For Sale
$13,000,000

16577 Nc-50Garner, NC 27529

Johnston County commercial land, Hwy 50 frontage

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 50-acre property in Garner, Johnston County, North Carolina, presents a remarkable commercial development opportunity. Located on Highway 50, this land boasts convenient access to major transportation arteries, including I-540 (less than a mile in either direction) and I-40 (2 miles away). The property is zoned for commercial use and offers readily available water and sewer infrastructure. The site is strategically divided: 20 acres along Highway 50 are available as commercial lots, priced at $750,000 per acre, ideal for upscale restaurants and businesses. An additional 30+ acres are available at a price of $220,000 per acre, suitable for a variety of uses. This location is experiencing rapid growth, making it a prime investment in one of North Carolina's fastest-growing areas. The area already features two big-box stores at the Highway 42 and 50 intersection, with a Publix supermarket soon to open. This mixed-use development potential caters to multifamily, retail, and office ventures, promising significant returns. The asking price for the entire 50-acre parcel is $13,000,000. Don't miss this chance to capitalize on this thriving market. The property's address is 16577 NC-50, Garner, NC 27529.

Property Details for 16577 Nc-50

Property type
Land
Lot Size (sq. ft)
2,178,000 SF

Location Insight

City
Garner
County
Johnston
State
North Carolina
Latitude
35.5977062
Longitude
-78.6008688
16577 Nc-50, Garner, North Carolina

FAQs

What type of property is this?
Land - Johnston County commercial land, Hwy 50 frontage
Where is the land located?
The property is located at 16577 Nc-50 Garner, NC.
What is the asking price?
The asking price for this property is $13,000,000.
How can I contact the broker?
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16577 Nc-50
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