4880 Nc Highway 42 Clayton, NC 27527
- Investment properties
- 4,158 SF
- 1.04 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4880 Nc Highway 42
- Year built
- 1900
- Lot size
- 1.04 lot acres
- Property size
- 4,158 SF
- Zone code
- PUD
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 16K05034
- APU
- 16K05034
Description
Flowers Crossroads, located at 4880 NC HWY 42 in Clayton, NC, presents a fantastic opportunity for retail businesses seeking space in a vibrant Johnston County location. This three-story strip center offers a total of 13,910 square feet, with two immediately available spaces. Each space boasts a minimum of 1,100 square feet and a maximum contiguous area of 1,200 square feet, providing flexibility for various retail concepts. A total of 2,300 square feet is currently vacant and ready for occupancy. The property's prime location in Clayton, NC, zip code 27527, ensures high visibility and accessibility for customers. The building's multi-story design offers unique possibilities for businesses requiring diverse layouts or vertical space utilization. This is an exceptional opportunity to establish or expand your retail presence in a thriving community. The property is classified as a retail strip center with multiple tenancies, providing a dynamic and diverse environment for businesses. Serious inquiries are encouraged to explore this promising retail space in Johnston County. Contact us today to schedule a viewing and discuss your business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,760,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,095,000
- 6.5%
- $8,780,000
- 7%
- $8,455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,270,000
- Geo Method
- $9,125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,780,000
- Retail
- $8,870,000
- Mixed-Use
- $9,165,000
- Hospitality
- $9,035,000
- Educational
- $7,525,000
- Residential Income
- $8,630,000
- Energy
- $9,895,000
- Income-Based Land
- $9,405,000
- Food Service
- $9,100,000
Location Insight
- Map
- Local Demand
- City
- Clayton
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.3445
- Latitude
- 35.6533
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA