# 515 Central Street, Clayton, NC 27520

> **TL;DR:** land, $450,000. Est. $1,950/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Lot Size | 255,697 sqft (5.87 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Property Highlights

- 5.87 acre lot

## Description

### Agent Description
Exceptional opportunity to acquire approximately 5.87 acres with strong townhome 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. 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
- **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
- **Phone:** 9195849737
- **Email:** terri.perry@followupboss.me

## Primary Photo

![515 Central Street - Primary Photo](http://lh.rdcpix.com/16c644a42a0e2bd4d7034199dd559e49l-f2606662573r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/515-central-street-clayton-nc-27520-11845570)*

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**MLS#:** 11845570 | **Updated:** 2026-06-24
**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.com/listing/515-central-street-clayton-nc-27520-11845570)

---

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