11 Townhome Lot at Durham St Townhomes — Sale in Clayton, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Clayton, NC 27520

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11 Townhome Lot at Durham St Townhomes — Sale in Clayton, NC, photo 1 of 2
11 Townhome Lot at Durham St Townhomes — Sale in Clayton, NC, photo 2 of 2

Description

Marcus & Millichap is pleased to present the remaining 11 fee-simple townhome lots at Durham Street Townhomes, a 21-unit infill community inside the town limits of Clayton, North Carolina. The offering represents the final phase of a partially completed subdivision: ten units are built across two rows, eight have closed to individual homeowners for a combined $2,126,800, and the remaining 11 lots sit on two graded pads served by installed streets, curbs, gutters and utility mains. The horizontal work is complete. Streets, curbs, gutters, storm drainage and water and sewer mains are installed to all eleven lots, which are individually recorded on a plat of record with municipal addresses assigned and a homeowners association formed. Final paving, sidewalks and landscaping represent the balance of site work. A builder deploys capital into vertical construction on graded pads rather than into infrastructure and entitlement, against floor plans, elevations and pricing already tested across two completed phases. In a county that adopted a fiscal impact screening model for residential rezonings in June 2026 and is scheduled to vote on a comprehensive development ordinance rewrite in November, delivered infrastructure and a recorded plat carry real and growing scarcity value. Clayton anchors the eastern Research Triangle, roughly 16 miles from downtown Raleigh via the newly designated Interstate 42. Johnston County added more than 40,000 residents between 2020 and 2025, an 18.7% gain that ties for the second-fastest rate in North Carolina. The local employment base is unusually concentrated in high-wage pharmaceutical manufacturing: Novo Nordisk's $4.1 billion Clayton expansion, Grifols' plasma campus, and, countywide, the $918 million Vulcan Elements magnet facility announced in Benson in November 2025. A $135 million replacement Clayton High School and a UNC Health Johnston campus expansion exceeding $122 million are both under construction. The property lies within a de

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