4880 Nc Highway 42Clayton, NC 27527

Property Details for 4880 Nc Highway 42

Year built

1900

Lot size

1.04 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,007,874

  6.5%

  $930,345

  7%

  $863,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,100,712

  Geo Method

  $954,427

• Alternative Use

  Use

  Valuation

  Residential

  $1,153,628

  Hospitality

  $1,056,717

  Educational

  $879,176

  Medical

  $909,413

  Retail

  $1,367,608

Location Insight

City

Clayton

County

Johnston

State

North Carolina

Latitude

35.6533

Longitude

-78.3445

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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