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    FOR SALE
    Commercial real estate

    165 Neuse River Pkwy, Clayton, NC 27527

    1,400 SF 2.75 ac lot Built 2002
    Property ID
    US53-1795939
    Property summary
    AI-generated overview

    This exceptional 2.75-acre commercial property at 165 Neuse River Parkway in Clayton, NC, presents a rare investment opportunity with significant potential. Currently operating as a thriving pool and tennis/pickleball recreation center, the 1,400 square foot facility sits on a highly desirable lot within the prestigious Flowers Plantation community. The property's zoning allows for continued operation of the existing recreational facilities or offers the exciting possibility of redevelopment. Pre-approved plans exist for a townhome community, subject to final specifications and site plan approval by Flowers Plantation. This flexibility makes this property ideal for a variety of investors, from those seeking a stable, income-producing asset to developers envisioning a new residential project. The location within Flowers Plantation ensures high visibility and accessibility, attracting both residents and visitors. The existing infrastructure provides a solid foundation for either continued operation or a seamless transition to a new development. This is a unique chance to acquire a versatile property in a thriving area with strong growth potential. The asking price is $725,000. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2002
    Total area 1,400 SF
    Lot 2.75 ac (119,790 SF)
    UPID US53-1795939
    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
    Current use
    Occupant on record · Public records
    • The Neuse Pool & Racquet Club Nightclub Music Venue
    • Neuse River Parkway Recreation Center Swimming Pool Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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