# 515 Central Street, Clayton, NC 27520 > **TL;DR:** commercial, $385,000. Est. $2,059/mo. Listed 137 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $385,000 | | Lot Size | 255,697 sqft (5.87 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 137 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,947 | | Estimated Insurance | $112 | | **Total** | **$2,059** | ## Property Highlights - 5.87 acre lot ## Description ### Agent 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. ## Location - **Address:** 515 Central Street, Clayton, NC 27520 - **County:** Johnston - **Coordinates:** 35.647629, -78.44788 - **Google Maps:** https://www.google.com/maps?q=35.647629,-78.44788 ## Listing Agent - **Name:** Terri Perry - **Brokerage:** National Land Realty, Raleigh, NC - **Broker Phone:** 855-384-5263 ## Photos ![515 Central Street - Photo 1](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f2606662573r.jpg) ![515 Central Street - Photo 2](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f1547372762r.jpg) ![515 Central Street - Photo 3](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3592111853r.jpg) ![515 Central Street - Photo 4](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f1224855479r.jpg) ![515 Central Street - Photo 5](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3190211323r.jpg) ![515 Central Street - Photo 6](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3363560575r.jpg) ![515 Central Street - Photo 7](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f735639217r.jpg) ![515 Central Street - Photo 8](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3849697499r.jpg) ![515 Central Street - Photo 9](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f1221476495r.jpg) ![515 Central Street - Photo 10](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3213181056r.jpg) ![515 Central Street - Photo 11](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f2256989486r.jpg) ![515 Central Street - Photo 12](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f242854713r.jpg) ![515 Central Street - Photo 13](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f62931742r.jpg) ![515 Central Street - Photo 14](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f1402498695r.jpg) ![515 Central Street - Photo 15](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3551780827r.jpg) ![515 Central Street - Photo 16](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f2944406423r.jpg) ![515 Central Street - Photo 17](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f2185372165r.jpg) ![515 Central Street - Photo 18](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3711994097r.jpg) ![515 Central Street - Photo 19](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f1368736869r.jpg) ![515 Central Street - Photo 20](http://lh.rdcpix.com/be7909ceeb304f6d8988b3bcb0085adfl-f3224256429r.jpg) --- **MLS#:** 11845570 | **Updated:** 2026-10-19 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/515-central-street-clayton-nc-27520-1ebdf0a3f1e94bbe8765dea20c608ea8) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/515-central-street-clayton-nc-27520-1ebdf0a3f1e94bbe8765dea20c608ea8#listing", "url": "https://www.propertysimple.ai/listing/515-central-street-clayton-nc-27520-1ebdf0a3f1e94bbe8765dea20c608ea8", "name": "515 Central Street, Clayton, NC 27520", "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 +/-). 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