and Healthcare Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.45M
Owner & transaction history
Clt Opco LLC
Clt Opco LLC
since 2025
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
RAG · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.6M
+104.4%
Auto repair, garage
$3.6M
+58.4%
Commercial (general)
$3.4M
+52.2%
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
$3,330,000
ML approach
$3,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$2,260,000
Current use
OFFICE BUILDING
$4,620,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,580,000
Change: +58% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,440,000
Change: +52% · Conversion: Difficult
RESTAURANT
$3,205,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$2,680,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$2,260,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,195,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.45M
Range $3.11M – $3.80M · ±10% · vs last sale $3.51M (Mar 19 2025)
Last sale anchor
$3.51M
Mar 19 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
$103 / 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
$38,011
Tax year 2024
Assessed value
$2,879,640
Assessed 2024
Previous assessed
$2,879,640
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$246,250
Assessed improvement
$2,633,390
Land market value
$246,250
Improvement market value
$2,633,390
Total market value
$2,879,640
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
44
Bathrooms
4
Total area
33,433 SF
Lot
4.97 ac (216,493 SF)
Zoning code
RAG
APN
05H03030C
UPID
US53-1785350
Jurisdiction
JOHNSTON
Zoning & alternative use
RAG · Clayton, NC
Zoning RAG · permitted uses
RAG · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.4M
RESTAURANT
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
44
Bathrooms
4
Lot
4.97 ac
Current owner
From public records · entity-resolved
Clt Opco LLC
Entity
Mailing address
45 BROADWAY FL, NEW YORK, NY 10006-3007
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Clt Opco LLC
Smv Nc 7 Master Tenant LLC
Deed
related
$20,400,000 · Key Bank NA
Mar 19, 2025
$19,691,000
Clayton Nc Propco LLC
Smv Clayton LLC
Deed
related
$141,900,000 · Key Bank NA
May 29, 2024
—
Smv Canton LLC
—
Deed
related
$201,500,000 · Israel Discount Bank Of New York
Jan 15, 2019
—
Smv Clayton LLC
—
Deed
related
$230,000,000 · Column Financial INC
Oct 24, 2016
—
Brian Clayton Vacant LLC
Smv Clayton LLC
Grant Deed
related
$710,000,000 · Deutsche Bk Ag/ny Branch
Apr 15, 2011
—
Smv Clayton LLC
—
Deed Of Trust
related
$735,000,000 · Us Bk Series 2006-tfl2 (te)
Jul 6, 2006
—
Smv Clayton LLC
—
Deed Of Trust
related
$800,000,000 · Column Financial INC
Feb 8, 2005
$3,512,000
Smv Clayton LLC
Living Centers-southeast INC
Deed Of Trust
$820,000,000 · Column Financial INC
—
—
Smv Clayton LLC
—
Deed Of Trust
related
$700,000,000 · German American Cap
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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