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    1965 Benson Rd Garner, NC 27529

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    For Sale
    Contact for pricing

    ±50 Acres, High Growth Area, Negotiable Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity encompasses approximately 50 acres of prime agricultural land in Garner, North Carolina. Strategically located with convenient access to major transportation arteries, including Highway 50, Highway 70, and the future I-540 expansion, this property presents significant potential for future development. The land is comprised of two separate parcels, totaling 49.58 acres. One parcel features 39.5 acres (PIN# 1619896743), while the other comprises 10.08 acres (PIN# 1710800554). Currently zoned for agricultural use, this property offers a compelling opportunity for rezoning to accommodate various residential developments, including single-family homes, townhomes, or apartments. The area is experiencing robust growth, making this a highly attractive investment in a high-demand location. The North Carolina Department of Transportation (NCDOT) is currently widening I-540 south of Lake Benson, further enhancing the property's accessibility and future value. The purchase price is negotiable, presenting a flexible opportunity for serious investors. This is a rare chance to acquire a substantial land holding in a rapidly developing area with excellent infrastructure and growth potential. Don't miss this chance to secure a piece of Garner's future.

    Property Features for 1965 Benson Rd

    General Information

    Property type
    Farms
    Lot Size
    439,085 SF

    HighLights

    • 49.58‑acre site comprised of two parcels (PINs 1619896743 & 1710800554, 39.50 acres and 10.08 acres respectively), currently zoned Agricultural.
    • Located in a high‑growth corridor.
    • Excellent opportunity for rezoning to accommodate single‑family, townhome, and multifamily development.
    • Improved accessibility via the NCDOT's I‑540 widening project south of Lake Benson.
    • Negotiable price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6009902
    Latitude
    35.6730367

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    FAQs

    What type of property is this?
    Farm - ±50 Acres, High Growth Area, Negotiable Price
    Where is this farm located?
    The property is located at 1965 Benson Rd Garner, NC.
    What are key features of this property?
    This property features: 49.58-acre site comprised of two parcels (PINs 1619896743 & 1710800554, 39.50 acres and 10.08 acres respectively), currently zoned Agricultural.; Located in a high-growth corridor.; Excellent opportunity for rezoning to accommodate single-family, townhome, and multifamily development.
    Request Owner's contact information
    1965 Benson Rd Garner, NC 27529
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    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
    1965 Benson Rd Garner, NC 27529
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