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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Warehouses
5821 Us Hwy 70th W, Clayton, NC 27520-6313
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3042285
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
8,700 SF
Lot
1.89 ac (82,328 SF)
Zoning code
IND
APN
17J07005I
UPID
US53-3042285
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$873k
Blend (final)
Blend
$850k
Owner & transaction history
Donald Ray Basinger JR · 5 yrs held
Donald Ray Basinger JR
since 2021
4 recorded transactions
Zoning & alternative use
IND · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+62.0%
Auto repair, garage
$1.3M
+54.1%
Commercial (general)
$1.3M
+50.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$860,000
Current use
RETAIL STORES
$1,390,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,325,000
Change: +54% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,295,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,275,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$1,265,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10%
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
$98 / 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
$4,675
Tax year 2024
Assessed value
$576,510
Assessed 2024
Previous assessed
$404,150
+42.6% YoY
Effective rate
0.81%
On assessed value
Assessed land
$164,660
Assessed improvement
$411,850
Land market value
$164,660
Improvement market value
$411,850
Total market value
$576,510
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
5
Total area
8,700 SF
Lot
1.89 ac (82,328 SF)
Zoning code
IND
APN
17J07005I
UPID
US53-3042285
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
WAREHOUSE, STORAGE Current
Est. value
$860,000
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1994
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
1.89 ac
Current owner
From public records · entity-resolved
Donald Ray Basinger JR
Individual
Free & Clear · 5 yrs held
Mailing address
961 CORBETT RD, CLAYTON, NC 27520-6495
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2021
—
Donald Ray Basinger JR
Donald R Basinger JR
Intrafamily Transfer
related
—
Aug 17, 2016
$113,000
Carlos Andrade-ferman
York,vicki F & Harold J III
Warranty Deed
$107,350 · Self-help Cu
Dec 27, 2012
—
Ashley Braswell Realty LLC
Braswell,ashley W & Lorie S
Quit Claim Deed
related
—
Sep 16, 2009
—
Donald R Basinger JR.
Basinger,hennie S
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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