131 Cornwallis Cmns Dr Clayton, NC 27520
- Land
- 5.70 lot acres
Current Use by Public Records
- Land
Property Details for 131 Cornwallis Cmns Dr
- Lot size
- 5.70 lot acres
- Property type
- Land
Description
This exceptional 5.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving Clayton, North Carolina market. Located at 131 Cornwallis Commons Dr., this pad-ready site boasts a prime location at a signalized intersection on NC Hwy 42, situated between I-40 and NC Hwy 70. Its strategic position ensures high visibility and accessibility, placing it within a rapidly expanding area experiencing significant growth. The property benefits from its adjacency to newly constructed Sheetz and Precision Tune Auto Care, further enhancing its commercial appeal. Included in the sale is membership in the Cornwallis Commons Owners Association. Utilities are already stubbed to the site, and a storm water retention pond is in place, minimizing development hurdles and expediting the construction process. The property is zoned GB-CZ (general business - conditional zoning), allowing for a broad range of retail and commercial uses. The seller is open to subdividing the property into smaller parcels, offering flexibility for various development scenarios. With a land value of $14 per square foot and an asking price of $3,476,088, this property represents a compelling investment prospect in a high-growth area. The property's APN is 163800-80-6227, located in Johnston County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clayton
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.5339
- Latitude
- 35.6182
