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    Benson Rd Garner, NC 27529

    For Sale
    $750,000

    Prime Garner location, high-growth potential, retail zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3.05-acre parcel presents a compelling investment opportunity in the thriving town of Garner, North Carolina. Strategically situated on Benson Road, adjacent to the Garner Plaza Shopping Center, this property boasts a highly desirable Community Retail zoning designation, ideal for the development of townhomes or condominiums. Its prime location offers unparalleled accessibility, with close proximity to major thoroughfares including Highway 40, Highway 70, and the Highway 540 extension, ensuring convenient access for residents and businesses alike. The property includes a pre-existing CP&L easement, providing flexibility for electric line relocation at CP&L's expense, simplifying the development process. A driveway easement to an adjacent office complex further enhances accessibility and opens up additional development options. Furthermore, sewer lines are conveniently located at the rear of the property, streamlining infrastructure integration. Detailed documentation confirms CP&L's commitment to relocating power lines, eliminating a significant hurdle in the planning phase. This exceptional location, coupled with the existing infrastructure and zoning, positions this land for significant growth and substantial return on investment. Don't miss this chance to capitalize on the burgeoning Garner market and shape the future of Benson Road. The property is offered at $750,000.

    Property Features for Benson Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    132,858 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Garner
    County
    Wake
    State
    North Carolina
    Longitude
    -78.61422
    Latitude
    35.71106

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Garner location, high-growth potential, retail zoning.
    Where is this commercial real estate located?
    The property is located at Benson Rd Garner, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    (919) 275-5597
    Request Owner's contact information
    Benson Rd Garner, NC 27529
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Benson Rd Garner, NC 27529
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