Property profile

111 Main St Garner, NC 27529

OFF-MARKET
Retail space
Property ID
US53-1805436
14,400 SF 0.13 ac lot Built 1914
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1914
Construction BRICK
Total area 14,400 SF
Lot 0.13 ac (5,663 SF)
Zoning code TBD
APN 1711.19-72-0411 0058465
UPID US53-1805436

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Specialty Food Shop
  • State Government Office
  • Real Estate Agency
  • State Government Office
  • Industrial Manufacturer Production Facility

Location

111 Main St Garner, NC 27529-3250
Garner metro Census 52815 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2016
5 recorded transactions
2021
Price N/A
2016
$172,000
2005
Price N/A
2004
$135,000
1969
Price N/A

Zoning & alternative use

TBD · Garner, NC
Zoning description

This district is intended to provide a character rich, concentrated, traditional downtown style district with active storefronts, retail, and services. Residential dwellings and non active uses (like professional offices…

General category MIXED_USE
Top alternative use upside
Auto repair, garage $5.0M +9.2%
Commercial (general) $4.8M +5.1%
Medical building $4.7M +2.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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