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203 New Rand Rd 3.1 Acres of Commercial Land Offered at $2,488,500 CAD in Garner, NC 27529
EXECUTIVE SUMMARY
Strategically positioned at a signalized intersection along US Highway 70, this ±1.73-acre commercial parcel offers prime visibility and access in a rapidly growing corridor of Garner. Zoned CMX, the site is surrounded by major retailers, residential communities, and regional draws like Amazon and Wake Med. An adjacent ±1.37-acre residential parcel zoned R4 presents a unique opportunity for multifamily development. Garner’s proximity to Downtown Raleigh, I-40, and I-540, combined with a 25% population growth over the past decade, underscores the area’s strong demand and development momentum.
PROPERTY FACTS
| Price | $2,488,500 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.10 AC |
| Property Type | Land | ||
| Zoning | CR and R-9 - Commercial Mix & Residential | ||
| Price | $2,488,500 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.10 AC |
| Zoning | CR and R-9 - Commercial Mix & Residential |
1 LOT AVAILABLE
Lot
| Price | $2,488,500 CAD | Lot Size | 3.10 AC |
| Price Per AC | $802,741.97 CAD |
| Price | $2,488,500 CAD |
| Price Per AC | $802,741.97 CAD |
| Lot Size | 3.10 AC |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $36,145 CAD | |
| Land Assessment | $403,995 CAD | Total Assessment | $440,140 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$403,995 CAD
Improvements Assessment
$36,145 CAD
Total Assessment
$440,140 CAD
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203 New Rand Rd
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