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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1623 Benson Rd, Garner, NC 27529

    5.5 ac lot
    Entity Owned 5-yr Hold
    Property ID
    US53-4865261
    Property summary
    AI-generated overview

    This exceptional 5.5-acre commercial land parcel presents a remarkable investment opportunity in Garner, North Carolina. Situated on Benson Road (NC Highway 50), a major traffic artery, this high-visibility site boasts tremendous road frontage. Its strategic location between the new Duke University Healthcare Campus and the new VA Clinic, approximately 1.1 miles south at the intersection of Highway 50 and Rand Road, ensures high traffic volume and excellent visibility. The property is zoned for Community Retail & O&I, making it ideal for a variety of uses, including fast food restaurants, retail establishments, medical offices, and professional services. Public utilities are readily accessible. The convenient location offers easy access to Downtown Raleigh, I-40, US 70, and the I-540 Extension, all within minutes. Adding to its appeal, the property is situated at the entrance to the Treeline Timber Creek Apartment complex, providing a built-in customer base. The asking price for this exceptional property is $2,800,000. This is a rare opportunity to acquire a premier commercial site in a rapidly growing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.5 ac (239,580 SF)
    UPID US53-4865261
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • evolve apartments Housing Complex
    • ChargePoint Charging Station Electric Vehicle Charging Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ctw Properties Of Garner LLC · 5 yrs held
    Ctw Properties Of Garner LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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