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    OFF-MARKET
    Commercial real estate

    4000 Waterfield Dr, Garner, NC 27529

    6.94 ac lot
    Entity Owned 1-yr Hold
    Property ID
    US53-2323594
    Property summary
    AI-generated overview

    This exceptional 6.94-acre industrial land parcel in Garner, NC's Greenfield Business Park offers unparalleled access to I-40 and US-70, placing your business at the heart of the Triangle region. Zoned MXD (Garner), this site is ideally suited for a variety of uses, including corporate offices, R&D facilities, distribution centers, service hotels, and retail/commercial developments. Approximately 5 acres are usable, with the remaining acreage encompassing necessary infrastructure. The property boasts direct interstate access, providing seamless connectivity to the entire Triangle area and convenient access to RDU Airport via I-40. Enjoy proximity to thriving neighborhoods, abundant shopping, dining, banking, hotels, and recreational amenities, including golf courses. Established businesses within Greenfield Business Park include Unisource, Domino's Distribution, Pergo, Waco Electric, MeadWestvaco, NC DOT, PJ Foods, Capital Dodge/Chrysler/Jeep, and Neuse River Nitrogen, underscoring the park's strong reputation and strategic location. The land is priced at $100,000 per gross acre. Note that a stream crossing will be required, with an estimated timeline of 6-9 months. "Buy Down" credits, covering approximately half the cost, are available from the seller for purchases directly from the State of NC, applied at closing. This prime location presents a unique opportunity for significant development and investment.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 6.94 ac (302,306 SF)
    UPID US53-2323594
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Cccre Holdings LLC · 1 yrs held
    Cccre Holdings LLC
    since 2025
    2 recorded transactions
    2025
    $680,000
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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