You are browsing as a guest. Register to access key data for free.
Property profile

407 Loop Rd Garner, NC 27529

OFF-MARKET
Warehouses
Property ID
US53-5312311
View Sample
4,500 SF 0.68 ac lot Built 1973
Entity Owned 7-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Construction METAL FRAME
Total area 4,500 SF
Lot 0.68 ac (29,621 SF)
Zoning code LI
APN 1701.12-86-6529 0087067
UPID US53-5312311

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
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2018
6 recorded transactions
2018
$137,000
2008
$450,000
2005
$325,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Garner, NC
Zoning description

The Light Industrial District is intended to provide for a limited range of low intensity industrial uses that are not noxious or offensive due to odors, smoke, dust, noise, fumes, or vibration. Operations are restricted…

General category INDUSTRIAL

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
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 407 Loop Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message