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Property profile & analytics
OFF-MARKET
Estimated value
$95,160,000
Warehouses
977 Shotwell Rd, Clayton, NC 27520-5125
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5622014
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
691,230 SF
Lot
106.53 ac (4,640,447 SF)
Zoning code
IND
APN
05G02002U
UPID
US53-5622014
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
-
A&A realty Distribution Center Logistics Company
-
ProLogistix Employment Agency
-
LB&B Associates Distribution Center Logistics Company
-
Implus Distribution Center Logistics Company
-
Red Classic Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$87.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$95.16M
Owner & transaction history
Ksip I Cdc LLC · 4 yrs held
Ksip I Cdc LLC
since 2022
Last sale
$98.0M
7 recorded transactions
Zoning & alternative use
IND · Clayton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$154.3M
+126.0%
Office building
$144.7M
+112.1%
Retail stores
$110.6M
+62.0%
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
$97,300,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$94,605,000
6.5%
$87,330,000
7%
$81,090,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$68,245,000
Current use
RESTAURANT
$154,255,000
Change: +126% · Conversion: Difficult
OFFICE BUILDING
$144,735,000
Change: +112% · Conversion: Difficult
RETAIL STORES
$110,570,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$105,130,000
Change: +54% · Conversion: Easy
COMMERCIAL (GENERAL)
$102,975,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$101,350,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$100,475,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$95.16M
Range $85.64M – $104.68M · ±10% · vs last sale $98.00M (Jul 5 2022)
Last sale anchor
$98.00M
Jul 5 2022
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
$138 / 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
$380,198
Tax year 2024
Assessed value
$28,802,910
Assessed 2024
Previous assessed
$28,802,910
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$3,287,610
Assessed improvement
$25,515,300
Land market value
$3,287,610
Improvement market value
$25,515,300
Total market value
$28,802,910
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
1997
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Bathrooms
21
Total area
691,230 SF
Lot
106.53 ac (4,640,447 SF)
Zoning code
IND
APN
05G02002U
UPID
US53-5622014
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
$68.2M
RESTAURANT
Est. value
$154.3M
OFFICE BUILDING
Est. value
$144.7M
RETAIL STORES
Est. value
$110.6M
AUTO REPAIR, GARAGE
Est. value
$105.1M
COMMERCIAL (GENERAL)
Est. value
$103.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$101.4M
MEDICAL BUILDING
Est. value
$100.5M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Bathrooms
21
Lot
106.53 ac
Current owner
From public records · entity-resolved
Ksip I Cdc LLC
Entity
Mailing address
725 CONSHOHOCKEN STATE RD, BALA CYNWYD, PA 19004-2122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
$98,000,000
Ksip I Cdc LLC
Sif Cdc LLC
Special Warranty Deed
$74,327,000 · Areeif Lender B LLC
Aug 16, 2019
$49,076,000
Sif Cdc LLC
Crown Raleigh III LLC
Special Warranty Deed
$31,900,000 · Webster Bank NA
Oct 17, 2007
$30,625,000
Crown-raleigh III LLC
Jer Clayton LLC
Grant Deed
$23,250,000 · Bank Of America
Aug 2, 2006
$3,300,000
Walthom Group Vii LLC
Jer Clayton LLC
Grant Deed
$3,200,000 · Suntrust Bank NA
Jan 9, 2006
$38,000,000
Jer Clayton LLC
Clayton Of Pita LLC
Quit Claim Deed
related
$27,500,000 · Wells Fargo Bank
Jul 13, 2005
$45,000,000
Clayton Of Ptta LLC
Wooten Louis E III
Trustees Deed
—
—
—
Crown-raleigh III LLC
—
Deed Of Trust
related
$11,000,000 · Bank Of America
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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