Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

A rare opportunity to acquire a 0.92-acre parcel on the hard corner of a signalized intersection in the fast-growing Johnston County market. The site benefits from strong visibility and easy two-way access along Cleveland Road and Cornwallis Road, which carry a combined traffic volume exceeding 19,000 vehicles per day. Approved for a drive-thru restaurant, this property offers a shovel-ready retail development site surrounded by complementary commercial uses, including a recently constructed Handy Mart and nearby Hardee’s.
The location is within close proximity to the I-40 and NC-42 interchange, offering direct connectivity to the growing suburban communities of Clayton and Garner as well as downtown Raleigh, just a 20-minute drive away. Johnston County has experienced more than 15% population growth since 2020, providing a strong foundation for retail demand. With approximately 0.25 acres of adjacent land listed for sale and nearby residential and commercial expansion underway, this corner site provides future upside through potential assemblage or redevelopment opportunities.

Property Facts

Price $1,868,309 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
Total Lot Size 0.92 AC
Zoning GB - GB- General Business

1 Lot Available

Lot

Price $1,868,309 CAD
Price Per AC $2,030,770.40 CAD
Lot Size 0.92 AC

Description

2791 Cornwallis Road is a 0.92-acre parcel situated at the southwest corner of Cleveland Road and Cornwallis Road in Garner, North Carolina. The property is part of Johnston County and is positioned approximately 1.5 miles from the I-40/NC-42 interchange and the 540 Outer Loop extension. Cleveland Road reports an average daily traffic volume of 13,000 vehicles, while Cornwallis Road accounts for 6,000 vehicles. The site provides approximately 175 feet of frontage on Cleveland Road and 200 feet on Cornwallis Road. Access is supported by a signalized intersection, and utilities include gravity sewer service adjacent to the site. The parcel has approved plans for a drive-thru configuration and sits within proximity to existing retail, convenience stores, and educational facilities.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
06E03199E
Land Assessment
$353,052 CAD
Improvements Assessment
$40,264 CAD
Total Assessment
$393,316 CAD
  • Listing ID: 40409170

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 2791 Cornwallis Rd, Garner, NC 27529

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}