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Property profile & analytics
OFF-MARKET
Commercial real estate

5266 Cornwallis Rd Garner, NC 27529

10 ac lot
Property ID
US53-2095987
Property summary
AI-generated overview

Exceptional 16.14-acre commercial/residential land parcel situated at the high-traffic intersection of Hwy 42 (soon to be Hwy 36) and Cornwallis Rd in rapidly growing Johnston County, NC. This highly visible location offers unparalleled versatility and development potential. The property can be purchased individually or as part of a larger assemblage totaling 25 acres. Its strategic location provides easy access to I-40 (1.7 miles), the future 540 Expressway (3.8 miles), and the new I-42 (approximately 1.8 miles). Nearby amenities include Johnston Health Clayton (2.4 miles) and Downtown Clayton (4.2 miles). The area is experiencing significant residential growth, creating a strong demand for commercial and retail development. This unique opportunity presents a rare chance to capitalize on the explosive growth in Johnston County, one of North Carolina's fastest-growing counties. The adjacent 20-acre parcel has recently been sold, further highlighting the area's desirability. This site's size, visibility, and location make it ideal for a variety of development projects. The property's zoning and potential uses should be verified independently. The address is 5266 Cornwallis Rd, Garner, NC 27529.

Property profile
Verified
Property type Commercial real estate
Lot 10 ac (435,600 SF)
UPID US53-2095987
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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