For Sale

Listed by Owen Drugan and Faysal Merhi from Everest Ventures LLC

Source: Triangle MLS, Inc. #10171245

City Road, Clayton, NC, 27520

$2,400,000

975744 sq. ft.

Land

30+ days on the market

What's around City Road

About this property

For all Inquiries: Contact co-listing broker Faysal Merhi (919) - 760 - 0048 | Faysal@EverestCommercialGroup.com One of Four Parcels - part of an assemblage: ±30.8-acre residential assemblage located in Clayton consisting of four parcels (IDs: 05029021, 05E99007L, 05029021B, and 05E99007N). The site is currently zoned RLD, RMD, RLL and designated as "Downtown Residential" under the Town's Future Land Use Plan, positioning the property as a potential residential development opportunity within one of Johnston County's fastest-growing submarkets. From an infrastructure standpoint, municipal water and sewer appear to be available in the surrounding area based on Town GIS mapping and the utility exhibits provided. Buyers should independently verify utility capacity, off-site improvement requirements, connection points, and any utility extension obligations with the Town of Clayton. The site presents a compelling opportunity for a residential developer seeking scale within the growing Clayton market. Future development plans will likely need to carefully balance density, product type, traffic mitigation, and neighborhood compatibility to enhance entitlement feasibility and community support. Taxes estimated based on assessed value of this parcel and county mil rate. Buyers to independently check property taxes associated with each parcel.

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