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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

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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.

PROPERTY FACTS

Price $1,897,500 - $8,174,710
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Multifamily
  • Single Family Development
Total Lot Size 35.43 AC
Zoning AR - Agricultural Residential

3 LOTS AVAILABLE

Lot 1

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
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
Price Per AC $330,328.59
Lot Size 7.03 AC

DESCRIPTION

Surrounded by more than 40 residential communities.

  • Listing ID: 34874983

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 3986 NC Highway 42 E, Clayton, NC 27527

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