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2791 Cornwallis Rd - 2791 Cornwallis Rd 0.92 Acres of Commercial Land Offered at $1,375,000 in Garner, NC 27529
Investment Highlights
- drive-thru approved
- hard corner signalized intersection
Executive Summary
Approved plans for a drive-thru restaurant
Located in Garner, NC just west of Clayton, NC with a ~20
min drive to downtown Raleigh in Johnston County, the
state of NC’s fastest growing county (15.7% since 2020)
Hard corner of a signalized intersection within 1.5 miles
from the I-40 and 42 interchange and the new 540
outer loop extension
~25 acres behind the site currently listed for sale
providing additional upside from potential future
neighboring development
New construction Handy Mart Gas/C-store across the
street on the northwest corner
1 mile and 3 mile Median Household Income of $100k+
Located in Garner, NC just west of Clayton, NC with a ~20
min drive to downtown Raleigh in Johnston County, the
state of NC’s fastest growing county (15.7% since 2020)
Hard corner of a signalized intersection within 1.5 miles
from the I-40 and 42 interchange and the new 540
outer loop extension
~25 acres behind the site currently listed for sale
providing additional upside from potential future
neighboring development
New construction Handy Mart Gas/C-store across the
street on the northwest corner
1 mile and 3 mile Median Household Income of $100k+
Property Facts
| Price | $1,375,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.92 AC |
| Property Type | Land | ||
| Zoning | GB - GB- General Business | ||
| Price | $1,375,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.92 AC |
| Zoning | GB - GB- General Business |
1 Lot Available
Lot
| Price | $1,375,000 | Lot Size | 0.92 AC |
| Price Per AC | $1,494,565.22 |
| Price | $1,375,000 |
| Price Per AC | $1,494,565.22 |
| Lot Size | 0.92 AC |
Zoning: GB - General Business Utilities: Gravity sewer located across Cleveland Rd (see plans) Frontage: ~ 175' on Cleveland Rd, ~200' on Cornwallis Rd Access: Approved access from Cleveland Rd and Cornwallis Rd Traffic: 13k VPD on Cleveland Rd
1 1
Property Taxes
| Parcel Number | 06E03199E | Improvements Assessment | $29,250 |
| Land Assessment | $256,480 | Total Assessment | $285,730 |
Property Taxes
Parcel Number
06E03199E
Land Assessment
$256,480
Improvements Assessment
$29,250
Total Assessment
$285,730
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2791 Cornwallis Rd - 2791 Cornwallis Rd
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