Financial
Distress signals
Property profile

12450 Cleveland Rd Garner, NC 27529

OFF-MARKET
Medical Office Space
Property ID
US53-0967256
20,292 SF 1.46 ac lot Built 2006
Last sale Oct 2005 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This well-maintained three-story office building totals approximately 38,000 square feet and is located near the I-40 and NC 42 interchange in Garner, North Carolina, just off I-40. The property includes multiple smaller suites designed for office use, generally ranging from about 500 to 1,100 square feet, with elevator service to the second and third floors. Office Suite 207 consists of approximately 695 square feet and is a corner unit on the second floor with ample windows. The building…

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?
$40k
Tax billed · 2024
Assessed value$5.00M
Assessed land$536k
Assessed improvement$4.46M
Effective rate0.81%

Value estimate

· Sep 2026
$2.55M
$2.29M – $2.80M
Submarket $/SF estimate$3.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$145/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$75 – $205

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?
COM
JurisdictionJOHNSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand index
Plumbing Service9.1
Catering Service8.3
Convenience Store8.1

Location

12450 Cleveland Rd Garner, NC 27529-8353
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Frst Hls, Garner, NC 27529-3690 $2,269,000 Oct 2021 11,345 SF
Springbrook, Garner, NC 27529 $1,000,000 Jun 2021 8,182 SF
901 Us 70th W, Garner, NC 27529-2662 $750,000 Nov 2020 8,087 SF
1405 Timber E, Garner, NC 27529-6926 $5,600,000 Feb 2020 14,190 SF
520 Timber Dr Emc, Garner, NC 27529-4689 $3,163,000 Dec 2019 10,050 SF
400 Health Park, Garner, NC 27529-6933 $336,200 Jun 2019 10,718 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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