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    OFF-MARKET
    Commercial real estate

    Benson Rd, Garner, NC 27529

    3.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.05 ac (132,858 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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