New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,790,000
Industrial properties
501 Atkinson St, Clayton, NC 27520-2155
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-5748952
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1968
Total area
24,400 SF
Lot
4.76 ac (207,346 SF)
Zoning code
IND
APN
05026095B
UPID
US53-5748952
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
-
Evencure Systems Big Box & Wholesale Store Agricultural Supply
-
Carolina Graphic Press Inc. Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.79M
CAP Approach
CAP
$3.89M
Comparable Approach
Comparable
$3.68M
Blend (final)
Blend
$4.79M
Owner & transaction history
Town Of Clayton
Town Of Clayton
since 2026
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
IND · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.4M
+49.8%
Office building
$5.1M
+40.6%
Retail stores
$3.9M
+7.4%
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
$4,790,000
ML approach
$4,790,000
CAP Approach
CAP Return
Estimation
6%
$4,210,000
6.5%
$3,885,000
7%
$3,610,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,635,000
Current use
RESTAURANT
$5,445,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$5,110,000
Change: +41% · Conversion: Easy
RETAIL STORES
$3,905,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,710,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,580,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$3,545,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$4.79M
Range $4.31M – $5.27M · ±10% · vs last sale $4.79M (Dec 4 2024)
Last sale anchor
$4.79M
Dec 4 2024
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
$196 / 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
$29,285
Tax year 2024
Assessed value
$2,218,580
Assessed 2024
Previous assessed
$2,218,580
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$277,910
Assessed improvement
$1,940,670
Land market value
$277,910
Improvement market value
$1,940,670
Total market value
$2,218,580
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
6
Total area
24,400 SF
Lot
4.76 ac (207,346 SF)
Zoning code
IND
APN
05026095B
UPID
US53-5748952
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.6M
RESTAURANT
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1968
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
4.76 ac
Current owner
From public records · entity-resolved
Town Of Clayton
Individual
Mailing address
11524 WILMAR BLVD, CHARLOTTE, NC 28273-6448
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
$5,575,000
Town Of Clayton
501 Atkinson LLC
Warranty Deed
—
Apr 23, 2026
—
Town Of Clayton
501 Atkinson LLC
Deed
—
Dec 4, 2024
$4,788,500
501 Atkinson LLC
501 Atkinson Street LLC
Special Warranty Deed
$10,656,000 · Rga Reinsurance Company A Missouri
Apr 13, 2021
$3,200,000
501 Atkinson Street LLC
Torii LLC
Special Warranty Deed
$2,400,000 · South State Bank NA
Apr 13, 2021
—
501 Atkinson Street LLC
Torii LLC
Deed
—
Nov 21, 2019
—
Torii LLC
Sml Rfid Technology LLC
Deed
$1,650,000 · Branch Banking And Trust Co
Nov 21, 2019
$2,200,000
Torii LLC
Sml Rfid Technology LLC
Special Warranty Deed
—
Feb 21, 2014
$2,650,000
Sml Rfid Technology LLC
Dew,jerry T SR & Beverly M
Warranty Deed
—
Apr 12, 2006
$900,000
Jerry Thomas Dew SR.
The Stephens Center INC
Warranty Deed
—
Oct 20, 2005
$836,500
Stephens Center INC
B C Property INC
Warranty Deed
—
—
—
Jerry T Dew SR.
—
Deed Of Trust
related
$498,500 · Fidelity Bank NA
—
—
Jerry T Dew SR.
—
Deed Of Trust
related
$1,744,000 · Branch Banking & Trust Co
—
—
Jerry T Dew SR.
—
Deed Of Trust
related
$1,850,000 · Rbc Bank (usa)
—
—
Stephens Center INC
—
Deed Of Trust
related
$249,000 · First Charter Bank
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.
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?”
You own 501 Atkinson St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
