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16577 L Nc #50, Garner, NC 27529

$850,000

Premier Commercial Development Opportunity - 20 One-Acre Commercial Lots Available Position your business or investment in one of the fastest-growing commercial corridors in North Carolina. This exceptional offering features 20 commercial lots of approximately one acre each, located along highly traveled NC Highway 50 in Garner, NC. Lots may be purchased individually or assembled to accommodate larger developments. The commercial acreage is part of a 50-acre mixed-use development, with 30 acres already under contract for multifamily residential, creating a built-in customer base and strong long-term demand for commercial services. Strategically located at the intersection of NC Highway 50 and NC Highway 42, this property offers outstanding visibility, easy access, and tremendous future growth potential. Public water and sewer will serve the development, making these sites ideal for retail, restaurants, medical offices, professional services, financial institutions, hospitality, fitness, daycare, and other commercial uses. The area is already anchored by major national retailers, including Publix, Food Lion, Lowe's Foods, Sheetz, along with the thriving Common Creek Shopping Center and Middle Creek Crossings, all located nearby. With the I-540 Southern Wake Expressway less than one-half mile away, this corridor is experiencing unprecedented residential and commercial growth, making it one of the premier investment opportunities in both Wake and Johnston Counties. Whether you're an owner-user, developer, or investor, this is a rare opportunity to secure premium commercial frontage in one of the Triangle's most desirable expansion corridors. Highlights 20 commercial lots available (approximately 1 acre each) Individual lots or assemblages available Offered at $800,000 per acre Part of a 50-acre mixed-use development 30 acres under contract for multifamily residential Public water and sewer Highway 50 frontage with excellent visibility Less than ½ mile from the new I-540 interchange Minutes to Raleigh, Garner, Fuquay-Varina and Clayton Approximately 35 minutes to Raleigh-Durham International Airport (RDU) Outstanding opportunity for retail, restaurant, medical, office, hospitality, and service-oriented businesses The future of commercial growth is happening here. Secure your location today in one of the Triangle's most dynamic and rapidly expanding corridors.

Highlights

  • Commercial Sale
  • Unimproved Land
  • 1.0 Acre Lot
  • 61 days on Market

  • Construction Materials
    Other, See Remarks
  • Interior Features
    High Speed Internet

  • Acres
    1.0
  • Lot Features
    Level, Cleared, Open Lot
  • Utilities
    Cable Available, Sewer Available, Electricity Available, Water Available, Phone Available

  • County
    Johnston
  • City
    Garner
  • Zip Code
    27529

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Frequently Asked Questions

How do I schedule a tour of 16577 L Nc #50?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 16577 L Nc #50.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 16577 L Nc #50?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $850,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Garner, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 16577 L Nc #50?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 16577 L Nc #50 at around $4,900. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 16577 L Nc #50?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Johnston County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 16577 L Nc #50?

In most cases, yes. Whether 16577 L Nc #50 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Garner's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 16577 L Nc #50?

We can handle that for you. Our preferred local agent specializes in commercial sales in Garner and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

16577 L Nc #50 was listed on September 15, 2026, which means it's been on the market for 61 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

16577 L Nc #50 sits on a 1.0-acre lot, which is 43,560 square feet.

What are the property taxes for 16577 L Nc #50?

The most recent public record shows annual property taxes for 16577 L Nc #50 were approximately $752. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 16577 L Nc #50 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Triangle MLS. All rights reserved.

Last Updated: November 15, 2026 at 12:27AM | Source: Triangle MLS | MLS#: 10192827