Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Ramblewood Dr, Clayton, NC 27520

    22.02 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 22.02 ac (959,191 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Ramblewood Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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