425 Technology Dr Garner, NC 27529
This exceptional 42.63-acre property in Garner, North Carolina, presents a compelling investment opportunity. Strategically located at the I-40/NC 42 Highway intersection, just south of Wake County, this site boasts approximately 3,000 feet of high-visibility frontage along Technology Drive. Less than one mile from I-40 and a short 2.6-mile drive to the new NC 540 Highway and US 70 Highway intersection, this location offers unparalleled access and connectivity. The property comprises four parcels (APN: 162800-80-1843, 162800-80-3121, 162700-89-1306, 162700-88-1797) and is zoned AR with an IHI overlay, permitting a variety of uses, including flex and industrial development. Johnston County's planning jurisdiction designates the future land use as a Regional Mixed Use Center, suggesting significant long-term growth potential. Utilities are readily available at or near the site. The asking price is $3,200,000, translating to approximately $75,064.50 per acre. This property offers a rare combination of size, location, and zoning flexibility, making it ideal for a wide range of development projects.
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
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.