Listing Agency: Lee & Associates - Raleigh Durham m***@lee-associates.com Show Phone

Listed By: Alyssa Byrd · License #NC 298106

Source: Crexi

Added: Jul 29, 2024 Changed: Aug 20 Last Checked: Aug 19 at 7:53PM

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Investment Insights

Based on property information with market context.

This is a \u00b124.97-acre site for sale on Cleveland Road in Clayton, near the intersection of I-40 and NC 42 Highway. The property is located in Johnston County and falls under its planning jurisdiction, with Agricultural Residential zoning. The future land use designation is Medium Density Residential and Neighborhood Center. Cleveland Road benefits from a new access point on I-40. The intersection of I-40, NC 540 Highway, and US 70 Highway is anticipated to open mid-2024.

Key Highlights

• ±24.97‑acre site suitable for development.
• Located near the I‑40/NC 42 Hwy intersection.
• Future land use designated as Medium Density Residential and Neighborhood Center.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Restaurant

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

105

Businesses Nearby

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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

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Frequently Asked Questions

What type of property is this?

Land - 24.97-acre site in Clayton near I-40 and NC 42.

Where is this land located?

The property is located at 9563 Cleveland Rd Clayton, NC.

What are key features of this property?

This property features: ±24.97‑acre site suitable for development.; Located near the I‑40/NC 42 Hwy intersection.; Future land use designated as Medium Density Residential and Neighborhood Center.