Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,825,000
Industrial properties
343 Technology Dr Garner, NC 27529-6637
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1308197
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2001
Total area
19,932 SF
Lot
5.48 ac (238,709 SF)
Zoning code
COM
APN
06E02002U
UPID
US53-1308197
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
-
Convenient Appliance Service Home Appliance Store
-
Cleansol LLC (Bike/Boat/Book/etc) Store
-
American Label Technologies, Inc. (Bike/Boat/Book/etc) Store Printing Service
-
EZ Diagnostics, Inc. Medical Clinic
-
Kimberly Aycock Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.18M
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.83M
Owner & transaction history
Technology 343 LLC · 3 yrs held
Technology 343 LLC
since 2023
2 recorded transactions
Zoning & alternative use
COM · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+109.3%
Office building
$3.5M
+65.0%
Retail stores
$3.2M
+50.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,440,000
6.5%
$3,175,000
7%
$2,945,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,125,000
Current use
RESTAURANT
$4,450,000
Change: +109% · Conversion: Difficult
OFFICE BUILDING
$3,505,000
Change: +65% · Conversion: Easy
RETAIL STORES
$3,190,000
Change: +50% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,030,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,965,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,920,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$2,895,000
Change: +36% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$142 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$25,113
Tax year 2024
Assessed value
$3,100,360
Assessed 2024
Previous assessed
$3,108,570
-0.3% YoY
Effective rate
0.81%
On assessed value
Assessed land
$800,160
Assessed improvement
$2,300,200
Land market value
$800,160
Improvement market value
$2,300,200
Total market value
$3,100,360
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
5
Bathrooms
10
Total area
19,932 SF
Lot
5.48 ac (238,709 SF)
Zoning code
COM
APN
06E02002U
UPID
US53-1308197
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Garner, NC
Zoning COM · permitted uses
COM · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
RESTAURANT
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
5
Bathrooms
10
Lot
5.48 ac
Current owner
From public records · entity-resolved
Technology 343 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2349 EVERSTONE RD, WAKE FOREST, NC 27587-3459
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2023
—
Technology 343 LLC
4318 Medical Park Drive LLC
Correction Deed
related
—
Nov 9, 2017
$2,900,000
4318 Medical Park Drive LLC
American Conec Corp
Warranty Deed
$1,900,000 · Wells Fargo Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 343 Technology Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
