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3986 NC Highway 42 E 5.75 - 22.65 Acre Residential Land Lots Offered at $1,897,500 - $3,955,000 Per Lot in Clayton, NC 27527
Investment Highlights
- Traffic count on HWY 42 exceeds 18,000 cars per day
- North Waterfront District planned for 2025 delivery
Executive Summary
Three lots totaling up to ±35.5 acres available adjacent to Flowers Crossroads, a highly desirable retail village featuring Publix and Harris Teeter as well as several eateries and
retail shops. This mixed-use opportunity is located in Clayton, NC, fronting NC 42E.
retail shops. This mixed-use opportunity is located in Clayton, NC, fronting NC 42E.
Property Facts
| Price | $1,897,500 - $8,174,710 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 3 | Total Lot Size | 35.43 AC |
| Property Type | Land | ||
| Zoning | AR - Agricultural Residential | ||
| Price | $1,897,500 - $8,174,710 |
| Sale Type | Investment |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 35.43 AC |
| Zoning | AR - Agricultural Residential |
3 Lots Available
Lot 1
| Price | $3,955,000 | Lot Size | 22.65 AC |
| Price Per AC | $174,613.69 |
| Price | $3,955,000 |
| Price Per AC | $174,613.69 |
| Lot Size | 22.65 AC |
Lot 1 Under Contract
Lot 2
| Price | $1,897,500 | Lot Size | 5.75 AC |
| Price Per AC | $330,000.00 |
| Price | $1,897,500 |
| Price Per AC | $330,000.00 |
| Lot Size | 5.75 AC |
*Lot 2 - there is a cell tower located on this site that does not convey with the sale of the parcel. There is a 195’ radius around the tower and the lot sized is reduced to ±5.75 acres.
Lot 3
| Price | $2,322,210 | Lot Size | 7.03 AC |
| Price Per AC | $330,328.59 |
| Price | $2,322,210 |
| Price Per AC | $330,328.59 |
| Lot Size | 7.03 AC |
Description
Surrounded by more than 40 residential communities.
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3986 NC Highway 42 E
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