42 & Old Drugstore Rd Garner, NC 27529
This 1.34-acre outparcel presents a prime retail opportunity in Garner, NC, at the highly visible intersection of NC Highway 42 and Old Drugstore Road. Located approximately 0.4 miles west of the newly developed I-40/US Highway 42 interchange, this property benefits from a signalized intersection and proximity to a recently opened retail center directly across NC Highway 42. The site is zoned GB and offers build-to-suit (BTS) options for sale or lease, accommodating single or multi-tenant developments. Suitable uses include retail, restaurant, medical office, executive office, gas station, and multifamily. This high-growth area in Johnston County boasts excellent existing infrastructure, including curb and gutter, streets, electricity, gas, water, cable, telephone, and irrigation. The property's prominent location and versatile zoning make it an ideal investment for developers seeking a high-impact retail presence in a thriving market. Contact us for pricing and further details.
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.
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.