Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    42 & Old Drugstore Rd, Garner, NC 27529

    0.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail center, situated at the intersection of NC Highway 42 and Old Drugstore Road in Garner, North Carolina (zip code 27529), presents a unique investment opportunity. Located approximately 0.4 miles west of the newly developed I-40/US Hwy 42 interchange, this high-traffic area benefits from a signalized intersection and proximity to a recently opened retail center across NC Hwy 42. The property boasts a lot size ranging from 0.98 to 5.25 acres and is zoned GB, permitting a variety of uses. Currently available for sale or lease, build-to-suit (BTS) options are available for single or multi-tenant occupancy. Ideal for retail, restaurant, medical, office, gas station, or multifamily developments. This rapidly growing Johnston County location offers excellent visibility and access to existing utilities including curb/gutter, streets, electricity, gas, water, cable, telephone, and irrigation. The property's strategic location and flexible development options make it an attractive proposition for investors seeking a high-return investment in a thriving market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 0.98 ac (42,689 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 42 & Old Drugstore Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message