Property profile

207 New Rand Rd Garner, NC 27529

OFF-MARKET
Retail space
Property ID
US53-5536749
1,614 SF 0.66 ac lot Built 1978
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction CONCRETE BLOCKS
Total area 1,614 SF
Lot 0.66 ac (28,750 SF)
Zoning code CMX
APN 1711.20-80-4420 0029745
UPID US53-5536749

Cap rate & NOI

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

Location

207 New Rand Rd Garner, NC 27529-4014
Garner metro Census 52814 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2008
$170,000
1999
$130,000
1969
Price N/A
1969
Price N/A

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

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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