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Property profile & analytics
OFF-MARKET
Warehouses

2301 Us-70 Garner, NC 27529

225,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 225,000-square-foot industrial property, situated on 21 acres in Wake County's Garner Business Park, offers immediate occupancy. Boasting a 32-foot clear ceiling height, the building features 23 loading docks (with additional knockout potential), two drive-in doors, and an ESFR sprinkler system. The structure is constructed of concrete tilt-up walls, a metal roof deck supported by structural steel, and includes gas-fired unit heaters. Ample power is provided by a 1,600A, 480V, 3-phase service, and 116 parking spaces are available. The property benefits from excellent visibility and access to Highway 70, placing it within easy reach of Downtown Raleigh, RDU International Airport, I-40, and I-440. Its location in Garner's rapidly growing area provides access to a strong labor pool from surrounding counties. Further enhancing its appeal is its proximity to the planned I-540 interchange (NCDOT) and its HI C257 - Heavy Industrial Conditional zoning within the Town of Garner jurisdiction. This property presents a unique opportunity within an Opportunity Zone, with a planned delivery in the first quarter of 2024. The building's dimensions are approximately 750 feet by 300 feet. The entire space is currently vacant.

Property profile
Verified
Property type Warehouses
Total area 225,000 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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