Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    982 Adams Point Dr Garner, NC 27529

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    982 Adams Point Dr Garner, NC 27529

    View on Map
    • Retail space
    For Lease
    View Listing →
    Prime Retail Space Available For Lease
    Contact for pricing
    4,800 SF

    Prime Retail Space Available

    Divisible retail space with warm shell delivery and ample parking.

    982 Adams Point Dr, Garner, NC 27529
    View Listing
    Property ID
    US53-2465284
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 982 Adams Point Dr

    Year built
    2007
    Property type
    Retail space
    Property subtype
    Coffee shops

    Description

    This high-visibility property offers approximately 8,000 square feet total , with 3,200 square feet currently pending lease and 4,800 square feet available . The available space can be configured to meet tenant needs, with suites divisible to a minimum of approximately 1,600 square feet . The landlord will deliver spaces as Warm Shell with a qualified 5+ year lease commitment , making this an ideal opportunity for tenants looking to customize their space and open efficiently. Warm Shell delivery includes concrete flooring, electrical rough-ins, and one ADA-compliant restroom featuring standard lighting, LVP wall panels, an exhaust fan, and a water heater. HVAC systems will be installed based on engineering capacity requirements, accommodating an interior suite layout with limited window exposure. Demising walls will be constructed with studs and one layer of drywall, taped and sanded, and ready for tenant finishes. Ceilings will be left exposed except within the restroom. Plumbing stubs and a sign junction box will also be provided. Spaces will be delivered in a contractor-defined “base vanilla” condition. Tenants are responsible for their own design, architectural, and engineering expenses, allowing full flexibility to tailor the space to their specific operational needs. Ideal for coffee shops, restaurants, bars, hair salons, or physical therapy centers , and similar users. The property offers ample parking, strong accessibility , and no roll-up doors . Lease rate: $28 PSF + TICAM Please message with any questions or to discuss layout options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Wake
    State
    North Carolina
    Longitude
    -78.579037
    Latitude
    35.588576

    Comparable in this City

    • Contact for pricing

      High-Visibility Flexible Spaces Available

      Customizable warm shell spaces suitable for various businesses.
      982 Adams Point Dr, Garner, NC 27529
      View Details
    • Contact for pricing

      Retail Space in Garner, NC

      Retail space available in Garner, NC with high traffic.
      Jones Sausage Rd & Integrity Dr, Garner, NC 27529
      View Details
    • Contact for pricing
      9,600 SF

      Retail Space in Growing Area

      Retail space available in a rapidly growing area.
      201-267 Timber Dr, Garner, NC 27529
      View Details
    • $14 SF/Yr
      3,900 SF

      Retail Space on Highway 70

      Retail space with highway access and ample parking.
      1575 W Us 70 Hwy W, Garner, NC 27529
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Garner, North Carolina.
      70 W Garner Rd, Garner, NC 27529
      View Details
    • $25 SF/Yr
      1,094 SF

      Garner Retail Space - Highway 70

      High-visibility retail space, 1,094 sq ft.
      1330 5Th Ave, Garner, NC 27529
      View Details

    Similar Nearby for Sale

    • $1,900,000
      9,479 SF

      Office/Retail Condo in Prime Location

      Office/retail condo in a rapidly developing, highly visible area.
      141 Technology Dr, Garner, NC 27529
      View Details
    • $1,200,000
      5,868 SF

      Commercial Building in Developing Area

      Commercial building in a rapidly developing area, visible from I-40.
      143 Technology Dr, Garner, NC 27529
      View Details
    • Contact for pricing
      9,479 SF

      Office/Retail Condo in Developing Area

      Office/retail condo in rapidly developing area near I-40.
      141 Technology Dr, Garner, NC 27529
      View Details
    • Contact for pricing
      5,868 SF

      Commercial Building in Developing Area

      Commercial building in a rapidly developing area available for purchase.
      143 Technology Dr, Garner, NC 27529
      View Details
    • Contact for pricing

      Commercial Lot in Garner, NC

      0.60-acre lot with versatile zoning in Garner, NC.
      922 Us 70 Hwy W, Garner, NC 27529
      View Details
    • Contact for pricing
      7,631 SF

      Prime Commercial Property in Garner

      1.67 acres in Garner's business district, ready for redevelopment.
      200 Vandora Springs Rd, Garner, NC 27529
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High-Visibility Flexible Spaces Available

      Customizable warm shell spaces suitable for various businesses.
      982 Adams Point Dr, Garner, NC 27529
      View Details
    • Contact for pricing

      Retail Space in Garner, NC

      Retail space available in Garner, NC with high traffic.
      Jones Sausage Rd & Integrity Dr, Garner, NC 27529
      View Details
    • Contact for pricing
      9,600 SF

      Retail Space in Growing Area

      Retail space available in a rapidly growing area.
      201-267 Timber Dr, Garner, NC 27529
      View Details
    • $14 SF/Yr
      3,900 SF

      Retail Space on Highway 70

      Retail space with highway access and ample parking.
      1575 W Us 70 Hwy W, Garner, NC 27529
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Garner, North Carolina.
      70 W Garner Rd, Garner, NC 27529
      View Details
    • $25 SF/Yr
      1,094 SF

      Garner Retail Space - Highway 70

      High-visibility retail space, 1,094 sq ft.
      1330 5Th Ave, Garner, NC 27529
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    982 Adams Point Dr
    Garner, NC 27529
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    982 Adams Point Dr, Garner, NC, 27529

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!