Property profile

9563 Cleveland Rd Clayton, NC 27520

FOR SALE
Land
Property ID
US53-0967584
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Property summary

AI-generated overview

±24.97-acre site for sale on Cleveland Road in Clayton near the I-40/NC 42 Hwy intersection. Cleveland Road has a new access point on I-40, and the intersection of I-40, NC 540 Hwy and US 70 Hwy is anticipated to open mid-2024. The property is in Johnston County’s planning jurisdiction and zoned Agricultural Residential. The future land use is designated as Medium Density Residential and Neighborhood Center.

Property profile

Verified
Property type Land
UPID US53-0967584

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9563 Cleveland Rd Clayton, NC 27520
Clayton metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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