42 & Old Drugstore Rd Garner, NC 27529
This exceptional 1.56-acre retail property is situated at the highly visible intersection of NC Highway 42 and Old Drugstore Road in Garner, North Carolina (zip code 27529), Wake County. Located approximately four-tenths of a mile west of the newly developed I-40/US Highway 42 interchange, this site benefits from a signalized intersection and proximity to a recently opened retail center directly across NC Highway 42. The property is zoned GB and offers build-to-suit (BTS) options for single or multi-tenant occupancy, catering to a variety of uses including retail, restaurant, medical, office, gas station, and multifamily developments. Existing infrastructure includes curb and gutter, streets, electricity, gas, water, cable, telephone, and irrigation. This high-growth area in Johnston County presents a unique opportunity for businesses seeking a prominent location with excellent visibility and accessibility. The property is currently available for sale or lease. Inquire for pricing and lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.