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Two-Single Family Rental Homes
For Sale
$675,000

123 & 121 New Rand Road, Garner, NC 27529

COMMERCIAL - Garner, NC

Property Size1,790 SF
Lot Size0.87 Acres
Price / SF$377.09
Days on Market47

Property Features for 123 & 121 New Rand Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning CMX
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Interior features Bathtub/Shower Combination, Ceiling Fan(s)
Appliances Electric Oven, Electric Range, Electric Water Heater, Range, Range Hood, Refrigerator
Subdivision Not in a Subdivision
Lot features City Lot, Corner Lot, Partially Cleared
Standard status Active
APN 171120804749000 0014194
Size 1,790 SF
Lot size 0.87 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lo17 & 18 Sherman A Yeargan Sub Bm1946-00022 & lot 21-24
Tax Annual Amount 4417
Legal Description Lo17 & 18 Sherman A Yeargan Sub Bm1946-00022 & lot 21-24

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Gas (Cooling), Electric, Ceiling Fan(s)
Water source Public

Building Details

Year built 1948
Floors in Building 1
Flooring type Carpet, Vinyl, Hardwood, Laminate
Building materials Aluminum Siding, Vinyl Siding
Roof type Shingle
Listing Agency: Fathom Realty NC
Listed By: Rhomni Williams · License #182491
Added: Jun 16 Changed: Jul 28 Last Checked: Aug 1 at 9:06AM
MLS# 10174354

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering features two side-by-side rental homes with separate addresses at 123 New Rand Road and 121 New Rand Road. The property includes 0.87 acres total and is currently used for rental income, with the site now zoned CMX (mixed use).

The homes are located on a corner of Hwy 70W and New Rand Rd. The listing notes the property is within a mile of I-40 and Wake Med Garner, and also within walking distance to downtown Garner.

For access and showings, the listing states not to enter the property without an appointment.

Key Highlights

  • Two homes side by side used for rental income, on a corner lot at Hwy 70W & New Rand Rd
  • 0.87‑acre property within a mile of I‑40 and close to WakeMed Garner, White Oak Shopping Center, and downtown Garner
  • Mixed‑use zoning listed for the property

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 27529, NC

54,250
Population
22,089
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
940
Density / Sq Mi
$86,426
Median Household Income
$47,686
Median Earnings
$1,379
Median Rent
$325,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Two side-by-side rental homes on a corner lot, now zoned CMX for mixed use redevelopment or continued income.
Where is this single family property located?
The property is located at 123 & 121 New Rand Road Garner, NC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two homes side by side used for rental income, on a corner lot at Hwy 70W & New Rand Rd; 0.87‑acre property within a mile of I‑40 and close to WakeMed Garner, White Oak Shopping Center, and downtown Garner; Mixed‑use zoning listed for the property
More about this property
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