About This Home

This 0-bedroom, 0-bathroom commercial at 515 Central Street in Clayton, NC is listed for $385,000. on a 5.87 acres lot.

Key Features

  • 5.87 acre lot
Listing Description

Exceptional opportunity to acquire approximately 5.87 acres with strong residential development potential in the heart of Downtown Clayton. The offering consists of two parcels: 515 Central Street (0.84 acres +/-), which includes an abandoned/condemned home, and Lot 2 Hillcrest Circle (5.03 acres +/-).

The property offers road frontage and access to city water and sewer, with sewer infrastructure already in place, making it an attractive candidate for residential development. Can be purchased with APN 05037008E for contiguous 12.94 acres. Lot 2 Hillcrest Circle is zoned RHD (Residential High Density), while 515 Central Street is zoned RLL (Residential Large Lot), providing flexibility for future planning and development.

Ideally situated just off Main Street, the property enjoys convenient access to Downtown Clayton's restaurants, shops, entertainment, and amenities, as well as Business Highway 70 for easy commuting throughout the Triangle region. Rarely does a development tract of this size and location become available within Clayton's thriving downtown area. Builders and developers should explore the potential for a high-demand residential community in one of Johnston County's fastest-growing markets.

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

515 Central Street

Clayton, NC 27520

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 515 Central Street is listed at $385,000. The estimated monthly payment is $2,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 5.87 acre lot.

This property is listed by Terri Perry.

TP

Terri Perry

Agent at National Land Realty, Raleigh, NC

Listed by National Land Realty, Raleigh, NC · Broker phone: 855-384-5263

MLS# 11845570· Source: My State MLS· 136 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 Central Street, Clayton, NC 27520

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