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    OFF-MARKET
    Land

    12025 Cleveland Rd, Garner, NC 27529

    68.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 68.77-acre commercial land parcel presents a unique investment opportunity in Johnston County, North Carolina. Strategically located near the Wake County border, this property boasts unparalleled accessibility to Interstate 40 and the future I-540 extension, ensuring high visibility and convenient access for businesses and commuters. The site is zoned IHI, providing flexibility for a wide range of commercial developments. With an average daily traffic count of 14,000 vehicles, this location offers significant potential for high consumer traffic and brand exposure. The property's substantial size allows for large-scale projects, while existing on-site utilities simplify development and reduce upfront costs. This high-growth corridor offers significant long-term appreciation potential, making it an ideal investment for developers seeking a prime location in a rapidly expanding area. The address is 12025 Cleveland Road, Garner, NC 27529. This property is situated in a thriving area with excellent infrastructure and a strong local economy. The 68.77 acres provide ample space for a variety of commercial uses, making it an attractive option for businesses seeking a prominent location with high visibility and accessibility.

    Property profile
    Verified
    Property type Land
    Lot 68.77 ac (2,995,621 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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