Downtown Clayton, NC Residential Development Opportunity
Strong Townhome Development Potential in the Heart of Downtown Clayton, NC
Marketing description
Exceptional opportunity to acquire approximately 5.87 acres with strong townhome development potential in the heart of Downtown Clayton. The offering consists of two parcels: 515 Central Street (0.84 acres ±), which includes an abandoned/condemned home, and Lot 2 Hillcrest Circle (5.03 acres ±). The property offers road frontage and access to city water and sewer, with sewer infrastructure already in place, making it an attractive candidate for residential development. Lot 2 Hillcrest Circle is zoned RHD (Residential High Density), while 515 Central Street is zoned RLL (Residential Large Lot), providing flexibility for future planning and development. Ideally situated just off Main Street, the property enjoys convenient access to Downtown Clayton's restaurants, shops, entertainment, and amenities, as well as Business Highway 70 for easy commuting throughout the Triangle region. Rarely does a development tract of this size and location become available within Clayton's thriving downtown area. Builders and developers should explore the potential for a high-demand residential community in one of Johnston County's fastest-growing markets.
Investment highlights
- Click to view the Digital Offering Memorandum
- Two parcels : 5.03 Acres +/- zoned for Residential High Density and .84 acres zoned Residential Large Lot.
- Excellent residential townhome development potential near Downtown Clayton with access to city water and sewer.
- Strong upside potential - priced aggressively!
- Ideally located near Main Street, Downtown Clayton, just off Business Hwy 70.
- Abandoned home/septic/well on the .84 acre parcel (515 Central Street). No records of the septic permit with the Town. 10' Utility Easement located on Lot 2, Hillcrest Circle. See LA for details.
- 5.03 Acre parcel is already zoned for Residential High Density, providing a strong foundation for future residential development potential.
- 20' Sewer Easement on both parcels, so less infrastructure to install and potentially lower development costs.
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