Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Main St Garner, NC 27529-3243

    • Investment properties
    • 5,164 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $640,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1452232
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • RWK / Land Surveyor
    • Hudson's Accounting & Tax Services / Accountant
    • Ball & Minor CPA, PA / Certified Public Accountant / Accounting Firm

    Property Details for 101 Main St

    Year built
    1918
    Construction
    BRICK
    Lot size
    0.11 lot acres
    Property size
    5,164 SF
    Zone code
    TBD
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    1711.19-72-0398 0214235
    APU
    1711197203980214235

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $861,000
      Market price range: $854k - $2.66M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6056
    Latitude
    35.7067
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,052
    $95,840
    $219,732
    $315,572
    -
    $95,840
    $219,732
    $315,572

    Comparable in this City

    • Value Estimation
      $2,860,000
      16,418 SF

      2339 Timber Dr

      STORE/OFFICE (MIXED USE) • 16,418 SF
      2339 Timber Dr, Garner, NC 27529-2517
      View Details
    • Value Estimation by Request
      2,144 SF

      141 Main St Sta, Unit A

      STORE/OFFICE (MIXED USE) • 2,144 SF
      141 Main St Sta, Garner, NC 27529-3241
      View Details
    • Value Estimation
      $3,205,000
      19,355 SF

      1401 Aversboro Rd

      STORE/OFFICE (MIXED USE) • 19,355 SF
      1401 Aversboro Rd, Garner, NC 27529-3980
      View Details
    • Value Estimation by Request
      1,144 SF

      1433 Mechanical Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,144 SF
      1433 Mechanical Blvd, Garner, NC 27529-2538
      View Details
    • Value Estimation by Request
      1,938 SF

      820 Garner Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,938 SF
      820 Garner Rd, Garner, NC 27529-3117
      View Details
    • Value Estimation by Request
      2,232 SF

      609 Lakeside Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,232 SF
      609 Lakeside Dr, Garner, NC 27529-4200
      View Details

    Similar Nearby for Sale

    • $650,000
      Pending

      Garner, NC Investment Opportunity

      3.05 acres in the heart of Garner, Community Retail zoning.
      Benson Rd, Garner, NC 27529
      View Details
    • $165,000
      0.34 Acres

      Downtown Garner Investment Opportunity

      0.34-acre lot in Historic Downtown Garner's vibrant business district.
      200 Rand Mill Rd, Garner, NC 27529
      View Details
    • $750,000
      3.05 Acres

      Garner, NC: 3 Acre Development Land

      Prime Garner location, high-growth potential, retail zoning.
      Benson Rd, Garner, NC 27529
      View Details
    • Contact for pricing
      1.29 Acres

      Prime Garner Farmland - 3 Parcels

      Three exceptional farm lots in Garner, NC.
      0 Benson Rd & Turner Farms Rd, Garner, NC 27529
      View Details
    • $850,000
      Pending

      7.77 Acres Near White Oak

      7.77 acres of land with development potential in Garner, NC.
      Wall Store Rd, Garner, NC 27529
      View Details
    • $129,900
      0.28 Acres

      Residential Land in Tunbridge Subdivision

      0.28 acre lot in Garner, city water and sewer.
      215 Bayberry Woods Dr, Garner, NC 27529
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      81,000 SF

      Garner, NC Multi-Tenant Commercial

      Prime Garner location, 81,000 sqft, 2,754 sqft available.
      0 Nc-42 & Nc-50, Garner, NC 27529
      View Details
    • Contact for pricing

      Garner, NC Commercial Land Opportunity

      1.28 Acres, Single Tenant Potential
      0 Jones Sausage Rd & Integrity Dr, Garner, NC 27529
      View Details
    • $1,000 /Mo
      6,900 SF

      Office Space Near Highway 70

      Office space with excellent visibility near shopping and dining.
      1002 Vandora Springs Rd, Garner, NC 27529
      View Details
    • Contact for pricing
      128,362 SF

      Warehouse Space Near I-40

      Infill warehouse space with outdoor storage near I-40.
      3001 Jones Sausage Rd, Garner, NC 27529
      View Details
    • Contact for pricing
      213,800 SF

      42 Crossing: Garner Industrial Space

      Modern industrial space, flexible layouts available.
      6100 Nc Highway 42, Garner, NC 27529
      View Details
    • $13 SF/Yr
      26,000 SF

      Garner Flex Space: 26,000 SF

      Class A Flex Space in Greenfield Park
      3201 Waterfield Dr, Garner, NC 27529
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Main St
    Garner, NC 27529-3243
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.