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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

42 & Old Drugstore Rd Garner, NC 27529

1.56 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.56 ac (67,954 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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