0 Benson Rd Garner, NC 27529
This exceptional 3.05-acre commercial land parcel presents a compelling investment opportunity in the thriving town of Garner, North Carolina. Located on Benson Road, adjacent to the Garner Plaza Shopping Center, this property boasts a highly desirable CR/CMX zoning designation, ideal for a variety of commercial developments, including townhomes and condominiums. The property's strategic location offers unparalleled accessibility and visibility. A significant advantage is the existing CP&L easement, with a commitment to relocate power lines at their expense, streamlining the development process. Further enhancing development potential is a driveway easement to an adjacent office complex and readily available sewer lines at the property's rear. Previously occupied by a nursery and kindergarten, the land is now vacant and ready for immediate development. The APN is 1711.19-51-3109-000. This is a rare chance to acquire a well-positioned, infrastructure-ready site poised for significant growth and return on investment in a rapidly expanding area. The asking price is $750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.