1500 Garner Rd Raleigh, NC 27610

Property Details for 1500 Garner Rd

Year built

1956

Construction

BRICK

Lot size

2.38 lot acres

Property size

41,738 SF

Zone code

IX-3

Property type

Warehouses

APN

1703.20-92-0045 0045538

APU

1703209200450045538

Description

This exceptional 43,000 square foot medical office building, situated on 2.39 acres at 1500 Garner Rd, Raleigh, NC 27610 (Saints Ave @ Garner Rd), presents a unique investment opportunity. Built in 1990 and renovated in 2018, this Class C, two-story building boasts 9,500 square feet of vacant space within a single-tenant occupancy structure. The property features an 8-foot ceiling height, 208-volt 3-phase power, and a single handicap-accessible elevator. Its IX-3 zoning designation and location in the Downtown Raleigh South submarket, specifically the Garner Road cluster, offer significant advantages. The building enjoys a premium, high-profile location directly facing Garner Road, benefiting from exceptional visibility in a rapidly developing area. Surrounding development includes numerous new mid-rise rezonings and constructions, along with over 800 new high-end apartments within a short distance. The building's original design catered to medical practices, with the upper floor ideally suited for medical billing. This property offers a compelling combination of established infrastructure and significant growth potential within a thriving Raleigh neighborhood.

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Longitude

-78.6324

Latitude

35.7608

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments