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    9563 Cleveland Rd Clayton, NC 27520

    Sponsored
    For Sale
    Contact for pricing

    Prime 25-acre residential development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 24.97-acre parcel of land presents a remarkable opportunity for residential development. Located at 9563 Cleveland Road in Clayton, North Carolina, this property boasts a highly desirable location near the intersection of I-40 and NC 42 Highway. The recent addition of a new I-40 access point on Cleveland Road significantly enhances accessibility and connectivity. Further enhancing its appeal, the anticipated opening of the I-40, NC 540 Highway, and US 70 Highway intersection in mid-2024 promises increased traffic flow and visibility. The property is situated within Johnston County's planning jurisdiction and is zoned Agricultural Residential (AR). Importantly, the future land use designation is planned for Medium Density Residential and Neighborhood Center development, making it ideally suited for a variety of residential projects. The property's size, location, and zoning make it an exceptional investment opportunity. The Johnston County Parcel Identification Numbers (PINs) are 163600-73-5810 and 163600-73-8689. This 24.97-acre site offers significant potential for developers seeking to capitalize on the growth and development occurring in the Clayton area. The proximity to major transportation arteries and the projected future land use designation combine to create a compelling investment proposition.

    Property Features for 9563 Cleveland Rd

    General Information

    Property type
    Land
    Lot Size
    1,087,693 SF

    HighLights

    • ±24.97 acres of land on Cleveland Road.
    • 2.5 miles to the new I‑40 interchange.
    • Zoned for Medium Density Residential and Neighborhood Center uses.
    • Johnston County parcels 163600‑73‑5810 and 163600‑73‑8689.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.536278293499
    Latitude
    35.573779707751

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    FAQs

    What type of property is this?
    Land - Prime 25-acre residential development site.
    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 acres of land on Cleveland Road.; 2.5 miles to the new I-40 interchange.; Zoned for Medium Density Residential and Neighborhood Center uses.
    (919) 576-2501
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    9563 Cleveland Rd Clayton, NC 27520
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    Clayton, NC 27520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9563 Cleveland Rd Clayton, NC 27520
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