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2322 Amelia Church Rd

38.74 Acres of Commercial Land in Clayton, NC 27520

Executive Summary

Avison Young is pleased to present the opportunity to purchase a remarkable ±38.74-acre property in Clayton, North Carolina, slightly
north of Highway 70 Business and just south of Highway 42. The property is currently zoned R-E, with a mainly flat topography and a manmade stormwater pond. The buyer will have an opportunity to rezone the property, enabling the development of a three-story walk-up surfacepark product similar to the nearby Amelia Station, which boasts a 99.5% occupancy rate and 16% annual effective rent growth year-over-year for 216 Class A multifamily units. The site would also lend itself for a build to-rent product for either single-family or townhome development as the population of Clayton continues to grow.

Attachments

2322 Amelia Chruch Rd.

Property Facts

Sale Type Investment Property Subtype Commercial
No. Lots 1 Proposed Use
Multifamily
  • Manufactured Homes or Mobile Home Park
  • Single Family Residence
Property Type Land Total Lot Size 38.74 AC
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Manufactured Homes or Mobile Home Park
  • Single Family Residence
Total Lot Size 38.74 AC

1 Lot Available

Lot

Lot Size 38.74 AC
Lot Size 38.74 AC

Description

The property is located between downtown Clayton and Clayton Medical Park, which serves the Johnston County Market. The location benefits from recent retail development at Highway 42, continued interest in expanding the Johnston County Medical Park and migration from large urban cores to suburban communities. Clayton has remained a strong market for investment/development throughout the COVID-19 pandemic due to ease of access to Interstate 40, net migration and continued growth in commercial/residential property values. This growing location allows access to Johnston County Regional Airport in 15 minutes, downtown Raleigh in 25 minutes, RDU International Airport in 35 minutes, and the North Carolina coast in less than two hours

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PROPERTY TAXES

Parcel Number 05G03069 Improvements Assessment £0
Land Assessment £200,096 Total Assessment £200,096

PROPERTY TAXES

Parcel Number
05G03069
Land Assessment
£200,096
Improvements Assessment
£0
Total Assessment
£200,096

zoning

Zoning Code R-E (Residential)
R-E (Residential)
(919) 291-5650

Contacts

  • Listing ID: 30139777

  • Date on Market: 21/11/2023

  • Last Updated:

  • Address: 2322 Amelia Church Rd, Clayton, NC 27520

The Land Property at 2322 Amelia Church Rd, Clayton, NC 27520 is currently available for sale. Contact Avison Young for more information.

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2322 Amelia Church Rd, Clayton, NC for sale Primary Photo- Image 1 of 2
2232 Amelia Church Rd.

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© 2024 CoStar Group

2322 Amelia Church Rd
(919) 291-5650 x

2322 Amelia Church Rd

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Steven Peden

(919) 291-5650

(919) 291-5650

Kyle Gonzalez

(919) 866-4273

(919) 866-4273

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