Ramblewood Dr Clayton, NC 27520
- Land
- 22.02 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ramblewood Dr
- Lot size
- 22.02 lot acres
- Property type
- Land
Description
Exceptional investment opportunity in Clayton, NC. This 22.02-acre parcel, situated on Ramblewood Drive, presents a remarkable chance to develop a substantial residential community. The property boasts approved construction drawings for 154 units, a mix of 58 townhomes and 96 single-family detached homes. Conveniently located halfway between Downtown Clayton and I-40, with the planned I-540 extension nearby, this site is poised for significant growth. The land is zoned CZ-R, allowing for up to 8 units per acre, and is under the jurisdiction of the Town of Clayton. Extensive due diligence has already been completed, including a survey, wetlands delineation, Phase 1 environmental assessment, and geotechnical report. Johnston County PINs 164900-79-1785, 164900-78-3824, and 164900-69-6350 encompass the property. The strategic location along the US 70 Hwy Bypass, amidst significant ongoing residential, commercial, and industrial development, makes this a highly desirable and lucrative development prospect. The asking price for this exceptional opportunity is $6,500,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clayton
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.5063
- Latitude
- 35.6726
