Financial
Distress signals
Property profile

1427 Mechanical Blvd Garner, NC 27529

OFF-MARKET
Warehouses
Property ID
US53-0191766
12,000 SF 1.55 ac lot Built 1973
Last sale May 2023 · $1,263,500
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$1.20M
Assessed land$270k
Assessed improvement$928k
Effective rate1.03%

Value estimate

· Sep 2026
$835k
$752k – $919k
AI approach$840k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$97 – $215
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
The Light Industrial District is intended to provide for a limited range of low intensity industrial uses that are not noxious or offensi...
General categoryINDUSTRIAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.7
Wholesale Shop10.6
Storage Facility9.9

Location

1427 Mechanical Blvd Garner, NC 27529-2538
County assessor Recorded deeds · 10 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3701 Conquest, Garner, NC 27529-9487 $3,425,000 Dec 2024 18,000 SF
5401 Raynor, Garner, NC 27529 $1,780,000 Dec 2023 19,228 SF
403 Loop, Garner, NC 27529 $2,700,000 Jul 2023 15,000 SF
1425 Mechanical, Garner, NC 27529-2538 $605,800 May 2023 8,000 SF
100 Rand Park, Garner, NC 27529 $3,472,900 Dec 2022 20,600 SF
1340 Bobbitt, Garner, NC 27529-3040 $1,100,000 Sep 2022 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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