Property profile

200 New Rand Rd Garner, NC 27529

OFF-MARKET
Retail space
Property ID
US53-4078527
5,388 SF 1.01 ac lot Built 2014
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction CONCRETE BLOCKS
Total area 5,388 SF
Lot 1.01 ac (43,996 SF)
Zoning code CMX
APN 1711.20-80-0592 0038768
UPID US53-4078527

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 Wine and Liquor Store

Location

200 New Rand Rd Garner, NC 27529-4015
Garner metro Census 52814 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
$782k
Blend (final) Blend
$1.17M

Owner & transaction history

Zoning & alternative use

CMX · Garner, NC
Zoning description

This district is designed to accommodate general commercial, retail, and service activities that serve the whole community. Offices and very light industrial uses may also be appropriate depending on the context. This di…

General category MIXED_USE
Top alternative use upside
Auto repair, garage $1.9M +9.2%
Commercial (general) $1.8M +5.1%
Medical building $1.8M +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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