Search
Downtown Development Land Tract
For Sale
$450,000

515 Central Street, Clayton, NC 27520

COMMERCIAL - Clayton, NC

Property SizeContact for details
Lot Size5.87 Acres
Days on Market63

Property Features for 515 Central Street

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions Take I-40 East to US-70 Business East / Clayton. Continue into downtown Clayton on E Main Street. Turn onto Central Street. Follow Central Street to its end; the property is located at the terminus of the road.
Standard status Active
APN 166918-31-9081 and 166918-41-1304
Lot size 5.87 Acres
Listing Agency: National Land Realty, Raleigh, NC
Listed By: Terri Perry
Added: Jun 14 Changed: Aug 4 Last Checked: Aug 15 at 12:06PM
MLS# 11845570

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This listing offers a multi-parcel development tract totaling approximately 5.87 acres, comprised of two parcels: 515 Central Street (0.84 acres +/-) and Lot 2 Hillcrest Circle (5.03 acres +/-). 515 Central Street includes an abandoned/condemned home. Lot 2 Hillcrest Circle is zoned RHD (Residential High Density), while 515 Central Street is zoned RLL (Residential Large Lot), providing flexibility for future site planning.

The property has road frontage and access to city water and sewer, with sewer infrastructure already in place. It is situated in the heart of Downtown Clayton, just off Main Street, with convenient access to Business Highway 70 for commuting throughout the Triangle region.

Overall, the configuration supports residential redevelopment across two zoning classifications within a single consolidated offering, with municipal utility connections already addressed for sewer.

Key Highlights

  • Approximately 5.87 acres in Downtown Clayton with road frontage and access to city water and sewer.
  • Two‑parcel offering: 515 Central Street (0.84 acres +/-) and Lot 2 Hillcrest Circle (5.03 acres +/-).
  • Sewer infrastructure is already in place for development planning.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Dental Office Storage Facility Building Supply (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 27520, NC

46,478
Population
18,540
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
70.8 sq mi
ZIP Area
656
Density / Sq Mi
$84,545
Median Household Income
$45,147
Median Earnings
$1,430
Median Rent
$282,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-parcel tract with road frontage, city water/sewer access, and zoning for residential high-density and large-lot development.
Where is this residential land & home lot located?
The property is located at 515 Central Street Clayton, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 5.87 acres in Downtown Clayton with road frontage and access to city water and sewer.; Two‑parcel offering: 515 Central Street (0.84 acres +/-) and Lot 2 Hillcrest Circle (5.03 acres +/-).; Sewer infrastructure is already in place for development planning.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message