Benson Rd, Garner, NC 27529
This exceptional 3.05-acre parcel presents a compelling investment opportunity in the thriving town of Garner, North Carolina. Strategically situated on Benson Road, adjacent to the Garner Plaza Shopping Center, this property boasts a highly desirable Community Retail zoning designation, ideal for the development of townhomes or condominiums. Its prime location offers unparalleled accessibility, with close proximity to major thoroughfares including Highway 40, Highway 70, and the Highway 540 extension, ensuring convenient access for residents and businesses alike. The property includes a pre-existing CP&L easement, providing flexibility for electric line relocation at CP&L's expense, simplifying the development process. A driveway easement to an adjacent office complex further enhances accessibility and opens up additional development options. Furthermore, sewer lines are conveniently located at the rear of the property, streamlining infrastructure integration. Detailed documentation confirms CP&L's commitment to relocating power lines, eliminating a significant hurdle in the planning phase. This exceptional location, coupled with the existing infrastructure and zoning, positions this land for significant growth and substantial return on investment. Don't miss this chance to capitalize on the burgeoning Garner market and shape the future of Benson Road. The property is offered at $750,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.