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Property profile & analytics
OFF-MARKET Estimated value $3,130,000
Industrial properties

6100 Nc Hwy 42nd W Garner, NC 27529-8442

65,000 SF 22.17 ac lot Built 2023
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-0721266
Property summary
AI-generated overview

This exceptional industrial property, located at 6100 - 6140 NC HWY 42 in Garner, North Carolina, offers a total of 213,800 square feet of versatile space across three single-story buildings. Built in 2023, the property boasts a range of options for businesses seeking manufacturing, flex, warehouse, distribution, or R&D space. Units are available from a minimum of 3,199 square feet up to a maximum contiguous space of 120,000 square feet, with a significant 155,740 square feet currently vacant. The property sits on a substantial 22-acre lot and features impressive specifications including ceiling heights ranging from 18 to 24 feet, 39 loading docks, and 20 drive-in doors. Ample parking is provided, with ratios varying across the buildings. The property benefits from a robust 2,000-amp electrical service. Zoned for heavy industrial use, this location in the Johnston County Industrial submarket offers excellent access and is situated in Johnston County, North Carolina, zip code 27529. This is a prime opportunity for businesses seeking modern, efficient, and flexible industrial space in a thriving location.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2023
Total area 65,000 SF
Lot 22.17 ac (965,725 SF)
Zoning code IND
APN 06D01009
UPID US53-0721266
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
$3.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.13M
Owner & transaction history
Merritt Ncfi1 LLC · 4 yrs held
Merritt Ncfi1 LLC
since 2022
Last sale
$2.9M
7 recorded transactions
2022
Price N/A
2022
$2.9M
2022
Price N/A
2019
$715,000
2006
Price N/A
2005
Price N/A
2005
Price N/A
Zoning & alternative use
IND · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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