225 Glen Rd Garner, NC 27529
For Sale
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This exceptional 1.01-acre commercial land parcel presents a prime development opportunity in Garner, North Carolina. Located just off I-40 Exit 312 at Highway 42 in the Cleveland Community, this site boasts a strategic location with excellent visibility and accessibility. The asking price is $525,000. A site plan is available, showcasing the potential for a ±9,750 square foot rectangular building with ample parking for 41 vehicles. The proposed building design includes five bays: four measuring 25 feet wide by 85 feet deep, and one measuring 25 feet wide by 50 feet deep. The property's broad zoning allows for a diverse range of uses, including office, retail, automotive, and medical facilities. Permitted uses encompass automotive services, car washes, banks, bars, restaurants (including drive-through options), convenience stores, light industrial spaces, medical and veterinary clinics, pharmacies, retail strip centers, and various service retail businesses. This versatile property is ideal for developers seeking a high-traffic location with significant development potential in a thriving community. The address is 225 Glen Road, Garner, NC 27529.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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