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$500,000

868 Durham St, Clayton, NC 27520

Residential land & home lots

Property SizeContact for details
Days on Market5

Property Features for 868 Durham St

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Located in a designated Qualified Opportunity Zone (Census Tract 410.01), in effect through December 31, 2028, offering qualified investors capital gains deferral and step-up treatment.
Curbs, gutters and utilities are installed and the street carries its base asphalt lift. Remaining horizontal work is limited to final paving, sidewalks and landscaping.
Eleven recorded fee-simple townhome lots offered at $550,000, a 10.7% discount to the $616,000 aggregate Johnston County assessed value of $56,000 per lot.
Ten of 21 units are built and eight have closed. Floor plans, elevations, HOA and pricing are all established, so a buyer inherits a proven product rather than an untested concept.
Johnston County grew 18.7% since 2020, tied second-fastest in North Carolina. Novo Nordisk's $4.1B Clayton expansion and Grifols anchor a high-wage pharmaceutical employment base.
Recorded plat, assigned addresses and installed infrastructure remove 12-18 months of entitlement and horizontal work as Johnston County tightens residential development approvals.
Listing Agency: Marcus & Millichap | Charlotte Uptown
Listed By: Hunter McIntosh · License #License(s): NC: 355149
Source: Marcusmillichap
Added: Sep 6 Changed: Sep 8 Last Checked: Sep 9 at 5:41AM

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 Marcus & Millichap | Charlotte Uptown

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Storage Facility Big Box & Wholesale Store Auto Parts Store Garden Center 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.

Location Intelligence

Trade Area within ½ mile

264
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
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Frequently Asked Questions

Where is this residential land & home lot located?
The property is located at 868 Durham St Clayton, NC.
What is the asking price?
The asking price for this property is $500,000.
More about this property
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