Search
Residential Development Land Tract
For Sale
$450,000

515 Central Street, Clayton, NC 27520

Two connected parcels total about 5.87 acres with road frontage and city water/sewer access for residential development.

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

Property Features for 515 Central Street

General Information

Standard status Active
Lot size 5.87 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

Lot Size Acres: 5.87
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Township: Johnston County
Listing Agency: National Land Realty, Raleigh, NC
Listed By: Terri Perry
Source: Doyle-realty
Added: Jun 14 Changed: Aug 8 Last Checked: Jul 17 at 3:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of National Land Realty, Raleigh, NC

Investment Insights

Based on property information with market context.

This offering consists of two parcels totaling approximately 5.87 acres, including 515 Central Street (about 0.84 acres) and Lot 2 Hillcrest Circle (about 5.03 acres). 515 Central Street includes an abandoned/condemned home, while the larger parcel is positioned for residential planning. The property includes road frontage and access to city water and sewer, with sewer infrastructure already in place.

Lot 2 Hillcrest Circle is zoned RHD (Residential High Density), while 515 Central Street is zoned RLL (Residential Large Lot), providing flexibility for future layout and phasing. The tract is located just off Main Street for convenient access to Downtown Clayton’s restaurants, shops, entertainment, and amenities.

For development planning, the combination of frontage, municipal utility access, and zoning on both parcels makes this site a practical option for residential project design within Clayton.

Key Highlights

  • About 5.87 acres for residential development in Downtown Clayton, consisting of two parcels: 515 Central Street (0.84 acres) and Lot 2 Hillcrest Circle (5.03 acres).
  • Road frontage and access to city water and sewer, with sewer infrastructure already in place.
  • Lot 2 Hillcrest Circle is zoned RHD (Residential High Density).

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 connected parcels total about 5.87 acres with road frontage and city water/sewer access for residential 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: About 5.87 acres for residential development in Downtown Clayton, consisting of two parcels: 515 Central Street (0.84 acres) and Lot 2 Hillcrest Circle (5.03 acres).; Road frontage and access to city water and sewer, with sewer infrastructure already in place.; Lot 2 Hillcrest Circle is zoned RHD (Residential High Density).
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