Ramblewood Drive

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Ramblewood Drive

Clayton, NC 27520
Asking Price
$8.50M
Asset Type
Land
Class
Class B

What's Special

Located along Ramblewood Drive in Clayton, North Carolina, this land parcel is situated within a growing mix of residential and commercial developments. The property offers proximity to major retail corridors along US-70 and NC-42, providing access to local dining, service centers, and established shopping hubs. Its position near the I-40 and US-70 interchange facilitates regional connectivity to the Research Triangle Park and downtown Raleigh. The surrounding neighborhood is characterized by increasing suburban densification and ongoing infrastructure improvements designed to support local traffic flow. The site is suited for professional office space, light industrial facilities, or small-scale commercial development, aligning with the area’s transition toward service-oriented businesses. Ideal tenants or owners would include local medical practices, trade contractors requiring equipment storage, or professional service firms seeking a suburban satellite location. The property’s topography and frontage allow for flexible site planning consistent with Clayton’s unified development ordinances. This location serves businesses prioritizing convenient access for a local workforce and a growing residential customer base within Johnston County.

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NOI
$80,000
Cap Rate
0.94%
DSCR
0.16
Underwater
Cash-on-Cash
-16.65%
Monthly Payment
$42,053.362
Annual Cash Flow
$-424,640.347

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